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HomeUncategorizedSensex Rise, Markets Close at Record High; Nifty Rises for Fourth Straight...

Sensex Rise, Markets Close at Record High; Nifty Rises for Fourth Straight Session

Sensex and Nifty 50 both ended higher as BSE Capital goods saw a 1.7% increase, followed by BSE Telecommunication, Consumer durables, and consumer discretionary, while the BSE IT index fell 0.7%.

Indian markets reached a record high on June 14, with the benchmark Sensex and Nifty both closing higher for the fourth consecutive session. Sectoral indices saw BSE Capital goods gain 1.7%, followed by BSE Telecommunication, Consumer Durables, and Consumer Dispensary.

Sectors and stocks

US stocks closed at a record high, balancing inflation effects with reduced Federal Reserve interest rate cuts. Despite the Fed’s reduced forecast, traders remain optimistic, anticipating two rate cuts in September.

June 18 Forecast

The Nifty reached new highs, reaching 23,500, due to cautious investor buying in key stocks. Midcap and smallcap stocks see renewed interest, while large-cap stocks face higher valuation hurdles.

Market momentum temporarily halts due to US Fed hawkish comments, reducing rate cuts. Near-term consolidation is probable as domestic investors await union budget and welfare focus.

FII Bought2,175.86 Cr.
DII Bought 655.76 Cr.
as per lastest session

Indian Stock Market

Sensex181.870.24%76992.77
Nifty 5066.700.29%23465.60
Nifty Bank155.300.31%50002.00
as per closing Bell

Market Movers

Eicher Motors133.60 2.78%Tech Mahindra-17.50 -1.26%
M&M66.90 2.34%TCS-46.10 -1.19%
Adani Ports26.25 1.87%Wipro-5.10 -1.06%
Shriram Finance47.85 1.78%HCL Tech-13.10 -0.91%
Titan Company57.85 1.67%SBI-4.70 -0.56%
as per closing Bell

Must read book about investing – check here

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.

Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert

Record High Record High Record High Record High Record High Record HighrRRecord HighRecord Highecord Highockets

Market Rally Halts Market Rally Halts Market Rally Halts Market Rally Halts

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