Sensex crosses record 65,000 mark; Nifty reaches all-time high

The BSE Sensex touched the 65,000 mark for the first time, and the NSE Nifty climbed a lifetime high of in a fourth-straight day of benchmark equity indices. The S&P BSE Sensex rose by 449.46 points to touch an all-time high 65,168.02 mark in early trade at 9:00 AM. The NSE Nifty 50 rose by […]

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Sushruta Bhattacharjee
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The BSE Sensex touched the 65,000 mark for the first time, and the NSE Nifty climbed a lifetime high of in a fourth-straight day of benchmark equity indices.

The S&P BSE Sensex rose by 449.46 points to touch an all-time high 65,168.02 mark in early trade at 9:00 AM. The NSE Nifty 50 rose by 128.95 points to touch the record level of 19,318 points.

The Nifty Auto Index also had an upward growth trend, rising by 0.66% to its record high. A similar record-breaking rise was also seen in the Nifty Bank index.

This unprecedented rise was propelled by bullish global market trends and an inflow of foreign funds, and the sentiments in the stock market were positive.

HDFC gains in both Sensex and Nifty

The major companies to gain in the Sensex market are HDFC Inc., HDFC Bank, Mahindra & Mahindra, UltraTech Cement, Tata Steel, Bajaj Finance, State Bank of India, Reliance Industries, Bajaj Finserv, and ICICI Bank.

From the Nifty 50 pack, the top 5 gainers were HDFC Inc., JSW Steel, Grasim, Eicher Motors, and HDFC Bank.

“On Friday, the Nifty displayed a significant upward movement, forming a long bullish candle on the daily chart and closing at a record high of 19,189, marking a gain of 217 points. Moreover, on the weekly charts, the Nifty has been consistently reaching higher highs for 14 consecutive weeks,” Ameya Ranadive, research analyst at Choice, said.