Markets in positive cues

30 Jun 2023 , 01:12 PM

Indian stock markets are trading in the green territory in Friday’s afternoon session as investor sentiment improved following robust economic data from the US, which has led to reduced fears of a slowdown in the world’s largest economy.

Domestic benchmark indices hit fresh highs in today’s session, witnessing a strong rally for another consecutive session.

On the sectoral front, Nifty Auto and IT packs are trading with the highest gains, followed by Pharma stocks. All other sectoral indices are trading with gains.

At around 1.00 PM, BSE Sensex is trading 596 points higher at 64,512. NSE Nifty is up by 161.45 points and is currently trading at 19,133.55.

Mahindra & Mahindra (+3.73%) is the top Nifty gainer today. IndusInd Bank (+3.28%) and Sun Pharma (+3.19%) are trading 3% higher. Infosys (+2.81%) and Bajaj Auto (+2.76%) are the other top gainers.

Adani Ports (-1.67%) is leading the losers’ chart today with a 2% downside. Apollo Hospitals (-1.04%), HDFC Life (-0.91%), ICICI Bank (-0.46%), and Adani Enterprises (-0.33%) are the other NSE laggards.

A total of 42 stocks advanced on the nifty index, and 8 stocks declined.