Historic! Sensex hits historic 80,000-mark; Nifty reaches new lifetime high

Historic! Sensex hits historic 80,000-mark; Nifty reaches new lifetime high

Mumbai: In a historic day for Indian stock market, Sensex hit historic 80,000-mark on Wednesday. The Nifty also reached its fresh lifetime high in early trade. The indices reached their record peaks as heavy buying was recorded in bank stocks and firm global market trends.

As the market opened, the 30-share BSE Sensex rallied 597.77 points to hit a new lifetime high of 80,039.22, while the broader Nifty appreciated 168.3 points to hit a new record peak of 24,292.15.

Sensex pack top gainers: Bharti Airtel, Nestle, Kotak Mahindra Bank, Bajaj Finance, HDFC Bank, ICICI Bank, and IndusInd Bank.

Top laggards: Sun Pharma, Infosys, Tata Motors and Tata Consultancy Services.

Stock Market on July 2, 2024: The BSE slipped 34.74 points to end at 79,441.45 in a volatile trade on Tuesday. It had jumped 379.68 points to hit a record peak of 79,855.87 in the day. The Nifty slipped by 18.10 points to settle at 24,123.85. During Intra-day, it rose 94.4 points and hit a fresh high of 24,236.35.

According to exchange data, Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,000.12 crore on 2nd July.

Meanwhile, Rupee fell 5 paise to 83.53 against US dollar in early trade today.

World Markets

Asian markets: Seoul, Tokyo and Hong Kong were trading in Green while Shanghai quoted lower.

US markets ended higher on Tuesday.

Global oil benchmark Brent crude increased 0.56 per cent to USD 86.72 a barrel.

 

 In a historic day for Indian stock market, Sensex hit historic 80,000-mark on Wednesday. The Nifty also reached its fresh lifetime high in early trade.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today