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Markets Hit Record High Levels For 5th Consecutive Day; Nifty Closes Above 25k

By PTI

Published : Aug 1, 2024, 4:41 PM IST

The Indian stock market closed with a green flag on Thursday afternoon as the Sensex and Nifty indices stood at record-high levels after buying index heavyweights HDFC Bank and Reliance Industries.

Stock markets remained on a record-smashing course for the fifth straight day on Thursday, with Sensex and Nifty settled at record-high levels after buying in index heavyweights HDFC Bank and Reliance Industries.
Representational Image (ANI)

Mumbai:Stock markets remained on a record-smashing course for the fifth straight day on Thursday, with Sensex and Nifty settled at record-high levels after buying in index heavyweights HDFC Bank and Reliance Industries.

The 30-share BSE Sensex climbed 126.21 points or 0.15 per cent to settle at a new lifetime high of 81,867.55. In the intra-day session, it soared 388.15 points, or 0.47 per cent, to hit an all-time intra-day high of 82,129.49.

The NSE Nifty rose 59.75 points or 0.24 per cent to settle at an all-time closing high of 25,010.90. Intraday, it scaled the record 25,000 level for the first time, rising 127.15 points, or 0.50 per cent, to 25,078.30.

From the Sensex stocks, Power Grid, NTPC, HDFC Bank, Nestle India, Adani Ports and Special Economic Zone, Maruti Suzuki India and Reliance Industries were the major gainers. In contrast, Mahindra and Mahindra, Tata Steel, Bajaj Finserv, State Bank of India, Larsen & Toubro and Tata Motors were the laggards.

Brent crude -- the global oil benchmark -- rose 0.98 per cent to USD 81.63 per barrel in futures trade. In Asian markets, Tokyo, Shanghai and Hong Kong closed in the negative territory, while Seoul ended in the green.

The European markets were quoting lower in the mid-session deals on Thursday. The US stocks settled in the green territory in overnight trade on Wednesday. Foreign institutional investors were net sellers in the capital markets on Wednesday and offloaded shares worth Rs 3,462.36 crore, according to exchange data.

On Wednesday, the 30-share BSE Sensex settled higher by 285.94 points or 0.35 per cent at 81,741.34 -- its all-time closing high -- while NSE Nifty rose 93.85 points or 0.38 per cent to close at an all-time high of 24,951.15.

Date Milestone Figures Touched Trading Sessions
09th Mar 1992 1000 333
09th Jan 2004 2000 2836
30th Jan 2006 3000 517
01st Dec 2006 4000 212
27th sep 2007 5000 204
01st Nov 2007 6000 24
12th May 2014 7000 1617
01st Sep 2014 8000 77
03rd Mar 2015 9000 122
25th July 2017 10000 592
23rd Jan 2018 11000 125
23rd May 2019 12000 326
24th Nov 2020 13000 375
31st Dec 2020 14000 24
05th Feb 2021 15000 24
03rd Aug 2021 16000 120
31st Aug 2021 17000 19
11th Oct, 2021 18000 28
28th Jun, 2023 19000 424
11th Sep, 2023 20000 51
08th Dec, 2023 21000 60
15th Jan, 2024 22000 25
24th May, 2024 23000 88
27th June, 2024 24000 23
01st Aug, 2024 25000 24

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