New Delhi. The Indian stock market once again touched a historic high today, but closed with some decline from the upper level. The Bombay Stock Exchange (BSE) Sensex today closed at 84,914.04 with a slight decline of 14.57 points, while the National Stock Exchange (NSE) Nifty closed at 25,940.40 with a slight increase of 1.35 points. These figures clearly reflect the current strength of the Indian stock market and this time is indicating the beginning of a golden period for the stock market.
The stock market made a record high
Today at 3 pm, the Indian stock market created a new history. Nifty crossed the 26,000 level for the first time and traveled from 25,000 to 26,000 during 37 trading sessions. Nifty touched a record level of 26,011.55, while Nifty Bank also reached its lifetime high. Sensex also touched its all-time high around 3 pm, which shows the great boom in the stock market.
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Bank Nifty touched a new lifetime high
The BSE Sensex today touched a new record level of 85,163.23, which is its highest level ever. Similarly, the Bank Nifty has also given strength to the new boom in the stock market by touching a new lifetime high of 54,247.70.
Condition of Sensex shares
Out of the 30 stocks of BSE Sensex, 14 stocks witnessed a rise today, while 16 stocks witnessed a decline. The market was buzzing due to the spectacular rise in metal stocks.
Market Capitalization of BSE
The market capitalization of BSE today reached Rs 476.01 lakh crore, slightly lower than yesterday’s level of Rs 476.17 lakh crore. However, no major decline has been seen in it.
AstraZeneca Pharma shares jump 12%
AstraZeneca Pharma’s shares saw a strong rally of 12% today. After the company got approval to launch cancer drug in India, its shares rose by 11.23% and its price reached Rs 7506.
Metal stocks surged sharply
India’s metal stocks saw a strong surge after the news of reduction in RRR in China. The metal index closed well due to the rise in metal stocks like Tata Steel, NMDC and Hindalco.