Mumbai : The Indian markets gained to a historic high on Wednesday with Sensex breaching the 80,000 mark for the first time.
By the close of the trading session, both the indices achieved new 52-week highs. The Sensex closed at an all-time high of 79,986.80 points, very near to the 80,000 milestone.
Meanwhile, the Nifty 50 index also sustained its upward momentum, finishing at 24,286.50 points, marking its highest closing level to date.
The broader market on the National Stock Exchange mirrored this bullish trend, with all indices closing with gains on Wednesday.
Among the sectoral indices, Nifty Media was the only exception, as all other sectors supported the rally and ended the day in positive territory.
Leading the gains on the Sensex were the shares of HDFC Bank, which hit a new high of Rs 1,794. This was followed by impressive performances from Kotak Bank, Bajaj Finance, Bajaj Finserv, and M&M.
However, not all stocks rode the wave of optimism; Tech Mahindra, TCS, Sun Pharma, Infosys, and Bharti Airtel were among the top losers. On the NSE, Britannia, ICICI Bank, and Axis Bank emerged as the top performers, contributing significantly to the day’s gains. In contrast, Tata Motors and Ultratech Cement faced losses, making them the laggards on a day otherwise dominated by positive sentiment.