Share Market Today: Sensex Rises 340 Points; Nifty At 23,570. Indices Hit New All-Time Highs

Share Market Today: On the 30-share Sensex platform, M&M, Wipro, Titan, PowerGrid, TechM, SBI emerged gainers. Maruti, UltraCemco, Kotak Bank, Asian Paints, Reliance were among the losers

Share Market Today: In the broader markets, the BSE Midcap and Smallcap indices jumped 0.34 per cent and 1 per cent higher, respectively.

Source : ABP LIVE AI

Share market today: The two key equity benchmarks, Sensex and Nifty, on Tuesday touch new record highs amid positive global trends. At 9.50 am, the BSE Sensex gained 343 points to 77,336. On the other hand, the NSE Nifty50 was trading at 23,570, up 105 points.

Stock update

On the 30-share Sensex platform, M&M, Wipro, Titan, PowerGrid, TechM, SBI emerged gainers. On the flip side, Maruti, UltraCemco, Kotak Bank, Asian Paints, Reliance were among the losers.

About 2,193 shares advanced, 734 shares declined, and 156 shares unchanged.

In the broader markets, the BSE Midcap and Smallcap indices jumped 0.34 per cent and 1 per cent higher, respectively.

Sectoral update

Sectorally, Metal stocks, PSU banks index, and IT index were among the top gainers, while healthcare and pharma indices dragged.

In the previous session on Friday, the BSE Sensex gained 182 points to close at 76,993 while the NSE Nifty50 settled at 23,466, up 67 points.

Markets remained closed on Monday on account of Eid Al-Adha.

Global update

In Asian markets, Seoul, Tokyo, and Shanghai were trading in the positive territory while Hong Kong quoted lower. US markets ended higher on Monday.

Foreign Institutional Investors (FIIs) bought equities worth Rs 2,175.86 crore on Friday, according to exchange data.

Global oil benchmark Brent crude declined 0.15 per cent to $84.12 a barrel.

Rupee gains 7 paise

Meanwhile, the rupee appreciated 7 paise to 83.48 against the US dollar in early trade on Tuesday amid a fresh inflow of foreign capital and positive sentiment in the domestic equity markets.

Forex traders said the strengthening American currency weighed on the local unit though it found support due to downward movement in crude oil prices overseas.

At the interbank foreign exchange market, the local unit opened at 83.52 and gained further to 83.48 against the greenback, registering a rise of 7 paise from its previous close.

On Friday, the rupee settled 1 paisa lower at 83.55 against the US dollar. Forex markets were closed on Monday on account of Bakri Id.