Sensex Crosses 85,000, Nifty Reaches Lifetime Peak

The Indian stock markets reached new all-time highs as the Sensex crossed the 85,000 mark for the first time, and the Nifty touched fresh lifetime highs. Positive cues from global markets fueled this rally.

On Tuesday, the markets opened in the red but gradually gained momentum. Support from energy, banking, and auto sectors, along with optimistic global market trends, pushed the Sensex past the 85,000 mark. At 10:05 AM, the Bombay Stock Exchange (BSE) Sensex was up by 80.74 points at 85,009.35, while the National Stock Exchange (NSE) Nifty50 was trading at 25,968.20, up by 29.15 points.

In just three days, investors gained over Rs 8 trillion, with the market capitalization of BSE-listed companies reaching Rs 476.03 trillion.