By: ABP News Bureau | Updated at : 11 Jun 2024 11:41 AM (IST)
In the broader markets, the BSE Midcap index advanced 0.43 per cent while the Smallcap index rose 0.51 per cent. ( Image Source : PTI )
Share Market Today: The two key equity benchmarks, Sensex and Nifty, on Tuesday pared early losses and inched closer to a green zone. At 10.35 am, the BSE Sensex gained 209 points to 76,699. On the other hand, the NSE Nifty50 was trading at 23,328, up 69 points.
On the 30-share Sensex platform, L&T, Tata Motors, UltraCemco, Tata Steel, M&M, TechM emerged gainers. On the down side, Asian Paints, Kotak Bank, Airtel JSW Steel, Reliance, and ITC were among the laggards.
In the broader markets, the BSE Midcap index advanced 0.43 per cent while the Smallcap index rose 0.51 per cent.
Sectorally, except Bank, all other indices are trading in the green. Nifty Realty is the top gainer, up 1.79 per cent. Nifty Media and Nifty Pharma jumped 0.76 per cent and 0.46 per cent, respectively.
In the previous session on Monday, the BSE Sensex closed 203 points lower at 76,490. The NSE Nifty50 closed 31 points down to 23,259 per cent.
On Monday, Prime Minister Narendra Modi retained Amit Shah, Rajnath Singh, Nirmala Sitharaman and S Jaishankar in charge of the four high-profile ministries - Home, Defence, Finance, and External Affairs - respectively in his new government. The four ministers in charge of these portfolios make up the crucial Cabinet Committee on Security headed by the prime minister.
In Asian markets, Seoul, and Tokyo quoted higher while Shanghai and Hong Kong traded lower. US markets ended in the positive territory on Monday.
Global oil benchmark Brent crude declined 0.23 per cent to $81.44 a barrel.
Foreign Institutional Investors (FIIs) bought equities worth Rs 2,572.38 crore on Monday, according to exchange data.
Meanwhile, the rupee opened on a flat note against the US dollar in early trade on Tuesday, weighed down by a muted trend in domestic equities and the strength of the American currency in overseas markets.
Forex traders said the US dollar strengthened due to increased demand from oil importers and stronger-than-expected economic data from the US. Moreover, rising crude oil prices also weighed on the local unit.
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at 83.49 against the American currency and touched 83.50 in initial trade. On Monday, the rupee settled for the day lower by 10 paise at 83.50 against the US dollar.
Reliance Becomes First Indian Company To Surpass Rs 21 Lakh Crore Mcap
Share Market Today: Sensex Slips 210 Points; Nifty Holds 24,000. Reliance Gains 2 Per Cent
Share Market Today: Sensex Jumps 400 Points; Nifty Around 24,150. Reliance, SBI Top Gainers
SEBI Approves New Regulations For Financial Influencers. Here's What Has Changed
Stock Market Rally: Discover The Key Factors Fueling Sensex And Nifty Today
Monsoon 2024: Torrential Rains Lash North India, Delhi's Rain-Related Death Toll Reaches 11 — Updates
New NEET-PG Exam Date To Be Revealed Within 2 Days: Education Minister Dharmendra Pradhan
BJP To Contest Haryana Assembly Polls Alone Under CM Nayab Singh Saini's Leadership: Amit Shah
Delhi Liquor Policy Case: Court Sends CM Arvind Kejriwal To CBI's Judicial Custody Until July 12