The Nifty 50 index hit a record high of 18,856.85 on June 21, 2023, the first time since December 2022. The index closed at 18,826, up 0.26% from the previous day. The rise in the Nifty was driven by gains in IT, banking, and financial services stocks. IT stocks were up 1.1%, while banking and financial services stocks were up 0.8%. The rise in the Nifty comes amid positive global cues. The US stock market was also up on the day, with the S&P 500 index closing at a record high. Investors are opt