Business

Sensex Rises Above 75,000 For First Time; Nifty Ends At Record High

On Wednesday, Benchmark Sensex rose 354 points to end above the 75,000 level for the first time, while broader Nifty reached a new high thanks to gains in FMCG, energy, and metal shares.

The 30-share BSE Sensex soared 354.45 points or 0.47 percent to 75,038.15. During the day, it climbed 421.44 points or 0.56 percent, reaching a high of 75,105.14.

The NSE’s broader Nifty moved 111.05 points or 0.49 percent to 22,753.80. During the day, it inched up 132.95 points or 0.58 percent to reach a lifetime high of 22,775.70.

Vedanta, United Spirits, Interglobe Aviation, Coal India, BPCL, Trent, PNB, and Kotak Mahindra Bank were the top gainers.

Among the laggards were Info Edge (India), HDFC Life Insurance, Cipla, Divi’s Labs, Maruki Suzuki, and Shree Cement.

In Asian markets, Tokyo, South Korea, and Shanghai closed lower, while Hong Kong ended higher.

European stocks were trading in positive territory.

On Tuesday, Wall Street finished mainly up.

Brent crude gained 0.18 percent to USD 89.58 a barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 593.20 crore on Tuesday.

On Tuesday, the BSE benchmark lost 58.80 points or 0.08 percent to 74,683.70, while NSE Nifty dropped 23.55 points or 0.10 percent to 22,642.75.

Also read: China Defies US Criticism Over Its Ties With Russia

Spriha Rai

Recent Posts

PM Modi: NDA Government Has Redefined Women-Led Development Over 11 Years

Marking 11 years of the NDA govt at the Centre, PM Modi stated that women-led…

22 mins ago

Team India Begins Training In England Ahead Of Test Series Opener

Team India, led by new captain Shubman Gill, has commenced training in England ahead of…

45 mins ago

Five Districts In Manipur Face Internet Shutdown Following Unrest

Manipur suspended internet in five districts for five days after protests over arrest of a…

3 hours ago

Shashi Tharoor Criticises Pakistan: “In Pakistan You Get Rewarded For Promoting Terrorism”

Shashi Tharoor condemns Pakistan’s treatment of Dr Shakil Afridi, who helped the US locate Osama…

3 hours ago

How To Read Food Labels & Make Smarter Grocery Choices

Reading food labels helps you make informed, healthier choices by understanding nutrition facts & picking…

4 hours ago

JP Nadda Slams Rahul Gandhi’s ‘Match-Fixing’ Claims As ‘Desperation Of Losing’ Polls

Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…

16 hours ago