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Sensex Breaches 81,000 Mark, Nifty Scales 24,800 Peak On IT, FMCG Gains

Sensex Breaches 81,000 Mark, Nifty Scales 24,800 Peak On IT, FMCG Gains

NDTV
Thursday, July 18, 2024 11:42:59 AM UTC

Rebounding from its early lows, the 30-share BSE Sensex rose by 626.91 points or 0.78 per cent to settle at a fresh closing high of 81,343.46. The index opened on a weak note and hit a low of 80,390.37 points in early trade.

Stock markets remained on record-smashing course for the fourth straight day on Thursday with benchmark Sensex breaching the 81,000 mark for the first time and Nifty scaling the record 24,800 level driven by buying in IT, oil&gas and FMCG shares.

Rebounding from its early lows, the 30-share BSE Sensex rose by 626.91 points or 0.78 per cent to settle at a fresh closing high of 81,343.46. The index opened on a weak note and hit a low of 80,390.37 points in early trade.

However buying in IT shares TCS, Infosys and Tech Mahindra and index heavyweight Reliance Industries helped the index pare losses in the afternoon session. The barometer surged 806 points or 0.99 per cent to hit a new record intra-day peak of 81,522.55.

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