Sensex Reaches Record High of 80000 Ahead of Budget, Stock Market Soaring

Historic Milestone for Sensex on Tuesday

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Tuesday proved to be a significant day for the Indian stock market as the Bombay Stock Exchange's 30-share Sensex made history by touching the 80,000 mark for the first time during the pre-opening session. This milestone was achieved with a surge of over 300 points in the pre-open session, setting a positive tone for the day's trading. When the market officially opened, both the Sensex and Nifty reached new all-time highs, signaling optimism among investors.

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At the start of Tuesday's trading session, the BSE Sensex opened at 79,687.49, marking a gain of 211.30 points or 0.27% from its previous closing level. Similarly, the Nifty also opened strong with an increase of 60.20 points or 0.25%, reaching a new record level of 24,202.20. The market sentiment was reflected in the performance of individual stocks, with 1935 stocks showing gains, 536 stocks registering losses, and 97 stocks remaining unchanged in the early stages of trading.

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During the initial trading hours, certain stocks stood out for their performance on the Nifty index. Eicher Motors, Wipro, Tech Mahindra, HCL Tech, and Hero Motocorp were among the top gainers, showcasing a positive trend. Conversely, names like Bajaj Auto, Sun Pharma, Bajaj Finance, Tata Motors, and Adani Enterprises experienced declines, reflecting the mixed fortunes of different sectors in the market. Investors were advised to seek guidance from market experts before making any investment decisions in such a dynamic environment.

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Market Advancing with Strong Start

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The upbeat momentum continued as the market opened on Tuesday, with the BSE Sensex and Nifty scaling new heights and setting the tone for a positive trading day. The strong performance of key indices reflected growing investor confidence and bullish sentiment prevailing in the market. This was further evidenced by the impressive gains made by leading stocks in early trade, showcasing the potential for further growth in the market.

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