Stock market today: Sensex gains over 180 points, Nifty 50 closes near record high; mid- and small-caps outperform

Jun 14, 2024
stock-market-today:-sensex-gains-over-180-points,-nifty-50-closes-near-record-high;-mid-and-small-caps-outperform

1 min read 14 Jun 2024, 03:30 PM IST checkcibilBtn

Dhanya Nagasundaram

Stock market today: Sensex and Nifty 50 close higher, driven by auto and consumer durable sectors; IT stocks lag due to profit booking.

The share sales sailed through despite choppy stock markets this week. The BSE Sensex is down 3% since Monday.mint (MINT_PRINT)Premium
The share sales sailed through despite choppy stock markets this week. The BSE Sensex is down 3% since Monday.mint (MINT_PRINT)

Stock market today: Domestic benchmark equity indices Sensex and Nifty 50 ended Friday’s session in green despite a flat and sluggish opening. The major indices were driven by auto and consumer durable sectors, while information technology (IT) firms were the biggest drags in the day chiefly due to profit booking. Due to revived anticipation that US interest rates will be slashed soon, the IT stocks on Thursday rose over 1%. In the last 30 minutes, Nifty 50 touched a record high of 23,481 level.

The 30-share BSE Sensex ended higher by 181.87 points or 0.24% at 76,992.77 level while the Nifty 50 closed at 23,465.60 level, up 66.70 points or 0.29%.

On the broader market front, the Nifty Midcap 100 closed 1.05% higher, while the Nifty SmallCap 100 ended up 0.8%, both outperforming the benchmark indices. The fear gauge index, the India VIX closed 4.93% lower on Friday.

(more to come)

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Published: 14 Jun 2024, 03:30 PM IST

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