Sensex & Nifty Hit Record High; Indian Markets Bloom In Green

The Indian marquee indices, the BSE Sensex and the NSE Nifty, have hit lifetime highs, extending the gains, going past their previous bests.

Markets Reach All-Time High

While the global markets struggle with turbulence and anxiety, facilitating between green and red. The Indian market appears to be on the greener side.

At the time of writing, in the early hours of the day's trade on Friday, August 30, which would also mark the last trading day of the week and also, most importantly, the month of August, the indices are making tangible progress.

The BSE Sensex crossed the coveted 82K mark. The NSE Nifty also surged further ahead and went beyond the 25K mark again. At 10:03 IST, Sensex gained 267.64 points or 0.33 per cent, climbing to 82,402.25 points, breaking the record in the first hours of trade itself.

The NSE Nifty also made gains, as the index surged to 25,220.25, increasing in value by 68.30 points or 0.27 per cent.

The banking index, Nifty Bank, also crossed the 51K mark, jumping to 51,343.80, upping itself by 191.05 points or 0.37 per cent.

Major Gainers and Losers

When we look at the major gainers and losers at this hour of the day's trade. Bharti Airtel led the major stocks with a gain of 1.47 per cent. It was followed by Power Grid, which gained 1.43 per cent in value. Tata Steel, JSW Steel and TCS gained under 1 per cent.

Amongst the losers, there was another Tata name in the list. Tata Motors was in red, in the early hours of trading. Reliance, after rallying yesterday, was trading at a loss of under 0.50 per cent. L&T, Adani Ports and ITC also traded in red, with losses of under 0.50 per cent.