Stock Markets Update: Indices continued their rally

Stock Markets continued to record profits on 26th June

Stock Markets continued their rally in big stocks on 26th June. Investors continued to invest in big stocks despite slim returns in global markets. During majority of the session, markets traded in green and at one point recorded 800 points at one time. Interestingly, investors did not try to sell-off their gains at the highest marks.

Going into the details, Reliance industries, ICICI Bank, Bharti Airtel stocks rallied in the markets during this session. Sensex has been able to hit new high benchmark at 78,759.40. Nifty also continued to trade above 23,700 mark and hit 23,889 mark at highest. Big indices of Stock Markets, BSE gained 620.73 points to close at 78,674.25 and Nifty gained 147.50 points to close at 23,868.80 mark.

In this session of Stock Markets, BSE Sensex started trading lower than previous closing at 78,094.02 and then continued to trade between 77,945.94 – 78,759.40. On the other hand, Nifty Sensex started trading at 23,723.10 mark and it hit its highest for the day at 23,889.90. While Nifty hit the lowest at 23,670.45.

Stock Markets continue to hit new benchmarks on 26th June
Stock Markets continue to hit new benchmarks on 26th June

Indian Rupee traded at Rs.83.55 against USD on 26th June 2024. Reliance Industries, Bharti Airtel, Ultratech Cement, ICICI Bank, and Sun Pharmaceutical Industries ended as Top Gainers in Sensex. Reliance Industries, Bharti Airtel, Ultratech Cement, ICICI Bank, and Grasim Industries ended as Top Gainers in Nifty.

On the other hand in top indices of Stock Markets; Mahindra & Mahindra, Tata Steel, Tech Mahindra, Titan Company and HDFC Bank stocks ended as Top Losers in Sensex. While Apollo Hospitals Enterprise, Mahindra & Mahindra, Bajaj Auto, Tata Steel and Hindalco Industries ended as Top Losers in Nifty.

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