Stock Market Opening: Sensex crosses 74 thousand, NSE also rises
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This is the first day of the financial year 2024. The domestic stock market has made a great start on the very first day of the new financial year. On the very first day of the trading week and financial year, the Sensex in the stock market had reached the level of 74,101.
On the very first day of the new financial year, the domestic stock market has started with a spectacular growth. According to the information, within 20 minutes of market opening, Sensex and Nifty made a new record. Both the indices reached their all-time high on the very first day of the financial year. The stock market has had a very auspicious beginning in the new financial year. As soon as the stock market opened, Sensex and Nifty reached their all-time high levels. Both of them reached historical level and created a new record.
Domestic indices started the new financial year on a positive note on Monday amid strong trends in Asian markets and inflow of foreign funds. Sensex and Nifty reached their respective all-time highs. The stock markets continued to rise for the third consecutive day. The 30-share BSE Sensex jumped 556.98 points to 74,208.33 in early trade. NSE Nifty rose 192.1 points to 22,519 points. After this, BSE Sensex reached its all-time high of 74,254.62 points and NSE Nifty reached a record peak of 22,529.95.
Among the Sensex listed companies, shares of JSW Steel, Tata Steel, Kotak Mahindra Bank, HDFC Bank, Tata Motors and Larsen & Toubro were the biggest gainers. In Asian markets, South Korea’s Kospi and China’s Shanghai Composite were in profit while Japan’s Nikkei was in loss. American markets closed with mixed trends on Thursday. Global oil benchmark Brent crude futures were trading 0.37 per cent higher at US$87.32 per barrel. According to stock market data, foreign institutional investors (FIIs) bought shares worth a net Rs 188.31 crore on Thursday.
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