Sensex crosses 36,000 mark for the first time, Nifty touches 11,000
Days after it breached the 35,000 mark, the Bombay Stock Exchange (BSE)'s index Sensex on Tuesday touched a record high of 36,040. Nifty too hit a record high of 11,000 mark for the first time.
On Tuesday, Sensex opened at 35,868 and soon afterwards it jumped by 206 points to touch the 36,000 mark. Reliance Industries, Axis Bank, Coal India, IOC and Yes Bank were the major gainers in today's trade.
On January 17, Sensex hit 35,000 for the first time as IT stocks such as Infosys and private lenders such as ICICI Bank rallied amid broader value buying in the market.
The NIFTY 50 index is National Stock Exchange's benchmark broad-based stock market index for the equity market. It represents the weighted average of 50 Indian company stocks in 12 sectors and is one of the two main stock indices used in India.
Sensex is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange. The 30 component companies which are some of the largest and most actively traded stocks are representative of various industrial sectors of the Indian economy.