HomeBUSINESSBSE Sensex Achieves Historic Milestone, Surges Past 71,000 Mark

BSE Sensex Achieves Historic Milestone, Surges Past 71,000 Mark

In a historic development, the BSE Sensex crossed the 71,000 mark for the first time, reaching an all-time high of 71,084.08 during morning trade on Friday. The 30-share BSE Sensex surged 569.88 points, with major gainers including Infosys, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Wipro, and JSW Steel. The market capitalization (mcap) of BSE-listed firms also reached a record high of ₹357 lakh crore in early trade on Friday.

The achievement comes amid positive momentum in Asian markets, with gains observed in Seoul, Tokyo, Shanghai, and Hong Kong. The US markets also ended higher on Thursday. This milestone follows the Sensex surpassing the 70,000 level for the first time in early trade on Monday.

The Sensex, launched on January 2, 1986, comprises 30 stocks representing the Indian stock market and serves as a crucial indicator of India’s financial health. The index has witnessed a significant jump of around 12,400 points in the eight months since the end of March, marking a substantial recovery from the level of 57,5271 during that period. In late November, the broader Nifty 50 also touched 20,000 for the first time.

Read Now:Delhi Shivers as Mercury Plummets to Season’s Lowest; Air Quality Deteriorates to ‘Very Unhealthy’ Levels

[responsivevoice_button buttontext="Listen This Post" voice="Hindi Female"]

LEAVE A REPLY

Please enter your comment!
Please enter your name here

RELATED ARTICLES

Trending News

India and France Unite to Tackle Maritime Threats in Indian Ocean

In a significant move to bolster maritime security, India and France have agreed to jointly assess and address threats...

Excessive Fertiliser Use is Killing Bees and Flowers, Landmark Study Reveals

A groundbreaking study from the world’s longest-running ecological experiment, the Park Grass Experiment in Rothamsted, England, has revealed a...

New Delhi World Book Fair 2025: A Grand Literary Celebration from February 1 to 9

New Delhi is set to host a spectacular literary event as the New Delhi World Book Fair 2025 unfolds...

Heat Exhaustion vs. Heat Stroke: One Can Turn Deadly

As global temperatures rise heat-related illnesses such as heat exhaustion and heat stroke are becoming more common. While they...