- By Aditya Pratap Singh
- Wed, 03 Jul 2024 09:51 AM (IST)
- Source:JND
Sensex, the index of the top 30 stocks on the Bombay Stock Exchange, crossed the 80,000 mark for the first time as banking and fast-moving consumer goods stocks contributed to the rally. Both benchmark indices Nifty and Sensex hit new highs on July 03 as global cues boosted sentiment.
At around 9:20 am, the Sensex rose 0.61% to 79,923 and the Nifty rose 0.55% to 24,257. The prices of about 2,086 shares surged, the prices of 699 shares fell, and the price for 100 shares remained unchanged.
The S&P 500 closed at 5,509, marking its first close above the 5,500 level. The Nasdaq Composite Index jumped nearly one percent, settling at 18,028, another record high.
HDFC Bank, Bharti Airtel, Kotak Mahindra Bank, Bajaj Finance, ICICI Bank, IndusInd Bank, and Nestle were the top gainers in the Sensex pack. Tata Consultancy Services, Infosys, and Tata Motors, Sun Pharma, were among the losers.
Seoul, Tokyo, and Hong Kong were trading in positive territory in the Asian markets, while Shanghai prices were down. US markets ended higher on Tuesday.
The Sensex declined 34.74 points, or 0.04 percent, to settle at 79,441.45 points in Tuesday's volatile trading. During the day, it jumped 379.68 points, or 0.47 percent, to reach 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 climbed 94.4 points, or 0.39 percent, to reach an all-time high of 24,236.35.
The price of the global benchmark Brent crude oil rose 0.56 percent to $86.72 a barrel. According to stock exchange data, foreign institutional investors (FIIs) sold shares worth Rs 2,000.12 lakh crore on Tuesday.
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