Indian stock markets surged and closed at historic highs with record-breaking gains for two consecutive days

Stock Market Closing: Like nature blooming after rain, the Indian stock market has flourished due to all the positive factors. In the last three days, the Sensex closed at a new record high with a jump of 1464 points and the Nifty 367.7 points. Investors' capital has also increased by Rs 2.58 lakh crore.

After a flat start to today's session, the Sensex hit a new all-time high of 78759.40 and the Nifty hit a new all-time high of 23889.90 today, led by gains in finance, telecom and banking stocks. The Sensex closed at 78674, up 813.46 points, and the Nifty closed at 23868.80, up 147.50 points.

Status of shares of different segments

Attractive buying in financial services, media, oil & gas, FMCG, PSU and private bank stocks led the indices higher, while selling in auto, metal, realty, consumer durables led the indices to close in the red zone. IT and pharma remained flat.

Sensex and Nifty reached new highs on the back of gains in large-cap stocks. On the other hand, profit booking was seen in mid-cap and small-cap stocks. Financial and consumer goods stocks are moving higher due to factors including strong balance sheets, strong GDP growth estimates and low inflation. Market experts are hopeful that the overall market will improve due to positive factors at the global level as well.

Top Gainers on NSE

(Source: NSE)

Top Losers in NSE