Sensex surged by 0.93 percent, reaching 75,074.51, while Nifty index increased by 0.89 percent. BSE MidCap and BSE SmallCap indices also saw increases..
Indian stock markets ended positively for the second consecutive session, with Sensex and Nifty indexes rising. Global stocks rose on US rate cut and artificial intelligence growth, while broader indices saw increases.
Sectors and stocks
BSE Realty indices saw a 4.85% gain, followed by BSE Industrials and capital goods indices. Oil & Gas, Power, Telecommunication, and IT sectors also saw gains. Investors await Reserve Bank of India’s bi-monthly policy on June 7.
June 07 Forecast
Benchmark indices remain positive amid stable coalition, anxiety over cabinet and policy announcements, and market awaits RBI’s liquidity comments.
Markets gained nearly 5%, continuing Wednesday’s rebound. The Nifty settled at 22,821.40, with realty, IT, and oil & gas among top gainers. broader indices outperformed, gaining between 2%-3 percent. Markets have adjusted to recent election results and global stability, with a “buy on dips” approach recommended.
The Nifty50 Index continued to gain, but a reversal in banking stocks erased half of its gains. IT stocks recovered, ending the session at 22,821.40 with gains of 201.05 points. The Realty sector was the biggest gainer, followed by Media and PSU Banks. Mid and Smallcaps gained over 2%, beating the Frontline Index.
| FII Sold | -6,867.72 Cr |
| DII Bought | 3,718.38 Cr |
Indian Market Stocks
| Sensex | 692.27 | 0.93% | 75074.51 |
| Nifty 50 | 201.05 | 0.89% | 22821.40 |
| Nifty Bank | 237.30 | 0.48% | 49291.90 |
Market Movers
| HCL Tech | 53.80 4.00% | Hindalco | -17.75 -2.55% |
| Tech Mahindra | 50.55 3.99% | Hero Motocorp | -124.25 -2.20% |
| SBI Life Insura | 52.75 3.79% | HUL | -53.15 -2.04% |
| Shriram Finance | 87.35 3.66% | Asian Paints | -56.95 -1.92% |
| SBI | 27.20 3.44% | Nestle | -38.45 -1.53% |
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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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