Stock market
today:
BSE Sensex
and
Nifty50
, the Indian equity benchmark indices trade flat in the opening session on Thursday, after hitting record highs in the previous session. The 30-share BSE Sensex climbed at 77,554.83, while NSE
Nifty
was
trading
at 23575.
Sensex experienced an upward trajectory during the early trading hours, gaining 250.72 points to reach 77,588.31.
Similarly, Nifty rose by 71.7 points, touching 23,587.70.
Kotak Mahindra Bank, Tata Motors, UltraTech Cement, HDFC Bank, Mahindra & Mahindra, Bharti Airtel and Reliance Industries were among major gainers, while Sun Pharma , Bajaj Finance, Dr Reddy’s Labs, Power Grid Corp and HDFC Life were major laggards.
Asian markets experienced mixed results during the early trading hours on Thursday, including Hong Kong, Shanghai, Seoul, Wellington, Taipei, and Jakarta, witnessing slight gains. However, Tokyo, Sydney, Manila, and Singapore faced declines.
In Japan, the Nikkei index dropped by 0.63%. Similarly, Chinese stocks also faced downward pressure, with the blue-chip index falling by 0.34%. Hong Kong’s Hang Seng index also experienced a modest decline of 0.14%.
US markets were closed on Wednesday for the Juneteenth holiday. Wall Street’s hit record highs on Tuesday, largely attributed to Nvidia’s strong showing.
The Sensex on Wednesday ticked higher to scale yet another lifetime closing peak of 77,338, while the broader Nifty retreated from the record-high level amid a lack of immediate triggers.
Rallying for the fifth straight session, the Sensex climbed 36 points to settle at a new closing high of 77,338. During the day, it soared 550 points or 0.7% to hit the fresh lifetime peak of 77,852. The Nifty ended at 23,516, down 42 points. Intraday, it rose 106 points to hit a new record of 23,664.
