Mumbai : A new history has been created in the stock market on Tuesday. Today has been a very historic day for the stock market, because this is the first time that both the major indices of the stock market have reached their all-time high. Sensex has crossed the 85,000 mark for the first time and Nifty has crossed the 26,000 mark for the first time. There is no limit to the happiness of investors with this.
Domestic markets bounced back after early deals with the 30-share BSE Sensex rising 123.81 points to hit a new all-time high of 85,052.42. NSE Nifty also hit a new record level of 25,978.90 points with a gain of 39.85 points. Among the 30 Sensex-listed companies, shares of Tata Steel, JSW Steel, Power Grid, HDFC Bank, Tata Motors and Larsen & Toubro were the biggest gainers.
Asian market
In Asian markets, South Korea's Kospi, Hong Kong's Hang Seng, Japan's Nikkei 225 and China's Shanghai Composite were among the gainers. It opened at 83.54 per dollar and fell to 83.57 per dollar after early deals, a fall of three paise from its previous close. The rupee had closed at 83.54 against the US dollar on Monday. US markets closed on a positive note on Monday.
Rupee turnover remained stable
International standard Brent crude stood at $ 74.56 per barrel with a gain of 0.89 percent. According to stock market data, foreign institutional investors i.e. FIIs were buying on Monday and they bought shares worth a net Rs 404.42 crore. The rupee traded in a narrow range in early trade on Tuesday and weakened by three paise to 83.57 per dollar amid weakness in domestic stock markets and rising crude oil prices. Forex traders said that due to the active intervention of the Reserve Bank of India i.e. RBI, the rupee has remained stable within a certain range. Meanwhile, the dollar index, which gauges the US dollar's position against six major currencies, stood at 100.92, up 0.07 per cent. International standard Brent crude stood at $ 74.57 per barrel with a gain of 0.91 percent.
(with agency input)
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