• Source:PTI
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For the first time, the benchmark BSE Sensex breached the historic level of 80,000 during the day, and the Nifty rose by more than 162 points to a new all-time high on Wednesday, after significant buying in banking stocks and FMCG stocks amid strong global market trends. The 30-share Sensex hit the historic 80,000-point milestone for the first time earlier in the day. The index climbed 632.85 points, or 0.79 percent, to reach a record high during the day at 80,074.30 points.

The index subsequently closed near the 80,000-point mark at 79,986.80 points, up 545.35 points, or 0.69 percent, from its previous close. The BSE Sensex crossed the 78,000-point level on June 25 and 79,000 points for the first time on June 27. The Nifty index increased 162.65 points, or 0.67 percent, to reach a new all-time high of 24,286.50. During the day, it increased 183.4 points, or 0.76 percent, to reach a new record intraday high of 24,307.25.

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Adani Ports, Kotak Mahindra Bank, HDFC Bank, Axis Bank, IndusInd Bank, State Bank of India, Power Grid, JSW Steel, Bajaj Finance, and Tata Steel were the top gainers among Sensex companies. Tata Consultancy Services, Titan, Reliance Industries, Tata Motors, and Larsen & Toubro were the laggards.

Seoul, Tokyo, and Hong Kong all finished in positive territory, while Shanghai ended lower, in Asian markets. European markets were trading with gains. The US markets closed higher on Tuesday. In volatile trading on Tuesday, the Bahrain Stock Exchange index decreased 34.74 points, or 0.04 percent, to close at 79,441.45 points. During the day, it jumped 379.68 points, or 0.47 percent, to hit a record high of 79,855.87. 

The Nifty index fell 18.10 points, or 0.07 percent, to 24,123.85. During the day, it rose 94.4 points, or 0.39 percent, to reach an all-time high of 24,236.35. Brent crude, the global benchmark, increased 0.09 percent to $86.32 per barrel. According to stock exchange data, foreign institutional investors (FIIs) sold shares worth Rs 2,000.12 lakh crore on Tuesday.

(With Agencies Input)

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