Stock Market Today, Sensex Nifty Live Updates (July 3): The Sensex hit the historic 80,000-mark in early trade on Wednesday while the Nifty, too, reached its lifetime high.
The NSE Nifty 50 was up 0.7% at 24,291.75 points, while the S&P BSE Sensex added 0.72% to 80,013.77 points. This is the first time that the 30-stock Sensex has crossed the 80,000 mark.
This comes with a week of the Sensex going past the 79,000-mark last Thursday.
The rise was led by the country’s top private lender HDFC Bank, which jumped to a record high on hopes of a likely increase in its weightage in a key global index. HDFC Bank rose 3.5% at the open, leading Nifty 50 gains.
Besides HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, IndusInd Bank, Bharti Airtel and Nestle were the biggest gainers. Tata Consultancy Services, Sun Pharma, Infosys and Tata Motors were among the laggards.
In Asian markets, Seoul, Tokyo and Hong Kong were trading in the positive territory while Shanghai quoted lower. US markets ended higher on Tuesday.
The BSE benchmark declined 34.74 points or 0.04 per cent to settle at 79,441.45 in a volatile trade on Tuesday. During the day, it jumped 379.68 points or 0.47 per cent to hit a record peak of 79,855.87.
(With inputs from PTI)