SME Times is powered by   
Search News
Just in:   • India’s engineering goods exports touch all-time high of $116.7 billion in 2024-25  • Trade minister vows all-out efforts to boost foreign investment, reshoring firms  • Solid monetary frameworks helped emerging markets navigate recent crises: Gita Gopinath  • India, as fastest growing economy, is ideal investment destination: RBI Governor  • India’s forex reserves on way to reclaim all-time high of $704.8 billion 
Last updated: 19 Jun, 2024  

BSE.9.Thmb.jpg Sensex and Nifty trade higher, banking stocks in top gear

Bse.9..jpg
   Top Stories
» India’s engineering goods exports touch all-time high of $116.7 billion in 2024-25
» India, as fastest growing economy, is ideal investment destination: RBI Governor
» India’s forex reserves on way to reclaim all-time high of $704.8 billion
» Centre notifies new rules for GST Appellate Tribunal
» India’s steel industry poised for global growth, focus on FTAs and self-reliance: Piyush Goyal
IANS | 19 Jun, 2024

India equity indices opened in the green on Wednesday following which top private banks like IndusInd Bank, ICICI Bank and Axis Bank have become top gainers in Sensex.

In early trade, Sensex and Nifty rose to a new all-time high of 77,581 and 23,630 respectively.

At 9:40 a.m., the Bombay Stock Exchange (BSE) benchmark was up 152 points or 0.20 per cent, at 77,453 and Nifty was up 10 points or 0.04 per cent, at 23,568.

Broder market underperforms compared to large-cap stocks. Nifty midcap 100 index is down 479 points or 0.87 per cent, at 55,009 and Nifty smallcap 100 index is down 155 points or 0.85 per cent, at 18,080.

Among the sectoral indices, Fin service, pharma, banks, and service sector are major gainers. Auto, IT, FMCG, metal, and realty are major laggards.

Deven Mehata, Research Analyst, Choice Broking said, "After a gap up, Nifty can find support at 23,500 followed by 23,450 and 23,400. On the higher side, 23,650 can be an immediate resistance, followed by 23,700 and 23,800."

The Foreign institutional investors (FIIs) extended their buying as they purchased equities worth Rs 2569 crore on June 18, while domestic institutional investors also bought equities worth Rs 1555 crore on the same day.

The markets of Tokyo, Hong Kong, Seoul and Jakarta are trading in the green. However, the markets of Bangkok and Shanghai are trading in the red. American markets closed sharply on Tuesday. Crude oil benchmark Brent crude is at $85 per barrel and WTI at $80 per barrel.

--IANS

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter