Sensex rose 300 points in early trade, crossed 82,000 for the first time, new record for Nifty

The stock market witnessed a tremendous rise on Thursday. In early trade, the Sensex rose 300 points and crossed the 82 thousand mark for the first time. Apart from this, a jump of 108 points was also seen in Nifty. With this, Nifty also crossed the 25,000 mark for the first time.

Among the companies listed on the Sensex, Maruti shares rose 2.93 percent. Shares of Adani Ports, Power Grid, JSW Steel and Tata Steel, HDFC Bank, Reliance Industries and ICICI Bank also rose. On the other hand, shares of M&M, Sun Pharma, ITC, Infosys and TCS declined.

In Asian markets, China's Shanghai Composite, Hong Kong's Hang Seng, and Japan's Nikkei were in losses, while South Korea's Kospi was in profit. Global oil benchmark Brent crude futures were trading 2.26 percent higher at $ 80.41 per barrel. According to stock market data, foreign institutional investors (FIIs) were sellers in the capital market on Wednesday and sold shares worth Rs 3,462.36 crore net.

The rupee opened with a gain of one paisa at 83.67 per dollar in early trade. The US dollar declined marginally in foreign markets. However, a further rise in Brent crude oil prices limited the local currency's gains. Meanwhile, the dollar index, which tests the strength of the US dollar against six major currencies, was down 0.13 percent at 103.96.

Global oil benchmark Brent crude futures were trading 2.26 percent higher at $ 80.41 per barrel.