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Share Market Today: Sensex Crosses Historic 79K Mark; Nifty Hits 24,000. IT Stocks Rise

Share Market Today: Sensex Crosses Historic 79K Mark; Nifty Hits 24,000. IT Stocks Rise

Share market today: The two key equity benchmarks, Sensex and Nifty, on Thursday for the first time touched all-time highs. The BSE Sensex topped the 79,000-mark hitting a record high of 79,396. Eventually, the Sensex settled at 79,243, up 569 points. On the other hand, the NSE Nifty50 crossed the 24,000 mark, hitting a fresh record high of 24,087. It later ended at 24,045, up 176 points. This was the second fastest 1000-point rally in the NSE benchmark which it completed in just 23 sessions.

Stock update

On the 30-share Sensex platform, UltraCemco jumped 5.07 per cent, followed by NTPC, JSW Steel, Tata Motors, Infosys, TCS. On the down side, L&T, Sun Pharma, Nestle, HDFC Bank, Maruti, and SBI were among the laggards.

In the broader markets, the BSE Midcap index advanced 0.17 per cent, while the BSE Smallcap dipped 0.57 per cent.

Sectoral update

Sectorwise, Nifty IT index gained 2 per cent, while the Nifty PSU Bank index declined 0.9 per cent.

In the previous session on Wednesday, the BSE Sensex benchmark closed at 78,674, rising 621 points, while the NSE Nifty50 ended at 23,869, up 148 points.

Doonited Affiliated: Syndicate News Hunt

This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited

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