Stock market snaps 3 days fall; FMCG, banks gain
At close, the Sensex was up 375.61 points or 0.46% at 81,559.54, and the Nifty was up 84.20 points or 0.34% at 24,936.40.
At close, the Sensex was up 375.61 points or 0.46% at 81,559.54, and the Nifty was up 84.20 points or 0.34% at 24,936.40.
At close, the Sensex was up 13.65 points or 0.02% at 81,711.76, while the Nifty was up 7.20 points or 0.03% at 25,017.80.
Nifty and Sensex settle in the green, recording gains for the fifth consecutive session.
The market opened marginally lower and extended the losses as the day progressed, dragging Nifty near 24,100 and Sensex below 79,000 amid selling across the sectors.
India VIX, also known for assessing market anxiety, eased nearly 14% to just above 16.
Sensex crossed 81,000 points for the first time to set a new record of 81,203 while Nifty 50 crossed 24,700 for the first time to hit a new all-time high of 24,746.
Buying was seen in select heavyweight stocks helping the market move upwards.
The overall market capitalisation of the firms listed on the BSE rose to nearly ₹455.1 lakh crore from nearly ₹452.4 lakh crore in the previous session.
The index created a fresh all-time high of 77,851.63, as investors piled onto banking stocks.
The index missed its all-time high level of 77,079.04 by just 29 points which it hit on June 10.