Business

Stock Market Keeps Rising; Early Trading Sees Nifty Reach A New Record High

Equity benchmark indices extended their winning streak in early trade on Tuesday, with the Nifty hitting a new all-time high amid an upbeat trend in global markets, ongoing foreign capital inflows, and good macroeconomic data.

In early trade, the 30-share BSE Sensex rose 96.15 points to 70,024.68. The Nifty gained 34.40 points to a record level of 21,031.50.

Tata Steel, Mahindra & Mahindra, ITC, JSW Steel, UltraTech Cement, and Bajaj Finance were the top gainers on the Sensex.

Among the laggards were Bharti Airtel, Infosys, Larsen & Toubro, and Maruti.

In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong are all trading in positive territory.

On Monday, the US markets finished higher.

On Tuesday, Brent crude climbed 0.32 percent to USD 76.27 a barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought securities worth Rs 1,261.13 crore on Monday.

On Monday, the BSE benchmark broke beyond the 70,000 level for the first time, achieving a record intra-day high of 70,057.83. It closed at 69,928.53, a gain of 102.93 points or 0.15 percent.

The Nifty went up 27.70 points or 0.13 percent to close slightly below 21,000 at 20,997.10, its all-time high.

Also read: US F-16 Fighter Jet Crashes During Training Exercise In South Korea

Spriha Rai

Recent Posts

Mumbai BJP Vice President Acharya Pawan Tripathi Takes Helm As Treasurer Of Shri Siddhivinayak Ganapati Mandir Trust

Acharya Pawan Tripathi, Vice President of Mumbai BJP, has assumed the role of Treasurer of…

7 hours ago

Hospital Fire In Taiwan Claims Eight Lives

A devastating fire at Antai Tian-sheng Memorial Hospital in Pingtung County, Taiwan, has resulted in…

12 hours ago

Israeli Drone Attack Destroys Weapons Depot In Syria

An Israeli drone attack targeted and destroyed a weapons depot in the coastal Syrian city…

12 hours ago

Income Tax Department Files Case Against NGOs For Hindering Development Projects

Income Tax Department has filed a case against five non-governmental organizations (NGOs) for allegedly attempting…

12 hours ago

Supreme Court Challenges Order To Shoot Man-Eating Leopards In Rajasthan

Chief Wildlife Warden of Rajasthan's controversial order to shoot man-eating leopards on sight has been…

15 hours ago

Yogi Government To Build ‘Digital Kumbh Museum’ Ahead Of Mahakumbh 2025

As part of the museum, a gallery will showcase the 14 gems of Samudra Manthan.…

16 hours ago