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Live: Sensex races past 80,000; HDFC Bank powers Bank Nifty to all-time high | Closing Bell

The Sensex achieved its fastest 10,000-point rally in just 139 days. The Nifty index hit a new high, surpassing 24,300 in intra-day trading. Leading sectors included banks, public sector banks (PSU banks), and metals. The top contributors to the Nifty's performance were HDFC Bank, Axis Bank, ICICI Bank, and SBI. Conversely, Reliance Industries (RIL), Tata Consultancy Services (TCS), Titan, and Tata Motors were among the negative contributors. The Nifty Bank index climbed well above 53,000, reaching a new high driven by HDFC Bank. Overall, the broader markets remained strong, with the NSE advance-decline ratio at 2:1, indicating a healthy market breadth. Catch Closing Bell with Nandita Khemka and Jay Thakkar of ICICI Securities.

first published: Jul 3, 2024 03:37 pm