The stock market has been witnessing a rise for the last two days. But on Tuesday, Sensex and Nifty opened in the red. However, there was not much decline. But after 15 minutes the index was in the green zone. In this way, despite moving at a slow pace, the stock market has created a new history.
there was a sudden surge
The 30-share Sensex of the Bombay Stock Exchange reached an all-time high of 85,041.34 points. This was the first time that the Sensex crossed 85 thousand, while the Nifty is trading close to 26 thousand.
open market in red zone
Despite positive global cues, the Indian stock market opened in the red. On one hand, the Sensex opened 130.92 points down at 84,860.73 and after some time this decline turned into a boom and the Sensex climbed more than 115 points to reach a high of 85,052.42. On the other hand, after entering the green zone like the Sensex, the Nifty opened 22.80 points down at 25,916.20 and reached 25,978.90, which is its new all-time high.
Breaks were recorded
Importantly, on the last trading day, both the stock market indices broke all their previous records and closed at an all-time high. The BSE Sensex opened at 84,651.15 and reached 84,980.53 during the day's trading. After this, it closed at 84,928.61 with a jump of 384.30 points. NSE's Nifty also registered a strong rise and after opening at 25,872.55, it reached 25,956 during trading. However, at the close of the market, the Nifty closed at 25,939.05 with a gain of 148 points.