Record rise in stock market: Sensex crosses 83,000, strong rise in Nifty too; Know today’s big news

Stock Market Today Update: The week started with great enthusiasm in the Indian stock market on Monday. On the back of global cues and domestic buying, both the major indices Sensex and Nifty crossed important psychological levels in the initial minutes itself, creating an atmosphere of happiness among the investors.

On the first trading day of the week i.e. Monday, the Indian stock market opened completely in the green. During early trading itself, the 30-share BSE Sensex gained 276.69 points or 0.33 percent to reach the level of 83,091.40 points. This movement of Sensex has given a clear signal to the investors that the bullish trend in the market will continue.

Similarly, National Stock Exchange The benchmark index Nifty-50 (NSE Nifty) also gained 72.30 points or 0.28% to 25,643.55 points. However, some early updates have also indicated Nifty crossing 26,000, indicating deep market strength. This rally has provided relief to investors who were worried about the direction of the market after the weekend.

Last session’s momentum remained intact

This greenery seen in the market on Monday is an extension of the strength of the previous session i.e. Friday. on the last business day Friday bse sensex It jumped 316.57 points and closed at 82,814.71 points. At the same time, NSE Nifty closed at the level of 25,571.25 with a gain of 116.90 points. This increase of two consecutive sessions has made the market sentiment positive. It is being said that the activism of domestic institutional investors (DII) and positive news from the corporate world have played a big role in this surge.

Who dominated on Friday?

NTPC, Larsen & Toubro, Bajaj Finance, Tata Steel and Power Grid Corporation of India were the major gainers in the Sensex pack. On the other hand, decline was seen in Tech Mahindra, HCL Technologies, Bharti Airtel and Mahindra & Mahindra.

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Talking about sectoral indices, Nifty 100, Nifty Bank, Nifty FMCG, Nifty Midcap 100 and Nifty Auto remained strong, while Nifty IT and Nifty Smallcap 100 remained under pressure. Overall, 21 out of 30 BSE shares closed with gains, while 9 shares declined.