Nifty touches fresh record high of 25,114, led by IT stocks

Mumbai (Maharashtra) [India], August 28 (ANI): Nifty at the National Stock Exchange (NSE) touched a record new lifetime high of 25,114.05 during the trading hour on Wednesday. The sectoral stocks of IT contributed the most to the fresh lifetime high ever of Nifty. Rate cut hopes in the US and subsequent buying from foreign portfolio investors supported the market.

The sectoral index of IT was trading with a lead of 1.96 p