Sensex scales Mount 83K, Nifty closes at record high in late blue-chips rally
Mumbai, Sep 12: Benchmark Sensex hit the historic 83,000 level for the first time on Thursday and the Nifty settled at a lifetime high in a late rally in blue-chip shares, surge in global markets and foreign fund inflows.
A sharp fag-end rally drove the 30-share BSE Sensex to the 83,000 level for the first time. The barometer surged 1,593.03 points or 1.95 per cent to hit its lifetime intra-day peak of 83,116.19 in the last hour of trade. The index closed at a record high of 82,962.71, up by 1,439.55 points or 1.77 per cent.
The NSE Nifty surged 470.45 points or 1.89 per cent to settle at a record closing high of 25,388.90. The benchmark hit its fresh all-time intra-day high of 25,433.35, a jump of 514.9 points or 2 per cent. Nifty and Sensex opened higher and traded in a range till late afternoon trade.
"The bulls took charge towards the end of the day and lifted the indices to a new high, mirroring the bullish global trend. The rate-cut optimism across the globe (ECB & US Fed) has provided a positive impetus to the global market," said Vinod Nair, Head of Research, Geojit Financial Services.
Among the 30 Sensex firms, Bharti Airtel, NTPC, JSW Steel, Mahindra & Mahindra, Adani Ports, Tech Mahindra, Larsen & Toubro, Tata Steel, State Bank of India and Kotak Mahindra Bank were the biggest gainers.
Nestle emerged as the only laggard from the blue-chip pack.
While the session remained subdued for the most part, strong buying in heavyweight stocks across sectors propelled the indices sharply upward in the final hours, Ajit Mishra - SVP, Research, Religare Broking Ltd.
In the broader market, the BSE midcap gauge jumped 1.32 per cent and the smallcap index climbed 0.79 per cent.
All indices ended in the positive territory. Metal surged 3.05 per cent, telecommunication (2.61 per cent), power (2.02 per cent), auto (1.99 per cent), utilities (1.93 per cent) and commodities (1.85 per cent).
A total of 2,335 stocks advanced while 1,612 declined and 122 remained unchanged on the BSE.
Also, 278 stocks hit their 52-week highs while 36 declined to their 52-week lows.
In Asian markets, Seoul, Tokyo and Hong Kong settled with significant gains while Shanghai ended marginally lower.
European markets were trading higher. Wall Street ended with sharp gains on Wednesday.
"Latest US inflation numbers are mildly positive for markets. August CPI inflation coming at 0.2 per cent has brought down the 12-month inflation to 2.5 per cent from 2.9 per cent earlier.
"This paves the way for a rate cut by the Fed in September. But since core inflation continues to remain high at 3.2 per cent the Fed is likely to be cautious and refrain from a 50 bps rate cut, finally settling for a 25 bps rate cut," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
Foreign Institutional Investors (FIIs) bought equities worth Rs 1,755 crore on Wednesday, according to exchange data.
FIIs turning buyers in the cash market during the last three days is another indication that the market will continue to be resilient, Vijayakumar added.
Global oil benchmark Brent crude climbed 1.39 per cent to USD 71.59 a barrel.
The BSE benchmark dropped 398.13 points or 0.49 per cent to settle at 81,523.16 on Wednesday. The NSE Nifty declined 122.65 points or 0.49 per cent to 24,918.45.
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Karnataka makes teenage pregnancies audit mandatory
Bengaluru (PTI): The Karnataka government on Tuesday issued an order mandating an audit of all adolescent pregnancy cases across the state, aiming to systematically track, review and address the underlying causes of pregnancies among girls aged 10 to 18 years.
The order makes adolescent pregnancy audit mandatory by the Taluk Health Officer (THO) for all pregnancies occurring among girls aged 10 to 18 years across the state.
The move is intended to strengthen early identification, counselling and preventive interventions by integrating efforts across health, education and social welfare departments, while leveraging existing programmes such as the National Health Mission (NHM) and Rashtriya Kishor Swasthya Karyakram (RKSK).
“Adolescent pregnancy remains a significant public health and social concern with implications for maternal health, neonatal outcomes, and socio-economic development,” the order said.
It noted that pregnancies among girls aged 10 to 18 years are associated with increased risks of maternal complications, adverse birth outcomes, school dropout and social vulnerability.
According to the order, all adolescent pregnancies identified in the state must be compulsorily reported by both government and private healthcare institutions on the Reproductive and Child Health (RCH) platform.
The audit framework will examine multiple socio-medical factors, including age at marriage, educational status, awareness of reproductive health, access to contraception, and family vulnerabilities.
It will also assess linkages with schemes such as RKSK, Integrated Child Development Services (ICDS) and school health programmes to identify service delivery gaps.
At the Taluk level, a dedicated audit committee will be constituted under the chairmanship of the Taluk Health Officer. Its members will be drawn from primary health centres, field health staff, Anganwadi services and schools.
The government further directed that counselling services, including those through Sneha Centres, access to contraceptives, and targeted outreach to vulnerable adolescent groups—such as school dropouts, migrants and socially disadvantaged households—must be strengthened.
“The audit shall examine age at marriage, educational status, awareness on reproductive health, access to contraception and counselling services, socio-economic and family vulnerabilities,” the order said.
The order mandates strict confidentiality in handling all cases, in compliance with child protection laws, while also ensuring adherence to legal reporting requirements.
