India's benchmark equity index S&P BSE Sensex crossed the 60,000-mark milestone during Friday's (24 September) early morning trade session. The Nifty too touched a record intra-day high of 17,927.20 points.
Accordingly, the 30-scrip sensitive index traded at 60,166.69 points at 9.15 am just after the pre-open session.
The Sensex opened at 60,158.76 points from its previous close of 59,885.36 points.
The broader NSE Nifty50 traded above the 17,900-mark. It opened at 17,897.45 points from its previous close of 17,822.95 points.
BSE-Sensex index took merely 161 trading sessions to make the journey from 50,000 points to 60,000 points, the fastest pace ever for a 10,000-point move on the index. Prior to this, the index had taken on average 931 sessions for a 10,000-point move, reports Economic Times.
According to the ET report, the biggest contribution to the Sensex’s 20 per cent gains from the 50,000 points mark has come from Infosys (up 30 per cent), Reliance Industries (up 19 per cent), ICICI Bank (up 30 per cent) and Bharti Airtel (up 25 per cent).
(With inputs from IANS)
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.