Sensex Breaches 60,000-Mark For The First Time, Nifty Hits Record High

India's benchmark equity index S&P BSE Sensex crossed the 60,000-mark milestone during Friday's (24 September) early morning trade session. The Nifty too touched a record intra-day high of 17,927.20 points.

Accordingly, the 30-scrip sensitive index traded at 60,166.69 points at 9.15 am just after the pre-open session.

The Sensex opened at 60,158.76 points from its previous close of 59,885.36 points.

The broader NSE Nifty50 traded above the 17,900-mark. It opened at 17,897.45 points from its previous close of 17,822.95 points.

BSE-Sensex index took merely 161 trading sessions to make the journey from 50,000 points to 60,000 points, the fastest pace ever for a 10,000-point move on the index. Prior to this, the index had taken on average 931 sessions for a 10,000-point move, reports Economic Times.

According to the ET report, the biggest contribution to the Sensex’s 20 per cent gains from the 50,000 points mark has come from Infosys (up 30 per cent), Reliance Industries (up 19 per cent), ICICI Bank (up 30 per cent) and Bharti Airtel (up 25 per cent).

(With inputs from IANS)