The month of August has started from today and the stock market opened with strong momentum on the first day of the month. Bombay Stock Exchange’s 30-share Sensex again touched a new high level, while National Stock Exchange’s Nifty-50 created history and crossed 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 pace.
Sensex reaches new peak
The stock market started on a good note on Thursday, the fourth trading day of the week. BSE Sensex started trading at the level of 81,977 with a gain of 236 points compared to its previous close of 81,741 and within a few minutes it reached a new all-time high of 82,121.22 with a strong jump of 379.88 points.
Nifty broke all records
Like Sensex, NSE Nifty also seems to be running at the speed of rocket. At 9.15 am, Nifty opened at 25,030.95, rising from its previous closing level of 24951.15. This is the first time in the history of the stock market that Nifty-50 has crossed the 25,000 mark.
1844 shares opened with gains
As soon as the stock market opened, 1844 shares started trading on the green mark with tremendous growth, while there were 551 shares which opened with a decline. Apart from this, no change was seen in the position of 134 shares. Maruti Suzuki, Hindalco, JSW Steel, Coal India and ONGC were among the biggest gainers on Nifty. On the other hand, shares of Hero MotoCorp, UltraTech Cement, Infosys, Sun Pharma and Asian Paints opened in the red.
(Note- Before making any investment in the stock market, definitely take advice from your market experts.)