Sensex opens at record high above 80,300, makes shortest 10,000-point run from 70k to 80k

Stock Market today: The Sensex comprehensively opened at above 80,000 mark on the Thursday. The 30 share benchmark index also had briefly crossed this mark on Wednesday. The Sensex had taken shortest span of close to 138 sessions to cross the 80,000 mark

Stock Market today: The Benchmark S&P BSE 30 share benchmark index opened well above the 80,000 mark on Thursday at around 80300. The Sensex also had briefly crossed the 80000 mark on Wednesday. With this the Sensex has taken shortest span of close to 138 sessions to cross the mark. The supportive global data and monsoon progress in the country have added to confidence of investors as the Sensex opened more than 300 points higher. In the US , the Bond yields have softened as the Federal Reserve's case for starting rate cuts this year has been reinforced by a string of weaker economic data. Surprisingly, the U.S. ISM measure of services activity dropped to its lowest point since mid-2020, and employment data came weaker than expected. The markets will be watching for the June payrolls report due on Friday. (more to come)