Sensex Soars Past 80,000 Landmark in Intraday Trade

In a historic moment for Indian equities, the BSE Sensex breached the significant 80,000 mark for the very first time during intraday trade on July 3rd, 2024. This milestone achievement reflects the ongoing bullish run in the Indian stock market, fueled by positive economic indicators and strong investor sentiment.

The rally was driven by a surge in heavyweight stocks, particularly HDFC Bank, whose shares reached an all-time high. The broader Nifty 50 index also witnessed a significant rise, reaching a fresh record high. Analysts attribute this uptrend to a combination of factors, including expectations of policy stability, robust economic growth forecasts, and increased domestic investment.

This development marks a significant milestone for the Indian stock market, and analysts remain optimistic about the future trajectory of the indices.

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