June 13, 2024
New Delhi, India
Stock Market Highlights
Indian benchmark indices ended higher for the third consecutive session on June 13, with significant gains in the capital goods, realty, and IT sectors.
Market Performance
- Sensex: Up 204.33 points (0.27%) at 76,810.90
- Nifty: Up 75.90 points (0.33%) at 23,398.90
- BSE Midcap: Up nearly 1%
- BSE Smallcap: Up nearly 1%
Sectoral Highlights
- Capital Goods and Realty: Both sectors rose by 2%.
- Information Technology (IT): The IT index increased by 1%.
- Media: Declined by 1%.
- Fast-Moving Consumer Goods (FMCG): Fell by 0.6%.
Top Gainers and Losers
Top Gainers on Nifty:
- Shriram Finance
- HDFC Life
- Divis Labs
- M&M
- Titan Company
Top Losers on Nifty:
- HUL
- Power Grid Corp
- Axis Bank
- Britannia Industries
- Eicher Motors
Market Sentiment
The positive momentum in the Indian markets follows a favorable U.S. inflation report, boosting global stocks and raising hopes for a potential interest rate cut in the U.S. The benchmark indices, Sensex and Nifty50, reached fresh lifetime highs during the trading session.
Specific Stock Movements
- Paytm: Shares surged 8% following the announcement of a partnership with Samsung.
Also Read: Ixigo IPO Allotment Status: Check Application Status, Latest GMP & Listing Date
Overall, the Indian stock market closed on a positive note, supported by strong performances in specific sectors and a positive global market sentiment.
Disclaimer:
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