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Share Market: Sensex crosses 56,000 for the first time, Nifty also at record high, HDFC rises

Share Market: Sensex crosses 56,000 for the first time, Nifty also at record high, HDFC rises

New high in the stock market, Sensex crossed 56,000.

New Delhi:

The domestic stock markets continue to be strong. On Wednesday, August 18, 2021, both the benchmark indices have again touched a new record high. Today the Sensex has reached above 56,000 for the first time. At the same time, Nifty has also opened at a record high. The market got mixed signals from the global markets, but still the market has shown a strong opening. The Sensex opened at 56,026.01 with a gain of 233.74 points or 0.42% in the opening, while the Nifty opened at a record high of 16,672.20 with a jump of 57.60 points or 0.35%.

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With the opening today, HDFC, HDFC Bank, Reliance Industries, Hindustan Unilever and Asian Paints saw the biggest gains. The Reserve Bank of India has removed restrictions related to issuance of credit cards from HDFC Bank, due to which the bank’s stock has gained almost three per cent. In the opening, the shares of the bank were at the rate of Rs 1552.55 per share.

If you look at the overall, after the opening, 1092 shares rose and 699 shares fell.

If we talk about yesterday’s closing, then Sensex-Nifty made a record for the fourth consecutive trading session on Tuesday. Buying in shares of IT, FMCG and pharma companies led the market to rise amid a weak global trend. The Sensex rose to its new all-time high of 55,854.88 points during the day’s trading. Later, the Sensex closed at its new record high of 55,792.27 points with a gain of 209.69 points or 0.38 per cent.

Similarly, the Nifty closed at its new record level of 16,614.60 with a gain of 51.55 points or 0.31 percent. During trading, Nifty also touched its all-time high of 16,628.55 points.

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