New Delhi:
Stock Market Today: The Indian stock market has created a new history today i.e. on 23 September. Both Sensex and Nifty have reached a new all-time high level, breaking their previous records in the pre-open session. Sensex opened at 84,651.13 with a gain of 106.82 points i.e. 0.13 percent. While the Nifty 50 index opened at 25,872.55 this morning with a gain of 81.60 points i.e. 0.32 percent.
In early trade, the 30-share BSE Sensex jumped 318.58 points to an all-time high of 84,862.89. The NSE Nifty gained 120.75 points to a new record high of 25,911.70.
Nifty crossed 25,900 for the first time
At 9:35 am, the Sensex rose 294.77 points (0.35%) to reach the level of 84,839.08. At the same time, the Nifty 50 index rose 110.50 points or 0.43% to trade at the level of 25,901.45. Let us tell you that this is the first time that the Nifty has crossed the level of 25,900.
Adani Ports among top gainers
Among the 30 companies listed on the Sensex, Mahindra & Mahindra, Bharti Airtel, NTPC, State Bank of India, Kotak Mahindra Bank, Adani Ports, Tata Steel and Tata Motors were the top gainers, while ICICI Bank, HCL Technologies, JSW Steel and ITC were the losers.
The stock market rose sharply last week
Last week, the stock market witnessed a tremendous boom. Sensex, Nifty and Nifty Bank all three made new all-time highs of 84,694, 25,849 and 54,066 respectively. The reason for the boom in the stock market was the 50 basis point cut in interest rates by the US Fed and the strong US economy.
The reason for the rise in the market is believed to be the purchases made by foreign investors. Foreign institutional investors (FIIs) have made purchases worth Rs 11,517.92 crore.
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Kanishk Singh has always had a keen interest in fast-paced cars. For the past three years, he has been writing about automobiles, but his fascination with cars dates back even further. He thoroughly enjoys learning about their features and expressing his thoughts through his writing. Kanishk also has a profound interest in the stock market, shares, and business strategies. He possesses a wealth of knowledge on these subjects and consistently writes articles on them. Currently, he is working as a writer for Lattestnews24, specifically focusing on the Automobile, Finance, and Business categories. His well-crafted words are highly appreciated by the readers, as they find them both informative and creative.