Nifty breaches 23,000-mark for first time, Sensex hits new all-time high - Hindustan Times
close_game
close_game

Nifty breaches 23,000-mark for first time, Sensex hits new all-time high

By | Edited by Mallika Soni
May 24, 2024 10:11 AM IST

Stock market today: The 30-share BSE Sensex rose 164 points to hit its all-time high of 75,582 and NSE Nifty went up by 36 points to breach the 23,000 mark.

Stock market today: Benchmark equity indices Sensex and Nifty hit fresh all-time peaks today (May 24) as investors' sentiment remained buoyant ahead of Lok Sabha election and fresh foreign fund inflows were seen. The 30-share BSE Sensex rose 164 points to hit its all-time high of 75,582 and NSE Nifty went up by 36 points to breach the 23,000 mark for the first time ever.

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)

Sensex top gainers and losers today

Read more: Mamaearth's Ghazal Alagh thanks PM Modi: ‘Aapke aashirvaad aur sarkaar ke support se…’

Bajaj Finance, Larsen & Toubro, Tata Steel, State Bank of India, HDFC Bank and Bharti Airtel were the major gainers at the Sensex while Mahindra & Mahindra, Tata Consultancy Services, Maruti and JSW Steel were among the laggards.

Now catch your favourite game on Crickit. Anytime Anywhere. Find out how

What about global markets?

Foreign Institutional Investors (FIIs) turned buyers after days of offloading equities and bought equities worth 4,670.95 crore on Thursday. Meanwhile, Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower and Wall Street ended in negative territory. Global oil benchmark Brent crude climbed 0.05 per cent to USD 81.40 a barrel.

Read more: GSM Foils IPO opens for subscription today: Dates, price band and other details

How Nifty and Sensex performed on May 23?

Sensex and Nifty zoomed more than 1.6 per cent to close at lifetime high levels on Thursday as BSE Sensex regained the 75,000 level, up by 1,196.98 points or 1.61 per cent. NSE Nifty inched closer to the 23,000 mark as it went up by 369.85 points or 1.64 per cent to 22,967.65 on May 23.

Read more: Sam Altman wants ex employees to freely speak against OpenAI: ‘We're sorry’

Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd said, “Yesterday, Nifty neared the 23,000 mark, driven by investor optimism about the current regime's continuation in the upcoming general elections.”

Elevate your career with VIT’s MBA programme that has been designed by its acclaimed faculty & stands out as a beacon for working professionals. Explore now!

See more

Get latest updates on Petrol Price along with Gold Rate , Today Weather and Budget 2024 at Hindustan Times.

SHARE THIS ARTICLE ON
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Monday, June 17, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On