The month of August has started today and on the first day of the month the stock market opened with a strong rally. The 30-share Sensex of the Bombay Stock Exchange touched a new high again, while the Nifty-50 of the National Stock Exchange created history by crossing the 25,000 mark for the first time. Amidst this boom in the market, 10 stocks including Maruti Suzuki, Hindalco and Coal India were seen running at a stormy speed.
Sensex reaches new peak
The stock market started on a great note on Thursday, the fourth trading day of the week. The BSE Sensex started trading at 81,977 with a gain of 236 points compared to its previous close of 81,741 and within a few minutes it rose by a strong 379.88 points to reach a new all-time high of 82,121.22.
Nifty broke all records
Just like the Sensex, the NSE Nifty is also seen running at a rocket speed. At 9.15 am, the Nifty opened at 25,030.95, up from its previous close of 24951.15. This is the first time in the history of the stock market that the Nifty-50 has crossed the 25,000 mark.
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1844 shares opened with gains
As soon as the stock market opened, 1844 stocks started trading on the green mark with tremendous growth, while 551 stocks opened with a decline. Apart from this, no change was seen in the status of 134 stocks. Maruti Suzuki, Hindalco, JSW Steel, Coal India and ONGC were among the top gainers on Nifty. On the other hand, shares of Hero MotoCorp, UltraTech Cement, Infosys, Sun Pharma and Asian Paints opened on the red mark.
(Note- Before making any investment in the stock market, please consult your market experts.)