The Nifty had scaled new peaks on Monday and Tuesday, while the Sensex hit a record high for the first time since July 20.
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India’s blue-chips Nifty 50 and Sensex opened higher and hit fresh all-time highs on Thursday. The Nifty 50 was up 0.29% to a new all-time high of 20,127.95 by 9:15 am, while the S&P BSE Sensex gained 0.24% to 67,627.03.
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The Nifty had scaled new peaks on Monday and Tuesday, while the Sensex hit a record high for the first time since July 20.
According to CNBC, shares of Bombay Dyeing went up 20 percent when the markets opened. This came after the news that the company will sell its 22 acre land in Mumbai’s Worli to become debt-free.
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The transaction to Goisu Realty Pvt. Ltd. will be done in two phases for a total consideration of Rs 5,200 crore. The first phase will see the company receiving Rs 4,675 crore, while the rest will be received upon completion of certain conditions as set out in the definitive agreements.
The stock has gained 28.2 percent in the past month, and 166.35 percent in the last six months.
