![Market at new high: Sensex hits 80,000 mark, Nifty crosses 24,300](https://images.assettype.com/fortuneindia%2F2022-01%2F5682349c-99ba-40c3-8de3-36799d8eeebf%2FMKT_020A6528_copy.jpg?w=300&q=95)
Market at new high: Sensex hits 80,000 mark, Nifty crosses 24,300
Sensex journey from 70,000 to 80,000 levels has been significantly fast, covering 10,000 points in less than seven months, precisely 138 trading sessions, which is the fastest ever.
Sensex journey from 70,000 to 80,000 levels has been significantly fast, covering 10,000 points in less than seven months, precisely 138 trading sessions, which is the fastest ever.
The rally in Bank NIFTY was in line with benchmark indices, with the BSE Sensex and NSE Nifty touching their respective new highs today.
Market experts expect India VIX, also known as the fear index, to further come down to 11-13 level in the coming days.
Cash segment or delivery of shares is just 0.4% of the overall transactions. It is in 99.6% of trades under F&O where actual profit and loss on June 3 and 4 would reveal the real picture.
In a similar trend, the Nifty50 climbed 409 points, or 1.8%, to 23,230 mark after the RBI kept key repo rates unchanged for the eighth time in a row at 6.5%.
Equity benchmark the BSE Sensex fell 6.8% as of 12:15 pm while the Nifty 50 Index was down as much as 7%.
Sensex, Nifty fall as Adani Group stocks crash during early trends of Lok Sabha poll results
Driven by strong rally, the market capitalisation of all listed companies on BSE jumped by over ₹11 lakh crore to ₹423.21 lakh crore.
The equity market sentiment is likely to be boosted by exit polls results, strong Q4 GDP growth rate, and May GST collection numbers.
The m-Cap of all BSE-listed companies touched $5 trillion for the first time in intraday trade, rising from $4 trillion in just six months.