Stock Market Today: Sensex scales new high; IT, oil & gas stocks rise

Gallery

MORE...

Sports

India Open Competition in Shotgun begins in Jaipur, paving way for Nationals' qualification

India Open Competition in Shotgun, organised by the National Rifle Association of India (N

Hockey India names Amir Ali-led 20-man team for Junior Asia Cup

Harmanpreet Singh named FIH Player of the Year, PR Sreejesh gets best goalkeeper award

World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17

U23 World Wrestling Championship: Chirag Chikkara wins gold as India end campaign with nine medals

FIFA president Infantino confirms at least 9 African teams for the 2026 World Cup

MORE...

Stock Market Today: Sensex scales new high; IT, oil & gas stocks rise

Last Updated : 25 Aug 2021 10:53:18 AM IST

Stock Market Today: Sensex scales new high; IT, oil & gas stocks rise

The Indian stock market continued its bull run on Wednesday with the BSE Sensex climbing to a fresh record high.

The Sensex has touched an all-time high of 56,188.49 points.

Healthy buying was witnessed in IT and oil and gas stocks.

Around 10.05 a.m., Sensex was trading at 56,128.53, higher by 169.55 points or 0.30 per cent from its previous close of 55,958.98.

The Nifty50 on the National Stock Exchange was trading at 16,683.80, higher by 59.20 points or 0.36 per cent from its previous close.

Manish Hathiramani, technical analyst with Deen Dayal Investments said: "The markets are trading well above the 16,600 level which is a positive sign. We should scale higher to levels closer to 16,800-16,850."

"Dips or intra-day corrections can be considered as buying opportunities. 16,400 is a good support for the index and as long as that holds, there is no threat to the current trend," he added.

The top gainers on the Sensex were TCS, HCL Technologies and Nestle India, while the major losers were Titan Company, Bajaj Finserv and Sun Pharmaceuticals.