Mumbai: BSE Sensex for the first time surpassed 85,000-mark in the early hours of trade on Tuesday (September 24). Meanwhile, Nifty 50 was hovering around 26,000-level.
The Indian benchmark indices continue their upward momentum after the significant rate cut by the US Federal Reserve last week.
On Tuesday morning, the 30-share Sensex hit a milestone of 85,023 while Nifty hit a fresh high of 25,971.
At 10:21 am, Sensex was trading at 85,006.61, up 78.00 points or 0.092 per cent, while Nifty was at 25,964.25, up 25.20 points or 0.097 per cent.
Sensex crossing 85,000-mark comes mere four days after it surpassed the 84,000-mark. On September 12, it breached the 83,000-mark. The record run from 80,000 till 85,000 points happened in less than 12 weeks.
On Tuesday, the biggest gainers among Sensex pack were Tata Steel, JSW Steel and Powergrid, while the losers included Hindustan Unilever, Infosys and Bajaj Finance.
BSE Metal index up 2 per cent, oil and gas, power were up 0.5 per cent each. However, IT index down 0.5 per cent.
In Nifty, top gainers included Tata Steel, Hindalco Industries, JSW Steel, Power Grid Corp and Adani Enterprises, while top losers were HUL, Bajaj Finance, Infosys, Divis Labs and HDFC Life.
