Stock Market Highlights, Sept 02: Markets post record close; Sensex tops 82,550, Nifty near 25,300

Stock Market highlights: 27 out of 50 constituent stocks of Nifty50 ended higher, with gains led by Bajaj Finserv, Bajaj Finance, HCL Tech, Hero MotoCorp, and SBI Life Insurance

Stock Market Highlights on Monday, September 02, 2024: Benchmark equity indices ended the week's first trading session at record high closing levels. The BSE Sensex added 194.07 points or 0.24 per cent to settle at 82,559.84. The index hit an all-time high of 82,725.28 during the intra-day trade. 

Meanwhile, mirroring the Sensex, Nifty50 too settled higher at 25,278.70, up 42.80 points or 0.17 per cent. The index hit an all-time high of 25,333.65 during the intra-day trade on Monday.

27 out of 50 constituent stocks of Nifty50 ended higher, with gains led by Bajaj Finserv, Bajaj Finance, HCL Tech, Hero MotoCorp, and SBI Life Insurance, of up to 3.31 per cent. Meanwhile, Hindalco Industries, Dr Reddy's Labs, Tata Motors, NTPC, and ONGC were the top laggards of the index, falling up to 2.55 per cent.

Similarly, on the BSE, 17 out of 30 listed stocks of Sensex ended in the green, with gains led by Bajaj Finserv, Bajaj Finance, HCL Tech, and IndusInd Bank, of up to 3.26 per cent. Conversely, NTPC, Tata Motors, Mahindra & Mahindra, and Bharti Airtel ended lower, with a fall of up to 1.51 per cent.

Broader indices ended on a mixed note, with Nifty Midcap 100 and Nifty Smallcap 100 ending lower by 0.23 per cent and 0.33 per cent, respectively. Among the sectoral indices, IT, Banking, FMCG, and Financial Services ended in the green, while Metal, Pharma, Auto, Media, and Healthcare settled lower on Monday.