Sensex rocketed to close at 80,351.64 on auto stocks

Stock market: Mumbai Stock Exchange’s (BSE) benchmark Sensex rocketed past a new high of 80,000 on Tuesday, July 9, 2024, on strength in auto sector stocks. In late trade, the BSE Sensex gained 391.26 points, or 0.49 percent, to close at a record high of 80,351.64. Meanwhile, the National Stock Exchange’s (NSE) Nifty also rose 112.65 points, or 0.46 per cent, to hit a fresh high of 24,433.20. Table of contents Maruti Suzuki’s stock was the biggest gainer. Japan’s Nikkei 225 closed at a fresh 41,580.17 points on the losses. Shanghai Composite and Kospi were top gainers. At the close of trade, shares of Maruti Suzuki India closed at Rs 12,820 with a gain of Rs 6.60 or Rs 794.20 per share. Apart from this, the auto sector stocks that saw strong gains were Mahindra & Mahindra, Tata Motors, MRF, TVS Motor, Apollo Tyres, Hero MotoCorp, Ashok Leyland and Eicher Motors. Apart from this, stocks of Aurobindo Pharma, ITC, Alchem ​​Lab, Titan Company, Sun Pharma, Britannia, Dabur India, Vodafone Idea, Cipla, Tata Power, Muthoot Finance, ICICI Bank, Punjab National Bank and SBI are strong. including etc. Bandhan Bank, IRCTC, Hindustan Aeronautics, LIC Finance, Godrej Properties, Nalco, Bata India, L&T Finance, Ambuja Cements, SBI, IDFC were among the decliners in domestic bourse trade. Also Read: SBI Home Loan Interest Rate Raised, Know What Interest Rate? 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. Shanghai Composite and Kospi Among other Asian markets, China’s Shanghai Composite, South Korea’s Kospi and Japan’s Nikkei were in gains. However, Hong Kong’s Hong Seng ended up losing. 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: Sensex crosses 80000 again, Japanese Nikkei also at record high The post Sensex rockets with auto stocks, closes at record high of 80,351.64 appeared first on News.