Share Market: The domestic stock market set a new record, crossing 84 thousand.
Share Market All Time High: Sensex and Nifty had recorded new high levels a day earlier, but later fell prey to profit booking at higher levels.
The domestic stock market today on Friday set a new all-time high for the second consecutive day. After a slightly sluggish start to trading, a massive rally was recorded in the market within a short time and the BSE Sensex crossed 84 thousand points for the first time in history.
The morning had a slow start
The domestic market started trading today with a slight increase and pressure was visible on the market in the initial session. At 9:15 am, the Sensex opened with a gain of 350 points and the Nifty with a gain of about 100 points. A few minutes later at 9:20 am, the Sensex's gain had come down to 175 points and it was trading near 83,370 points. However, later during the trading, the market made a great comeback.
New record of Sensex and Nifty
At 11 am, the Sensex was trading at 83,985.07 points with a spectacular gain of more than 816 points (about 1 percent). Earlier, the Sensex reached 84,026.85 points at one point in the intraday. This is the first time in the history of the Sensex that it has crossed the 84 thousand points mark. Similarly, after touching a high of 25,663.45 points, the Nifty was trading at 25,645 points at 11 am with a gain of about 225 points (0.90 percent).
The record was made a day earlier too
Earlier on Thursday also, the domestic market had recorded a new high level. In yesterday's trading, the Sensex touched a new all-time high level of 83,773.61 points and the Nifty touched a new all-time high level of 25,611.95 points. Later, the market came down a bit due to profit booking at higher levels. After the end of trading, the Sensex closed at 83,184.80 points with a gain of 236.57 points (0.29 percent) and the Nifty50 closed at 25,415.95 points with a gain of 38.25 points (0.15 percent).