Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Positive Opening Expected for Sensex and Nifty

19 Jun 2024 , 08:58 AM

The benchmark indices, Sensex and Nifty, are likely to open on a positive note on June 19. This expectation comes from the GIFT Nifty, which is trading around 23,657.50, up by 67 points compared to the previous close of Nifty 50.

On June 18, India’s benchmark indices extended their gains for the fourth consecutive session, closing at fresh record highs. This positive momentum was largely driven by strong performances from PowerGrid Corp and Titan.

  • Sensex: Closed up by 0.4%, gaining 308 points to reach 77,301.
  • Nifty: Closed up by 0.39%, adding 92.30 points to reach 23,558.

Asian markets were trading higher, following new highs reached by the S&P 500. This surge was primarily due to the rise of Nvidia, an artificial intelligence chip firm, which has now overtaken Microsoft as the most valuable public company. The S&P 500 and Nasdaq both closed at record highs on Tuesday, driven by Nvidia’s continued ascent. In contrast, the Dow showed minimal gains amid softer-than-expected U.S. retail sales data and subdued pre-holiday trading.

On June 18, foreign institutional investors (FIIs) were net buyers, purchasing equities worth ₹2,569 Crore. Domestic institutional investors (DIIs) also contributed to the positive market sentiment by buying equities worth ₹1,555 Crore.


Related Tags

  • BSE
  • nifty
  • NSE
  • opening bell
  • sensex
  • stock market news
  • Stock Market Updates
sidebar mobile


Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.