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Sensex, Nifty Hit Record Highs on September 26, 2024

26 Sep 2024 , 06:04 PM

On September 26, benchmark indices surged to new record highs, driven by sector-wide buying and positive global markets.

The Sensex closed up by 666.25 points (0.78%) at 85,836.12, while the Nifty rose by 211.80 points (0.81%) to reach 26,216. During intraday trading, the Sensex touched a high of 85,930.43, and the Nifty peaked at 26,250.90. The Nifty Bank index also achieved a fresh high of 54,467.35 during the day.

Maruti Suzuki, Tata Motors, Shriram Finance, Grasim Industries, and M&M led the gains on Nifty, while ONGC, Cipla, NTPC, Hero MotoCorp, and L&T saw declines.

Sectors such as metals and auto gained 2%, while FMCG and PSU Bank indices increased by 1% each. The capital goods sector dropped 0.6%.

BSE Midcap index closed flat, and the Smallcap index declined 0.4%. Over 250 stocks hit their 52-week highs on the BSE, including major names like Bajaj Finserv, Bharti Airtel, Hindalco, ITC, UltraTech Cement, Tata Power, Sun Pharma, and Shriram Finance.

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  • Closing Commentary
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