- By Aditya Pratap Singh
- Tue, 17 Sep 2024 04:26 PM (IST)
- Source:JND
Stock Market: The benchmark Sensex climbed nearly 91 points to finish at a new all-time high on Tuesday, while the Nifty surpassed 25,400 levels for the first time on the back of solid global trends ahead of the much-anticipated US Fed decision on interest rates. Extending its record-breaking run for the second straight day, the 30-share BSE Sensex gained 90.88 points, or 0.11 per cent, to hit a fresh all-time high of 83,079.66. It had climbed 163.63 points, or 0.19 per cent, to close at 83,152.41 on Monday. The NSE Nifty rose 34.80 points or 0.14 per cent to a new all-time high of 25,418.55
Among the 30 Sensex constituents, NTPC, Bharti Airtel, Kotak Mahindra Bank, Mahindra & Mahindra, ICICI Bank, Titan, Larsen & Toubro, Hindustan Unilever, Bajaj Finance and Reliance Industries were the top gainers. Tata Steel, Tata Motors, JSW Steel, Adani Ports, ITC and Asian Paints were the major laggards.
In the Asian region, Hong Kong ended with gains, while Tokyo closed in the red. Mainland Chinese and South Korean markets were shut. European markets were trading in positive territory. The U.S. markets had ended mostly higher on Monday.
According to government data released on Tuesday, wholesale inflation eased to 1.31 per cent in August. Foreign institutional investors (FIIs) offloaded equities worth Rs 1,634.98 crore on Monday, as per exchange data. Brent crude, the global benchmark, was down 0.25 per cent at $72.52 per barrel.
On Monday, the BSE benchmark gained 97.84 points, or 0.12 per cent, to end at a new high of 82,988.78. The Nifty had climbed 27.25 points, or 0.11 per cent, to 25,383.75. During the day, the benchmark had touched a new intra-day high of 25,445.70.
Also Read: Wholesale Inflation Falls For Second Month In A Row To 1.31% In August
(With PTI's Input)