Indian stock indices hit fresh highs on strong fundamentals

Indian stock indices traded sharply higher on Thursday morning and hit their lifetime highs for the fourth straight day At 9 31 am Sensex traded at 63 471 92 points up 372 27 points or 0 59 per cent whereas Nifty traded at 18 857 20 points up 98 85 points or 0 53 per cent Sensex breached the 63 000 mark on Wednesday From 60 000 to 63 000 markets took 14 months time Among the Nifty 50 stocks Hindalco Tech Mahindra HCL Tech Infosys and TCS were the top five gainers while Bajaj Auto Hindustan Unilever Eicher Motors UPL and Cipla were the top five losers National Stock Exchange data showed Robust foreign fund inflows into Indian equities the appreciating Rupee and hints by the US central bank about the moderating rate of interest hikes supported investors sentiment