Stock Market Record High:The historic rise of the Indian stock market continues. On Monday, the last trading day of the week, the stock market once again reached a new peak. The Sensex touched the level of 84694.46 points, which is also the all-time high of this index. At the same time, the Sensex closed at 84,544 points with a gain of 1359 points or 1.63%. Talking about Nifty, it reached a record level of 25,849.25 points. The Nifty closed at 25,790.95 points with a gain of 375.15 points or 1.48%. This is the biggest closing of Sensex and Nifty so far.

More than 250 stocks are at 52 week high

Over 250 stocks, including ICICI Bank, Bharti Airtel, Hindustan Unilever (HUL), Bajaj Finserv and JSW Steel, hit their fresh 52-week highs in intraday trade. Zomato, Bajaj Holdings, Britannia Industries, Marico, Eicher Motors, Havells, Indian Hotels, Max Healthcare Institute, Persistent Systems, PI Industries, Trent and United Spirits were also among the stocks that hit their one-year highs on the BSE on Friday.

Investors earned ₹ 6 lakh crore

Investors earned more than ₹ 6 lakh crore in a day due to the boom in the stock market. The total market capitalization of companies listed on the BSE has reached a record ₹ 472 lakh crore, up from ₹ 465.7 lakh crore in the previous session.

Global market boom

Globally, the stock market also witnessed a bullish trend. Japan's Nikkei rose 1.53 percent, Hong Kong's Hang Seng rose 1.36 percent and China's Shanghai Composite rose 0.03 percent while Britain's FTSE fell 0.74 percent and Germany's Dax fell 1.04 percent.

What do experts say

Vinod Nair, Research Head, Geojit Financial Services, said- The Federal Reserve's 0.50 percent cut in repo rate and a more soft monetary stance have given momentum to the Indian market. Nair said that this development is expected to bring positivity in the domestic economy and foreign investment will increase in the short to medium term.