Share Market Today: Sensex Crosses All-Time High Of 85,000; Nifty Around 26,000. Metal Stocks Rise

Share Market Today: On the 30-share Sensex platform, Tata Steel, PowerGrid, JSW Steel, Nestle, HDFC Bank, M&M emerged gainers

Share Market Today: In the broader markets, the BSE Midcap and BSE Smallcap each gained around 0.2 per cent.

Source : ABPLIVE AI

Share market today: The two key equity benchmarks, Sensex and Nifty, on Tuesday climbed to their fresh all-time highs amid volatility, tracking by the record overnight close on Wall Street. At 10.35 am, the BSE Sensex gained 83 points to a new high of 85,011. On the other hand, the NSE Nifty50 was trading at 25,972, rising 34 points.

Stock update

On the 30-share Sensex platform, Tata Steel, PowerGrid, JSW Steel, Nestle, HDFC Bank, M&M emerged gainers. On the down side, HUL, Infosys, Kotak Bank, Bajaj Finance, Axis Bank, UltraCemco are among the losers.

In the broader markets, the BSE Midcap and BSE Smallcap each gained around 0.2 per cent.

Sectoral update

Sectorwise, Nifty Bank, Financial Services, FMCG, IT, Consumer Durables and Oil & Gas, were trading in the red, while Metal index advanced 1.58 per cent.

In the previous session on Monday, the BSE Sensex gained 384 points to close at 84,928, while the NSE Nifty 50 touched an all-time high of 25,956, before closing 148 points higher at 25,939.

Global update

In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong were trading in the positive territory. The US markets ended higher on Monday.

Foreign Institutional Investors (FIIs) bought equities worth Rs 404.42 crore on Monday, according to exchange data.

Global oil benchmark Brent crude climbed 0.89 per cent to $74.56 a barrel.

Rupee sees range-bound trade 

The Indian rupee witnessed range-bound trade in the morning session on Tuesday and depreciated 3 paise to 83.57 against the US dollar, amid a muted trend in domestic equities and rising crude oil prices. Forex traders said the rupee continues to hold steady within a well-defined range on active intervention by the Reserve Bank of India (RBI).

At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at 83.54 against the American currency, then fell to 83.57, registering a fall of 3 paise over its previous close. On Monday, the rupee pared its early gains to close lower by 2 paise at 83.54 against the US currency.