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  5. SENSEX hits record high, breaches 84,100 mark; NIFTY jumps over 250 pts

Market News

SENSEX hits record high, breaches 84,100 mark; NIFTY jumps over 250 pts

Upstox
By Upstox News Desk

2 min read | Updated on September 20, 2024, 12:59 IST

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SUMMARY

The S&P BSE SENSEX breached the 84,000 mark to hit an all-time high of 84,159.90 during the trade. Last seen, the index was trading 782 points, or 0.94% higher at 83,966.41 levels. The NSE's NIFTY50 index was trading at 25,636.20, up 220 points, or 0.87%.

Stock list

JSWSTEEL
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ITDCEM
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IIFL
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The top gainers on the NSE were M&M, JSW Steel, Coal India, Maruti and Eicher Motors.

The top gainers on the NSE were M&M, JSW Steel, Coal India, Maruti and Eicher Motors.

Market at record high: After a brief consolidation, the equity benchmark indices resumed their rally and hit fresh record highs in the morning trade on Friday, September 20. 

The S&P BSE SENSEX breached the 84,000 mark to hit an all-time high of 84,159.90 during the trade. Last seen, the index was trading 782 points, or 0.94% higher at 83,966.41 levels. 

The NSE's NIFTY50 index was trading at 25,636.20, up 220 points, or 0.87%.

The top gainers on the NSE were M&M, JSW Steel, Coal India, Maruti and Eicher Motors. The top losers on the index were Grasim Industries, Cipla, TCS, NTPC, and Axis Bank.

Buzzing stocks

Shares of Reliance Infrastructure jumped as much as 12.37% to hit their 52-week high of ₹320 apiece on the BSE on Friday, September 20, a day after the company said its board of directors approved raising of ₹3,014 crore by preferential issue of up to 12.56 crore equity shares.

Shares of Vodafone Idea continued its downward journey on Friday, September 20, a day after the Supreme Court of India rejected the telcos' plea on re-computation of adjusted gross revenues (AGRs). 

Shares of ITD Cementation surged 17% to ₹552 apiece on the NSE after reports of Adani Group’s plan to acquire the promoter’s stake in the company. The Adani Group is likely to acquire 46.64% stake in ITD Cementation India through Adani Enterprises Ltd (AEL) for ₹5,888.57 crore, according to a report by the Economic Times.

The company plans to enhance its civil engineering capabilities, the report mentioned, citing sources privy to the matter.

In Asian markets, Seoul, Tokyo and Hong Kong were trading in the green while Shanghai traded lower.

The US markets ended remarkably higher on Thursday.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,547.53 crore on Thursday, according to exchange data.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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