Stock market sentiment high: Sensex crosses 57000 for the first time, Nifty also bounces

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Mumbai, Ta. Tuesday 31st August 2021

The Indian stock market opened at a record high this morning. The BSE Sensex opened 106 points higher at 56,995.15 today. At around 9.24 am, the Sensex jumped 235 points to 57,124.78, its record level so far. However later the market came to the red mark. The market continues to fluctuate.

Similarly, the Nifty of National Stock Exchange (NSE) opened 16 points higher at 16,947.50. The Nifty rose 16 points to 16,995.55 in the morning. The IT index rose 1%. MMCG and pharma stocks also saw gains.

IT stocks are seeing strong movement. The Nifty IT index hit a new high with a 13% jump in August. Shares of TCS, HCL TECH, L&T INFOTECH and COFORGE have reached ALL TIME HIGH.

The Indian stock market was abuzz on Monday, the first day of the week. The BSE Sensex and NSE Nifty set a new record. The BSE Sensex opened 205 points higher at 565329.2 and around 3.18 pm, the Sensex rose 834 points to 56,958.27.

Similarly, the Nifty of National Stock Exchange (NSE) opened 70 points higher at 16,775.85 and touched a record high of 16,951.50 with a gain of 245 points around 3.18 pm. The Nifty closed at 16,931.05, up 225.85 points at the end of trading.

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