Sensex opens at record high above 80,300, makes shortest 10,000-point run from 70k to 80k | Stock Market News

Stock Market today: The Benchmark S&P BSE 30 share benchmark index that opened well above the  80,000 mark at on Thursday at more around 80,300. The Sensex also had briefly crossed this mark on Wednesday. With this the Sensex has taken shortest span of close to 138 sessions to cross

The supportive global data and monsoon progress in the country have added to confidence of investors

Bond yields have softened as the Federal Reserve’s case for starting rate cuts this year has been reinforced by a string of weaker economic data. Surprisingly, the U.S. ISM measure of services activity dropped to its lowest point since mid-2020, and employment data came weaker than expected. The markets will be

benchmark 30-share Sensex reached 80,000 in just 138 trading sessions, marking its fastest-ever 10,000-point surge. It hit an intra-day high of 80,074.30 on Wednesday. The Sensex had previously crossed 70,000 on December 11, 2023.

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