Share Market Live Updates August 30, 2024: Nifty, Sensex scale new highs on robust GDP outlook, global cues

Sensex, Nifty, Share Prices LIVE: Indian equity benchmarks Nifty and Sensex opened at record highs on Friday, buoyed by positive global cues, strong domestic economic outlook, and substantial foreign investment inflows. The Nifty 50 index opened at 25,249.70, while the Sensex began trading at 82,637.03.
The market rally was fueled by Moody’s raising India’s 2024 GDP growth forecast to 7.2 per cent from 6.8 per cent earlier. Investors also reacted positively to better-than-expected US GDP data, which grew at a 3 per cent annualized rate in the second quarter.

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