In the early trade, the 30-share BSE Sensex climbed 245.32 points to 80,170.09. Meanwhile, the Nifty was also up by 78.2 points to 24,402.65.
The BSE Sensex and NSE Nifty reached new all-time highs on Tuesday, driven by strong performances in the auto and FMCG sectors. The Sensex closed at 80,351.64, up 391.26 points, while the Nifty climbed 112.65 points to settle at 24,433.20.
In the early trade, the 30-share BSE Sensex climbed 205.99 points to 80,166.37. Meanwhile, the Nifty was also up by 53 points to 24,373.55.
In the early trade, the 30-share BSE Sensex fell 204.39 points to 79,792.21 in early trade. Meanwhile, the Nifty declined 40.75 points to 24,283.10 points.
The top five gainers on the Nifty50 were Tata Motors, HCLTech, ICICI Bank, Sun Pharma, and TCS. Conversely, the top losers were HDFC Bank, Bajaj Finance, Adani Enterprises, Wipro, and Tech Mahindra.
In the early trade, the 30-share BSE Sensex climbed over 300 points to 80,343. Meanwhile, the Nifty was also up by 97 points to 24,383.
Among the Sensex pack, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, IndusInd Bank, Bharti Airtel and Nestle were the biggest gainers. Tata Consultancy Services, Sun Pharma, Infosys and Tata Motors were among the laggards.
The Sensex surged by 443 points, closing at a new all-time high of 79,476.19, while the Nifty climbed 131.35 points to 24,141.95, both reaching fresh lifetime highs on Monday. Key contributors to the rally included Tech Mahindra, UltraTech Cement, Bajaj Finance, and Infosys.
In the early trade, the 30-share BSE Sensex climbed 69.63 points to 79,102.36. Meanwhile, the Nifty was also up by 37.85 points to 24,048.45 points.
The 30-share BSE Sensex climbed 620.73 points or 0.80 per cent to settle at a new closing peak of 78,674.25. Meanwhile, The Nifty went up by 147.50 points or 0.62 per cent to settle at a record closing peak of 23,868.80.
The Indian stock market showed signs of recovery on Tuesday as the Sensex surged by 237.05 points to reach 77,578.13, while the Nifty also rose by 65.8 points, reaching 23,603.65 during early trade.
Analysts expect the market to consolidate at higher levels, with budget-related sectors drawing attention. Global markets showed mixed performance, and oil prices continued to decline.
Market closing update: Rallying for the sixth straight session, the BSE benchmark Sensex climbed 141.34 points or 0.18 per cent to settle at a new closing peak of 77,478.93. The Nifty rose 51 points or 0.22 per cent to settle at its fresh closing high of 23,567.
Japan’s Nikkei declined by 0.70%, Korea’s Kospi gained 0.13%, and Australia’s ASX200 saw a marginal decrease of 0.03%. In Europe, the UK’s FTSE rose by 0.17%, driven by expected inflation figures, while Germany’s DAX fell by 0.35% and the UK’s FTSE increased by 0.60%.
Small- and mid-cap stocks also hit all-time highs, rising 0.5% and 0.35%, respectively. Wall Street's strong performance, with the S&P 500 and Nasdaq Composite closing at record levels, further boosted market sentiment.
Analysts attribute the rally to robust corporate earnings, favourable global market trends, and investor optimism about the domestic economic outlook.
Eid-al-Adha 2024: Bakra Eid is a holy occasion also called the 'festival of sacrifice' and is celebrated on the 10th day of Dhu al-Hijjah, the 12th month of the Islamic or lunar calendar. It marks the end of the annual Hajj pilgrimage. The festival is an occasion of joy and peace.
The Indian stock markets opened at fresh record highs on Thursday following the US Federal Reserve's decision to keep interest rates unchanged. The Fed also indicated only one rate cut by the end of the year despite high inflation.
Indian stock markets opened on a positive note on Wednesday, with the benchmark BSE Sensex and Nifty showing significant gains in early trading.
In early trading on Tuesday, benchmark equity indices saw a decline due to profit-taking after a record-breaking rally. Bluechip stocks such as Reliance Industries and HDFC Bank faced selling pressure.
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