Stock Market Closing: Stock market closes at historic high, Sensex crosses 72,000 for first time

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The Indian stock market witnessed a strong rally today, with all major market indices closing at historic highs. The Sensex managed to cross the 72,000 mark while the Nifty touched a new high of 21,675 points. Bank Nifty has also managed to touch new highs. At the end of today's trade, the BSE Sensex closed up 701 points at 72,038 and the NSE Nifty closed at 21,647 points up 206 points.

Present in the sector

In today's trade, banking stocks rallied by over 600 points on buying and Bank Nifty touched a new high of 48,347. The Bank Nifty rose 1.17 percent or 557 points to close at 48,282 points. Apart from this, the stocks of auto, IT, metals infra, consumer durables, healthcare sectors have seen a surge. While, oil and gas, energy sector stocks continued to decline. Mid-cap and small-cap stocks have seen gains in today's trade as well. Out of 30 Sensex shares, 27 closed higher and 3 closed lower. While 40 out of 50 shares of Nifty closed with gains and 10 with declines.

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