Historic day for Indian stock market, Nifty closes above 25,000 for first time

Updated: Aug 1st, 2024

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Source: IANS

Indian frontline indices closed at a record high today due to positive sentiment in the market. 

At closing, Sensex ended at 81,867, up 126 points or 0.15% and Nifty was up 59 points or 0.24% at 25,010. It was the first time in the Indian stock market history that the Nifty closed above 25,000.

In morning trade, both main indices, Sensex and Nifty, made a new lifetime high of 82,129 and 25,078 respectively.

However, selling was seen in the smallcap and midcap stocks. The Nifty Midcap 100 index closed at 58,490, down 500 points or 0.85%, and the Nifty smallcap 100 index closed at 18,949, down 187 points or 0.98%. 

In the Sensex pack, Power Grid, NTPC, HDFC Bank, Nestle, Maruti Suzuki, Reliance, Bharti Airtel, JSW Steel and UltraTech Cement were the top gainers. M&M, Tata Steel, Bajaj Finserv, SBI, L&T and Tata Motors were the top losers.

The India VIX, reflecting market volatility, dipped by 2.42% to close at 12.9300.

(This story was taken from a syndicated feed, and edited only for style by Gujarat Samachar Digital staff)

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