Sensex and Nifty 50 both ended higher as Nifty Realty and Nifty IT were the major gainers in the sectoral indices, rising by 2% and 1%, respectively.
Sensex and Nifty retreated from their record high on June 13, but managed to close in positive territory, reaching an intraday high of 23,481 and a record 77,145.
Sectors and stocks
The BSE Midcap and Smallcap saw significant gains, while the India VIX index declined by over 7%. Top gainers on Nifty 50 were Shriram Finance, HDFC Life, Divis Labs, and M&M, while sectoral indices saw Nifty Realty and Nifty IT rise.
June 14 Forecast
Markets closed slightly higher, with the Nifty fluctuating within a narrow band. Sectors showed mixed trends, with realty and IT sectors leading gains. A correction in the Nifty index is expected, with current trends likely to continue.
The domestic equity benchmark gained modestly due to slow inflation decline, with US CPI data reducing market expectations. Realty and consumer durables sectors led due to government initiatives to revive affordable housing.
| FII Sold | -3,033.00 Cr. |
| DII Sold | -553.88 Cr. |
Indian Stock Market
| Sensex | 204.33 | 0.27% | 76810.90 |
| Nifty 50 | 75.95 | 0.33% | 23398.90 |
| Nifty Bank | -48.40 | -0.10% | 49846.70 |
Market Movers
| Shriram Finance | 117.35 4.57% | HUL | -41.30 -1.63% |
| HDFC Life | 20.80 3.63% | Axis Bank | -13.25 -1.12% |
| Divis Labs | 141.15 3.17% | Britannia | -59.85 -1.10% |
| M&M | 74.15 2.66% | ICICI Bank | -12.20 -1.09% |
| Titan Company | 89.90 2.66% | Eicher Motors | -49.15 -1.01% |
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Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.
Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.
Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.
Sensex Sensex Sensex
Sensex After four weeks of increases, Sensex and Nifty fell 2% for the first time After four weeks of increases, Sensex and Nifty fell 2% for the first time
The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.
The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.
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