On April 8, 2024, the Sensex surged to a record high of 74,658.95 points, while the Nifty hit an unprecedented level of 22,623.90 points at the opening of the markets.
At the market opening, the Sensex started at 74,555.44 points, marking an increase of 307.22 points or 0.41%. Similarly, the Nifty50 index rose to 22,578.35 points, up by 64.65 points or 0.29%.
Top Gainers and Losers:
In the stock market, notable gainers included Tata Steel (+1.96%), Titan (+1.07%), Bajaj Finserv (+0.98%), Axis Bank (+1.12%), JSW Steel (+0.87%), and Power Grid (+0.83%).
Meanwhile, some of the top losers were Nestle (-0.12%), HCL Tech (-0.10%), ICICI Bank (-0.03%), Wipro (-1.08%), and HDFC Bank (-0.14%).
Pre-Opening Market Trends:
During the pre-opening session, Sensex traded positively at 74,555.44 points, marking an increase of 307.22 points or 0.41%. Simultaneously, the Nifty50 index also traded in the green at 22,578.35 points, rising by 64.65 points or 0.29%.
Stocks in Focus:
Wipro Stock: Wipro announced the resignation of CEO Thierry Delaporte, with Srini Pallia appointed as the new Chief Executive Officer and Managing Director.
Titan Stock: Titan reported a 17% year-on-year revenue growth, with CaratLane leading the company’s sales growth at 30%.
Tata Steel Stock: Tata Steel reported a marginal 1.7% increase in production during the March quarter of FY24.
Previous Market Performance:
On April 5, the BSE Sensex closed at 74,248.22 points, up by 20.59 points or 0.03%. The NSE Nifty ended the day at 22,513.70 points.
Additionally, on April 5, the Nifty Bank index, comprising data from 12 banking stocks, gained 432.25 points or 0.90% to close at 48,493.05 points. The Nifty Realty index saw the highest rise, finishing 1.43% higher.
