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Sensex crosses 80,000 mark for first time, Nifty surges above 24,250

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BSE Sensex touches the 80,000 mark for the first time

BSE Sensex touches the 80,000 mark for the first time, trading at all-time high. This as all 13 major sectors logged gains. The rise in HDFC Bank powered banks, financials and private banks 1.3%-1.5% higher.


It is learnt that Indian stock market hit record highs due to the fact that HDFC Bank surged on back on news of a likely increase in its weightage in a key global index. The NSE Nifty 50 was up 0.7% at 24,291.75 points, while BSE Sensex added 0.72% to 80,013.77 points, as of 9:15 a.m.

This marks the first time that the 30-stock Sensex has crossed the 80,000 mark.

Meanwhile, the Indian rupee depreciated 5 paise to 83.53 against the US dollar in early trade weighed down by the strong American currency and elevated crude oil prices. At the interbank foreign exchange market, the rupee opened at 83.51.