Stock Market All Time High: After two days of dry ups and downs, the Indian stock market has again registered an attractive jump today. Due to the rise in banking and financial services stocks, the Sensex, Nifty, Bankex and financial services indices have reached an all-time high today.
In the afternoon trading session, the Sensex rose 619.19 points to a new all-time high of 77960.27. Now there is little distance left to cross the 78000 level. At 2 am it was trading with a gain of 611.5 points. Nifty was also trading at 23655 after touching the highest level of 23668.65.
Bank Nifty crosses 52 thousand for the first time
Bank Nifty today crossed the 52 thousand mark for the first time and reached a high of 52511.30. Nifty Financial Services also hit a new record high with a gain of 1.51 percent, Axis Bank rose 2.66 percent, ICICI Bank 2.28 percent and HDFC Bank 2.25 percent, while SBI rose 1.50 percent. Out of the 9 stocks listed on BSE Bankex, only Canara Bank's stock was trading down by 0.47 percent.