The Sensex crossed 80000 again and the Japanese Nikkei also hit a record high

Stock market: India's BSE Sensex and Japan's Nikkei 225 saw strong gains in Asia's two major indices. In intraday trade on Tuesday afternoon, the BSE Sensex once again crossed the 80000 mark, while the Japanese index Nikkei 225 crossed the 41000 mark. Indian equity markets rallied on Tuesday, with the NSE Nifty hitting a fresh all-time high during afternoon trade. Sensex closes at 80,288.92 BSE's 30-share index Sensex rose 328.54 points to 80,288.92. The NSE Nifty gained 83.45 points to hit a new record high of 24,404 points. Among Sensex-listed companies, shares of ITC, Mahindra & Mahindra, Titan, State Bank of India, Larsen & Toubro and Tata Motors rose more than six percent. Reliance Industries, Kotak Mahindra Bank, JSW Steel and Tech Mahindra suffered losses. Japan's Nikkei 225 ended Tuesday at a new record high of 41,580.17 points. The Nikkei 225 hit a record high last week. Foreign and domestic investors have poured heavily into the Japanese market in recent months, even as the economy remains sluggish. Investors turned to the Japanese market after the yen weakened and traded at a 34-year low against the dollar. Due to the weak yen, exporters' profits increase. Also Read: Scissors out of the pan in Kolkata, Shanghai Composite, Hong Kong and Kospi also in gains, China's Shanghai Composite, Hong Kong's Hong Kong, South Korea's Kospi and Japan's Nikkei. Profit. US markets ended on a positive note on Monday. Brent crude futures, the global oil benchmark, were down 0.03 percent to trade at US$85.72 a barrel. Foreign institutional investors (FIIs) were buyers in the capital market on Monday, buying shares worth a net Rs 60.98 crore, according to Indian stock market data. Also Read: SBI Home Loan Interest Rate Raised, Know What Interest Rate? The post Sensex crosses 80000 again, Japanese Nikkei also at record high appeared first on Prabhat Khabar.