Sunday , November 24 2024

Sensex touched 82000, Nifty touched 25000

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Ahmedabad: In contrast to the cautious attitude of the global markets amid the possibility of war between Israel and Iran, the Indian stock market created a new history of rise today. Today, the Sensex reached the level of 82000 and Nifty 25000 on the strength of fresh rise led by foreign investors amid the progress of monsoon and announcement of corporate results. However, today the wealth of investors declined by Rs 76,000 crore.

Global stock markets remained cautious today amid fears of war between Israel and Iran. However, domestic bullish sentiment emerged due to reports of favourable monsoon progress across the country as well as impressive results from the corporate sector.

Today, the BSE Sensex hit an intra-day high of 82129.49 after breaching the 82000 level on the back of fresh buying by domestic funds and players led by foreign investors. However, profit-taking in select stocks was quickly wiped out later due to selling pressure in rupee and the Sensex ended the session at a new record high of 81867.55, up 126.21 points.

Riding on fresh gains on NSE, the Nifty closed 59.75 points higher at record high of 25010.90 at close of trade, after breaching the 25000 mark intra-day and touching a lifetime high of 25078.30.

Despite the surge in the Sensex, investors' wealth (BSE market cap) fell by Rs 76,000 crore today to Rs 461.62 lakh crore. Today, foreign investors borrowed Rs 2089 crore. At the same time, local institutions sold Rs 337 crore.

Sensex Journey

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Date of achievement

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The Nifty journey

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Date of achievement

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