Tag: positive global market setup

MARKET UPDATE:BSE Sensex valued past the 58,000 for the first time and Nifty hit a new peak of 17,300

Friday, September 3, 2021
The Indian benchmark indices, led by a positive global market setup, hit new record highs at opening tick today(3rd September 2021). The BSE Sensex valued past the 58,000 marks for the first time. It rose 200 points to 58,081. Meanwhile, NSE Nifty also hit a new peak of 17,300, up 55 points. Kotak Bank, Titan, RIL, and IndusInd Bank were the top gainers in the 30-pack index while HCL Tech, TCS, Nestle India, and Maruti were the top losers. Broader market indices rose in tandem with the benchmark. BSE Midcap and Smallcap were up between 0.4-0.5 percent. Globally, the S&P 500 and Nasdaq eked out record finishes on Thursday, while the Dow also posted a modest gain after data showed the number of Americans filing new claims for jobless benefits fell to the lowest since March 2020. The Dow Jones Industrial Average rose 0.37 percent, the S&P 500 gained 0.28 percent, and the Nasdaq Composite added 0.14 percent. Read more