Markets Today: Sensex and Nifty Hit Record Highs as Stock Market Shows Resilience
Market Performance Report
Benchmark indices BSE Sensex and NSE Nifty50 reversed early losses and reached new heights during Wednesday's trading session, concluding at record-high closing levels. The Sensex soared by 255.83 points (0.30%) to settle at 85,169.87, achieving an intraday high of 85,247.42.
Similarly, Nifty50 hit an all-time peak of 26,032.80 before finishing the session with a gain of 63.75 points (0.25%) at 26,004.15. Notably, 30 out of the 50 constituent stocks on Nifty50 ended higher, with Power Grid Corporation, Axis Bank, and NTPC leading advancements of up to 4.04%.
In contrast, several stocks faced losses, headed by LTIMindtree and Tech Mahindra, down by as much as 3.69%. Broader indices showed a decline, with Nifty Midcap 100 and Nifty Smallcap 100 down by 0.63% and 0.42%, respectively.
Sectoral Index Movements
- Fear Index (India VIX): Down 7.37% to 12.41
- Media Stocks: Nifty Media Index climbed 2.94%
- Bank Nifty, Financial Services, Metal, Pharma, Private Bank, and Realty indices ended higher.
- PSU Bank, IT, FMCG, and Auto indices closed in the red.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.