Business Standard

Monday, December 23, 2024 | 03:09 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Nifty breaches 17,000 for the first time, Sensex eyes 60k milestone

The surge in August saw India's market cap top the Rs 250-trillion mark

Sensex
Premium

(Photo: Bloomberg)

Samie Modak Mumbai
The Nifty50 on Tuesday closed above the 17,000 mark for the first time, while the Sensex soared past the 57,000 level. The index of 50 bluechip stocks took just 19 trading sessions to scale the latest 1,000 points. 

The Sensex jumped 663 points, or 1.2 per cent, to end at 57,552 on Tuesday. The index has now set its eyes on the 60,000 milestone. It rose 9.44 per cent in August — the most since November 2020 —making India the best-performing major global market in the month. 

The surge in August saw India’s market cap top the Rs 250-trillion mark. The latest

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in