September 12, 2024
New Delhi, India
Stock Market Today
On Thursday, September 12, 2024, Indian equity markets soared to record highs, driven by positive global cues and strong buying across all sectors. The BSE Sensex surged 1,439.55 points or 1.77% to close at 82,962.71, while the NSE Nifty50 climbed 470.45 points or 1.89% to settle at 25,388.90.
Key Market Highlights:
- Sensex and Nifty Performance:
- BSE Sensex: Closed at 82,962.71, up 1,439.55 points or 1.77%, reaching an intra-day high of 83,116.19.
- NSE Nifty50: Ended at 25,388.90, up 470.45 points or 1.89%, with an intra-day high of 25,433.35.
- Sectoral Gains:
- All sectoral indices ended in the green.
- Top Gainers: Metal, automobile, capital goods, technology, and power sectors surged between 2% and 4%.
- Top Performing Stocks:
- Hindalco Industries: +4.15%.
- Bharti Airtel: +4.00%.
- NTPC: Significant gains among the top performers.
- All Nifty 50 stocks ended in green, except Nestle India.
- Broader Market Indicators:
- Bank Nifty: Rose by 762.40 points or 1.49% to close at 51,772.40.
- The broader indices showed positive sentiment, with strong performance from large-cap and mid-cap stocks.
- Market Breadth:
- Advances vs. Declines: On the BSE, 2,228 stocks advanced, 1,564 declined, and 103 remained unchanged.
- Investor Sentiment:
- Positive global cues and optimism around economic recovery fueled buying interest across all sectors, driving the markets to new highs.
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