Sensex hits 80,000 and Nifty tops 24,600 in choppy trade
In short
Sensex touched 80,000 and Nifty went above 24,600 during the trading day. Asian markets were hit by losses in US tech stocks, but foreign money kept supporting Indian shares.
That mattered because Indian stocks stayed firm even as other Asian markets sold off. The market was still reacting to global tech weakness and overseas flows.
What the reporting says
Sensex hit 80,000 and Nifty moved above 24,600 in a live market session, even as heavy losses in US technology stocks triggered widespread Asian selling. BusinessLine said sustained foreign fund inflows offered some support to Indian equities. The market action showed India holding up better than parts of Asia despite global weakness.
Why it matters
Sensex reached 80,000 and Nifty traded above 24,600 in the live session. BusinessLine’s market update said heavy losses in US technology stocks sparked broad Asian selling, while foreign fund inflows supported Indian equities. The move points to a market balancing global risk-off sentiment against domestic and foreign buying support.