Markets end the day in green

18 Jun 2024 , 03:49 PM

On Tuesday, the Indian benchmark indices opened at record high levels and climbed further to set fresh all-time highs. However, they pared some of their gains to close higher for the fourth consecutive session, driven by positive global cues.

Market Performance

Sensex:

• Opening: 77,235.31 (record high)
• Intraday High: 77,366.77 (new record)
• Closing: 77,301.14, up 265.51 points or 0.34%

Nifty 50:

• Opening: 23,570.80 (record high)
• Intraday High: 23,579.05 (new record)
• Closing: 23,557.90, up 71.90 points or 0.31%

Market Sentiment

The market sentiment was bolstered by an overnight rally on Wall Street, particularly led by gains in AI-focused tech stocks. This positive momentum also influenced markets across Asia and Europe.

Top Gainers and Losers

Sensex:

• Top Gainers: Power Grid Corp., Wipro, ICICI Bank, Titan, Mahindra & Mahindra
• Top Losers: Maruti Suzuki India, UltraTech Cement, Tata Steel, Tata Motors, ITC

Nifty 50:

• Top Gainers: Shriram Finance, Power Grid Corp., Wipro, ICICI Bank, Titan
• Top Losers: Maruti Suzuki India, Dr. Reddy’s, UltraTech Cement, Tata Steel, Hindalco

Broader Market

The broader market also closed in the green:

• BSE SmallCap: Gained 0.96%
• BSE MidCap: Climbed 0.43%

Sector Performance

• Indices in the Red: Health, Pharma, Metal, Media, FMCG, Oil & Gas, Auto
• Indices in the Green: Realty, Consumer Durables, Private Bank, Bank, Financial Services, IT