The stock market continues to smash records, with both the Sensex and the Nifty hitting new all-time highs on Wednesday. The BSE Sensex closed at a record high of 85,930.43 points and the Nifty 50 closed at 26,250.90 points. The Sensex rose 666.25 points to end at 85,836.12 while the Nifty ended 211.90 points at 26,216.05.
Key advantages of Sensex
26 of the 30 Sensex companies posted gains. Maruti Suzuki topped the list with a growth of 4.55%, followed by Tata Motors, Bajaj Finserv and Mahindra & Mahindra, which saw gains of 2% to 3%. Tata Steel and JSW Steel stocks were also strong performers, registering gains of over 2%.
Selected stock reduced
Overall, despite the bullish trend, Larsen & Toubro had the biggest dip, down 0.94%. NTPC, Infosys and HDFC Bank also recorded smaller losses ranging from 0.01% to 0.66%.
Stable market pace
The rally came days after Sensex crossed 85,000 and Nifty crossed 26,000. Both indicators continued to set new records, reflecting growing investor confidence in the Indian economy.
