the Indian stock market reached new milestones today as the Nifty50 index surpassed the remarkable 20,000-point threshold for the very first time. This historic achievement was complemented by the BSE benchmark Sensex, which soared 528.17 points, marking a substantial 0.79 percent increase to close at 67,127.08. Meanwhile, the broader NSE Nifty50 rallied, gaining 180.45 points, or 0.91 percent, to settle at 19,996.35. During the intraday session, Nifty50 peaked at a record-breaking high of 20,008.15.
Key Highlights:
- The Nifty50 index made history by surging past 20,000 points, creating waves in the Indian stock market.
- BSE Sensex gained 528.17 points, marking a 0.79 percent increase, closing at an impressive 67,127.08.
- The broader NSE Nifty50 witnessed a strong rally, climbing 180.45 points, or 0.91 percent, to settle at 19,996.35.
- Adani Ports emerged as today’s top performer, with a staggering 7 percent surge, driven by a boost in promoter group stakes.
- Apart from the media index, which faced a 0.33 percent decline, all sectors ended the day in the green.
- The Nifty PSU Bank sector soared by an impressive 3.13 percent, showcasing robust gains.
- Nifty Auto witnessed a notable rise of 1.69 percent, contributing to the bullish sentiment.
- The metal index displayed strength, climbing 1.81 percent, while Nifty Bank recorded a significant 0.92 percent surge.
- India Vix, a key volatility indicator, witnessed an uptick of 5.26 percent, reflecting heightened market dynamics.
Adani Ports and Adani Enterprises took the lead in today’s trading session following an increase in promoter group stakes. Adani Ports surged over 7 percent, reaching Rs 883.55 on the NSE, while Adani Enterprises gained 3.68 percent, closing at Rs 2612.
The top gainers of the day included Adani Ports, Adani Enterprises, Axis Bank, Apollo Hospital, Power Grid, Maruti Suzuki, UPL, Hindalco, HDFC Life, Hero MotoCorp, Hindalco, and HCLTech. These companies contributed significantly to the bullish momentum witnessed in the stock market today.
In summary, the Indian stock market witnessed a historic milestone as the Nifty50 index crossed the 20,000-mark for the first time ever. This remarkable achievement was accompanied by robust gains in the BSE Sensex and various sectors. Adani Ports and Adani Enterprises emerged as the top performers, underlining the positive sentiment in the market.
- Nifty50 index shatters the 20,000-point barrier for the first time in history.
- BSE Sensex gains 528.17 points, closing at 67,127.08, while NSE Nifty50 climbs 180.45 points to settle at 19,996.35.
- All sectors, except media, end the day in the green with Nifty PSU Bank leading the way with a 3.13 percent surge.
- Adani Ports and Adani Enterprises top the charts with gains of over 7 percent and 3.68 percent, respectively.
- Other notable gainers include Axis Bank, Apollo Hospital, Power Grid, Maruti Suzuki, UPL, Hindalco, HDFC Life, Hero MotoCorp, Hindalco, and HCLTech.
