New Delhi: The domestic stock market on Friday set a new all-time high for the second consecutive day. After a slow start to trading, the market witnessed a tremendous boom in a short while and the BSE Sensex crossed 84 thousand for the first time in history.

The morning started slow

The domestic market started trading today with a slight gain and pressure was seen on the market in the initial session. At 9:15 am, the Sensex was up 350 points and the Nifty was up about 100 points. A few minutes later at 9:20 am, the Sensex's gain reduced to 175 points and it was trading near 83,370 points. However, later during the trading, the market made a great comeback.

For the first time in the history of Sensex

At 11 am, the Sensex was trading at 83,985.07 points with a spectacular gain of more than 816 points (about 1%). Earlier, the Sensex had once reached 84,026.85 points intraday. This is the first time in the history of the Sensex that it has crossed the level of 84 thousand points. Similarly, after touching the high level of 25,663.45 points, the Nifty was trading at 25,645 points at 11 am with a gain of about 225 points (0.90%).

A day before, a record was made

Earlier on Thursday also, the domestic market had recorded a new highest level. In yesterday's trading, the Sensex touched a new all-time high of 83,773.61 points and the Nifty touched a new all-time high of 25,611.95 points. Later, the market came down a bit due to profit booking at higher levels. After the end of trading, the Sensex closed at 83,184.80 points with a gain of 236.57 points (0.29%) and the Nifty 50 closed at 25,415.95 points with a gain of 38.25 points (0.15%).

Tremendous jump in these stocks

In today's trading, the domestic market is getting support from banking, IT, auto, metal, and energy stocks. The stocks of these sectors are witnessing a great rise, which helped the market to overcome the pressure of profit booking. Shares of Mahindra & Mahindra and JSW Steel rose by about 4-4% on the Sensex. Maruti Suzuki, Tata Steel, and L&T rose by more than 2-2 percent. Only three stocks Axis Bank, NTPC, and TCS were trading negatively on the Sensex.