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Sensex crosses 60,000-mark for the first time ever, Nifty at record high of over 17,900

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It took over 31 years for Sensex to traverse from 1,000 points to the historic 60,000 level. The benchmark was at 1,000 points back in 1990 and it touched the 30,000 mark in 2015.

Equity benchmark Sensex rallied over 350 points to hit the 60,000-mark for the first time in opening trade on Friday, led by strong gains in index majors Infosys, HDFC Bank and TCS.

The 30-share Sensex was trading 359.29 points or 0.60 per cent higher at its lifetime high of 60,244.65. Similarly, Nifty soared 100.40 points or 0.56 per cent to its intra-day record of 17,923.35 in initial deals.

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It took little over 31 years for the Sensex to traverse from 1,000 points to the historic 60,000 level.

The benchmark index was at 1,000 points back on July 25, 1990 and took nearly 25 years before it touched the 30,000 mark on March 4, 2015.

The Sensex has climbed from the 30,000 level to 60,000 in little over six years, reflecting the overall bullishness in the market.

Infosys was the top gainer in the Sensex pack, rising over 2 per cent, followed by L&T, HCL Tech, Asian Paints, TCS, Tech Mahindra and HDFC Bank.

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News Source : WION

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