By: ABP News Bureau | Updated at : 20 Jun 2024 05:54 PM (IST)
Share market today: In the broader markets, the BSE Midcap and Smallcap indices advanced 0.55 per cent and 1 per cent, respectively. ( Image Source : PTI )
Share market today: The two key equity benchmarks, Sensex and Nifty, on Thursday closed to new lifetime highs amid volatility. The indices were oscillating between gains and losses throughout the trading session.
The 30-share BSE Sensex jumped 141 points to end at a new closing peak of 77,479. During the day, it soared 305 points to 77,643. On the other hand, the NSE Nifty50 rose 51 points to end at its new closing high of 23,567. Nifty50 advanced 108 points to 23,624 during intra-day.
On the 30-share Sensex platform, JSW Steel, Tata Steel, ICICI Bank, Reliance, Kotak Bank, Axis Bank emerged gainers. On the down side, Sun Pharma, M&M, NTPC, SBI, Wipro, PowerGrid were among the losers.
In the broader markets, the BSE Midcap and Smallcap indices advanced 0.55 per cent and 1 per cent, respectively.
Sectorally, Nifty Metal index gained 1.8 per cent, Nifty Realty jumped 2 per cent, while Nifty Private Bank rose 1.16 per cent. On the other hand, Nifty Auto dipped 0.45 per cent.
In the previous session on Thursday, the BSE Sensex closed marginally higher by 36 points at 77,337, while the NSE Nifty50 ended at 23,516, down 42 points.
In Asian markets, Seoul and Tokyo settled in the green, while Shanghai and Hong Kong ended lower. Markets in Europe were trading in positive territory. US markets were closed on Wednesday in observance of Juneteenth.
Foreign Institutional Investors (FIIs) bought equities worth Rs 7,908.36 crore on Wednesday, according to exchange data.
Global oil benchmark Brent crude climbed 0.16 per cent to $85.21 a barrel.
Meanwhile, the rupee plunged 17 paise to settle at over two-month low level of 83.61 (provisional) against the US dollar on Thursday amid surging crude oil prices due to renewed geopolitical tensions in the Middle East, even though the domestic equity markets hit fresh peaks.
According to forex traders, inflow of foreign capital and positive momentum in domestic equity markets failed to support the local unit which gave in to the pressure due to a firm American currency against major rivals overseas.
At the interbank foreign exchange market, the local unit opened at 83.43 and touched the intra-day high of 83.42 against the greenback.
During the session, the currency hit an all-time low of 83.68 against the dollar. The rupee finally settled at 83.61 (provisional) against the dollar, registering a steep fall of 17 paise from its previous close.
On Wednesday, the rupee settled 1 paisa lower at 83.44 against the US dollar. Earlier, the domestic currency closed at 83.61 against dollar on April 16 this year.
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