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Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline Sensex ended Thursday’s session at a fresh closing high, led by a rally in financial heavyweights. The Sensex ended 184 points higher at 40,653.74, while the Nifty ended the session above the crucial 12,000-mark. Sun Pharma, IndusInd Bank, Reliance Industries shares were the biggest gainers, jumping up to 4%. Intra-day, the Sensex hit a new all-time high of 40,688.27. The Sensex rallied to fresh all-time high on Thursday morning after the Narendra Modi-led government announced a major reform to bolster the stressed real-estate sector. The Sensex jumped more than 207 points to fresh high of 40,676.44. Yesterday, Sensex ended the session at a closing high 40,469. The previous record high came at 40,606, hit in intra-day trade yesterday. Meanwhile, the broader Nifty hit the crucial 12,000-mark on Wednesday. FM Nirmala Sitharaman has approved the establishment of a ‘Special Window’ to provide priority debt financing for completion of stalled housing projects in the Affordable and Middle-Income Housing sector. Addressing a press briefing after the Cabinet meeting, Nirmala Sitharaman said that the government shall act as the sponsor of the fund and infuse funds up to Rs 10,000 crore, which will provide relief to developers with unfinished projects and ensure delivery of homes to buyers. She further said that the move will help in relieving financial stress faced by a large number of middle-class homebuyers who have invested their hard-earned money. The Cabinet on Wednesday cleared the structure of the proposed exclusive alternate investment fund (AIF) for the real estate sector with an initial corpus of Rs 25,000 crore, more inclusive terms and a commitment to continue to provide more budget funds, in addition to the initial Rs 10,000 crore, as and when demand arises. We bring to you LIVE updates.
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