Sensex hits 76,000-mark for first time; Nifty reaches new all-time peak

The NSE Nifty went up by 153.7 points to hit a new lifetime high of 23,110.80

Updated - May 27, 2024 01:23 pm IST

Published - May 27, 2024 10:22 am IST - Mumbai

The 30-share BSE Sensex climbed 599.29 points to an all-time peak of 76,009.68 during the afternoon trade on May 27, 2024. File

The 30-share BSE Sensex climbed 599.29 points to an all-time peak of 76,009.68 during the afternoon trade on May 27, 2024. File | Photo Credit: Reuters

The BSE benchmark Sensex hit the historic 76,000 mark for the first time on May 27 and the NSE Nifty hit its new all-time peak in tandem with a rally in global markets and optimistic investors' sentiment days ahead of the results of the Lok Sabha polls announcement.

The 30-share BSE Sensex climbed 599.29 points to an all-time peak of 76,009.68 during the afternoon trade. The NSE Nifty went up by 153.7 points to hit a new lifetime high of 23,110.80.

From the Sensex firms, IndusInd Bank, Axis Bank, HDFC Bank, Larsen & Toubro and ICICI Bank were among the major gainers.

Wipro, NTPC, Maruti and Mahindra & Mahindra were among the laggards.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the positive territory.

Wall Street ended with gains on Friday.

The results of the ongoing general elections will be declared on June 4.

Global oil benchmark Brent crude climbed 0.13% to $82.23 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹944.83 crore on Friday, according to exchange data.

On Friday, the BSE benchmark dipped 7.65 points or 0.01% to settle at 75,410.39.

The Nifty breached the 23,000 mark for the first time on Friday. It, however, pared all the gains and ended with a marginal decline of 10.55 points or 0.05% at 22,957.10.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.