Sensex breaches historic 85,000-mark, Nifty 26,000 level

Mumbai: The impact of rate cut by the US Fed continues on the D-Street as the benchmark indices touched new record high with BSE Sensex breaching the 85k mark and the

Nifty crossing the 26k level today even as the market ended almost flat compared to previous day.

The BSE Sensex ended at 84,914.94, down 14.57 points but after reaching new record high of 85,163.23 during the intra-day trading. However, the Nifty of National Stock Exchange (NSE) managed to end in green at 25,940.40, up marginally 1.35 points.

The Foreign Institutional Investors (FIIs) continue their buying in the cash segment as they bought equities worth Rs 404 crore while the Domesric Institutional Investors buying equities to the tune of Rs 1023 crore in the last trading session yesterday, according to data available.

After breaching the historic level of 85,000 at the BSE Sensex, profit booking appeared and it finished in negative. It had gained 235 points during the intra day.

The NSE registered days high and low at 26,011.55 and 25,886.85 respectively. The Mid cap rose 0.21% while the Small cap declined 0.04 per cent.

In 30-scrips BSE Sensex, shares of 15 companies advanced and of similar number of companies the shares prices declined compared to previous day’s closing price.

The losers were Hind Unilever by 2.46% to Rs 2953.30, Ultracemco by 1.54% to Rs 11786.75, IndusInd Bank by 1.16% to Rs 1448.40 and Kotak Bank by 1.13% to Rs 1916.70.

The gainers were Tata Steel by 4.32% to Rs 160.60, Powergrid by 2.70% to Rs 350.25, Tech Mahindra by 1.88% to Rs 1638 and HCL Technology by 1.49% to Rs 1778.25.