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

Gautam Adani Hails Puri Lifeguards As Unsung Heroes During Rath Yatra Visit

Gautam Adani, Chairman of the Adani Group, visited Puri in Odisha during the annual Rath…

2 hours ago

Acharya Pramod Krishnam Slams Congress Over ‘Internal Emergency’ Allegation

Acharya Pramod Krishnam, stirred political debate by claiming an 'internal emergency' still exists within the…

2 hours ago

MRM Meeting: Pledge for Global Peace, Green India, De-addiction & Democratic Integrity

Taking a crucial step toward positive transformation, social reform, and global peace, the Muslim Rashtriya…

2 hours ago

India To Host 2029 World Police & Fire Games; Amit Shah Hails Global Recognition

India has been chosen to host the prestigious 2029 World Police and Fire Games in…

2 hours ago

Seeing The Lord Among Devotees Is The Pinnacle Of Humility: Gautam Adani At Rath Yatra

Gautam Adani, along with his wife and Karan, participated in the Rath Yatra in Puri,…

5 hours ago

PM Modi Interacts With Group Captain Shubhanshu Shukla Aboard The ISS

PM Narendra Modi interacted with Group Captain Shubhanshu Shukla, the first Indian to reach the…

6 hours ago