Sensex Peaks 85,000 for First Time Ever; Nifty Inches towards 26,000

Mumbai: Benchmark equity indices rebounded on Tuesday, with the Sensex crossing the 85,000 mark for the first time ever. The Nifty came close to the 26,000 mark.

Recovering all the early lost ground, the 30-share BSE Sensex climbed 123.81 points to scale a fresh all-time peak of 85,052.42. The NSE Nifty also went up by 39.85 points to hit a new record high of 25,978.90 with just 21.1 points away from breaching the historic 26,000 mark.

From the 30 Sensex firms, Tata Steel, JSW Steel, Power Grid, HDFC Bank, Tata Motors and Larsen & Toubro were the biggest gainers.

Hindustan Unilever, Infosys, Bajaj Finance, Axis Bank, Kotak Mahindra Bank and UltraTech Cement were among the laggards.