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Stock market showed strength, Sensex reached near all-time high; Nifty also crosses 26000

Stock market showed strength, Sensex reached near all-time high; Nifty also crosses 26000
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Share Market Updates: Indian stock market had a good start today. In morning trade, BSE Sensex was trading 134 points or 0.16 per cent higher at 85743, while Nifty 50 rose 60.85 points to 26,266.15, which is its new high level achieved after 14 months.

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At the same time, Sensex is also very close to its all-time high level of 85978 on September 27, 2024. That means today the Sensex is 235 points away from breaking its all-time high record. According to global indications, Sensex may cross 86000 today. If this happens, today Sensex will create another new history.

Top Losers and Gainers

In the initial session of trading on Thursday, most of the Sensex stocks were trading in the green. Bajaj Finance was the first name in the list of top gainers, which rose 1.03 percent. After this, Axis Bank gained 0.83 percent. The stock of Larsen & Toubro rose by 0.76 percent, ICICI Bank by 0.71 percent and Asian Paints by 0.60 percent. At the same time, Eternal suffered the most loss, which slipped by 0.70 percent. A decline of 0.28 percent was recorded in Titan’s stock, 0.25 percent in Maruti’s stock, 0.19 percent in Kotak Mahindra Bank and 0.18 percent in Adani Ports.

Global market also booming

Strength was seen in the Asian market today. From Japan’s Nikkei to South Korea’s Kospi, growth was seen. Global equities are close to erasing their November losses, with the MSCI All Country World Index rising for the fifth consecutive session, according to Bloomberg.

Here, Wall Street also did good business overnight because there were expectations about a possible cut in interest rates, due to which investors remained interested. The S&P 500 rose 0.69 percent, while the technology-heavy Nasdaq gained 0.82 percent.

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Tags: alltimeBombay stock exchangecrosseshighmarketNiftyreachedSensexshare marketShare Market Updatesshowedstockstrength
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