Sensex today climbs above 57K, Nifty breaches 17K; Indices at record high
Indian stock markets touched new highs on Tuesday, defying a broader fall in Asian markets as China continued to crack down on private companies.
The 30-stock benchmark BSE Sensex today touched a new record high of 57,625 while the Nifty50 index hit 17,153 in morning trade. The indexes fell a tad on profit-taking, before climbing again in intraday trading. The Sensex ended at 57,552.39, up 1.16%, while the Nifty index ended up 1.19% at 17,132.20.
Rise and Rise of Sensex and Nifty
The Sensex index has now jumped almost 120% since crashing to 25,638.90 in March 2020 due to concerns related to the Covid-19 pandemic. The non-stop rally has prompted many analysts to sound a note of caution and warn about a possible correction.
Top Gainer and Loser Stocks Today
Bharti Airtel stock was the top gainer, up 2.5% from Monday after it decided to raise Rs 21,000 crore via a rights issue to strengthen its balance sheet and after founder Sunil Mittal said the company won’t shy away from raising tariffs.
State-run Indian Oil Corp, Adani Ports, Bajaj Finserv and Shree Cement were among the other top gainers on the 50-stock Nifty. Tata Motors, Reliance Industries, Nestle, IndusInd Bank, and Mahindra & Mahindra were the biggest laggards.
Midcap, Smallcap and Sectoral Indices Today
In the broader markets, the BSE MidCap index was 0.7% higher at noon while the BSE SmallCap index gained 0.85%.
Among sectoral indexes, the BSE Healthcare Index was up 1.2% while BSE Metals gained 0.88%. The auto index was flat, weighed down losses in Tata Motors and Mahindra & Mahindra.
Share Market Today
Indices Name | Price | Price Change (% change) |
---|---|---|
S&P ASX 200 | 7683.00 | -7.7 (-0.1%) |
CAC 40 | 8016.65 | -75.21 (-0.93%) |
DAX | 17917.28 | -171.42 (-0.95%) |
Dow Jones | 38153.21 | 0.2 (0%) |
FTSE 100 | 8076.60 | 35.42 (0.44%) |
Hang Seng | 17284.55 | 83.27 (0.48%) |
US Tech Composite | 15642.91 | -2.97 (-0.02%) |
Nikkei 225 | 37628.41 | -831.6 (-2.16%) |
S&P 500 | 5056.49 | -0.43 (-0.01%) |
Gift Nifty | 22632.00 | 0.5 (0%) |
Shanghai Composite | 3052.90 | 0 (0%) |
Taiwan Weighted | 19857.42 | -274.32 (-1.36%) |
US 30 | 38154.50 | -0.5 (0%) |
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