Sensex Hits Record High, Breaches 85,000 Mark; Nifty Nears 26,000

BHUBANESWAR: Benchmark equity indices rebounded strongly on Tuesday after a weak start, with the Sensex crossing the 85,000 mark for the first time ever. The rally, driven by a surge in Asian markets and buying in blue-chip stocks like HDFC Bank, pushed the 30-share BSE Sensex up 123.81 points, reaching a fresh all-time high of 85,052.42.

Similarly, the NSE Nifty climbed 39.85 points to set a new record at 25,978.90, just 21 points shy of the historic 26,000 level.

Among the top gainers from the 30 Sensex firms were Tata Steel, JSW Steel, Power Grid, HDFC Bank, Tata Motors, and Larsen & Toubro, which led the market rebound.

The sharp rally came as Asian markets posted strong gains, boosting investor sentiment and contributing to the market’s recovery from early losses.

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