The BSE benchmark Sensex hit the historic 76,000 mark for the first time in today’s afternoon session and the NSE Nifty also scaled an all-time peak in tandem with a rally in global markets.
The 30-share BSE Sensex climbed 599 points to an all-time peak of 76009.68 in afternoon trade. The NSE Nifty went up by 154 points to hit a new lifetime high of 23,111.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the positive territory.
Domestic blue-chip indices Nifty50 and Sensex closed subdued on Monday, May 27 amid profit booking, after scaling record highs in morning trade. The 30-share BSE Sensex closed at 75,390.5, down 19.89 points or 0.03 per cent, Sensex surpassed the 76,000 mark for the first time in afternoon trade today while NSE Nifty went up by 24.65 points or 0.11 per cent to settle at 22,932.45 after scaling a new lifetime high of 23,110.8.
Among the Nifty companies, 29 stocks were declining while 21 stocks were advancing. Adani Enterprises, Wipro, Grasim, SBI Life and ONGC were the top decliners in the Nifty 50 universe while Divi’s, IndusInd Bank, Adani Ports, Axis Bank and LTIMindtree led the gains.
The domestically focussed Nifty SmallCap 100 and Nifty MidCap100 were up 0.81 per cent and 0.64 per cent, respectively. The high-beta Nifty Bank index, whose 12 constituents include SBI, HDFC Bank, and ICICI Bank, settled 310.15 points or 0.63 per cent higher at 49,281.8.
Global market
On Monday, European stocks were subdued as investors taking a cautious stance ahead of key inflation data from the US and Europe later this week.