Sensex Up 300 Points To Scale Fresh Record High, Nifty Above 23,500 For 1st Time
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Sensex Today: Equity markets set fresh record highs in early trade on Tuesday amid solid global momentum. The BSE Sensex hit a new lifetime high of 77,327, while the Nifty50 surpassed the 23,500 level to touch an all-time high of 23,574.
The indices gained 300 points and 110 points, respectively. The Sensex surpassed its previous record high of 77,145, while the Nifty50 surpassed 23,490.40.
In the broader markets, the BSE MidCap, and SmallCap indices were ruling 0.34 per cent and 1 per cent higher, respectively.
Among sectors, the Nifty Pharma was the only trailing index with a 0.08 per cent cut. On the upside, the Nifty Auto index added 0.6 per cent, followed by the Nifty IT (up 0.4 per cent).
Global Cues
Global cues remain supportive of a firm session with Australia’s ASX200, Japan’s Nikkei, and South Korea’s Kospi up 0.8 per cent each.
Automaker Hyundai hit a fresh record, gaining about 1.8 per cent in Korean trade, on news that it plans to list its India unit.
Overnight in the US, the S&P 500 rose to close at a fresh record as Wall Street looked to build on last week’s gains.
The index added 0.77 per cent, while the Nasdaq Composite surged 0.95 per cent. The Dow Jones Industrial Average added 0.49 per cent, to snap a four-day losing streak.
