Benchmark index Nifty 50 crossed the 26,000 mark on September 24, taking 38 sessions from when it 25,000 points for the first time back in August.

What Happened: On August 1, the index had passed the 25,000 mark. The index hit an all-time high of 26,011.55 on Tuesday. On September 18, the index was around 25,300 levels and gained almost 600 points in four sessions.

Tata Steel, Hindalco Industries, and Power Grid were the top gainers in Nifty on Tuesday with Tata Steel racing up to 4% in the session.

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Nifty’s march to 26,000 was slower compared to the previous 1000 mark journeys as it took 24 sessions to 25,000 from June 27 and 23 sessions to clear 24,000 from May 27.

In the current 1,000-point jump, Bajaj Auto emerged as the top performer with a 27% gain. Shriram Finance and Bharti Airtel were the other top performers with 17% and 16% gains respectively. Tata Motors was among the worst-performing index constituents with a 14% decline during this time. ONGC was the second worst performer with a 12% decline.

In September 2023, Nifty 50 hit the 20,000 mark first and since the last year, it has grown over 6,000 points.

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