City
Epaper

Sensex, Nifty hit new all-time high on strong global cues

By IANS | Updated: June 18, 2024 10:05 IST

Mumbai, June 18 Indian equity frontline indices opened in green on Tuesday following positive global cues. In the ...

Open in App

Mumbai, June 18 Indian equity frontline indices opened in green on Tuesday following positive global cues. In the early trade, Sensex and Nifty made a new all-time high of 77,326 and 23,573 respectively.

At 9:45 a.m., Sensex was at 77,315, up 322 points or 0.42 per cent, and Nifty was up 94 points or 0.40 per cent, at 23,559.

On NSE, 1735 shares are trading in the green and 348 shares are trading in the red mark. The Nifty Midcap 100 index is up 140 points or 0.25 per cent at 55,365 and the Nifty Smallcap 100 index is at 18,171, up 127 points or 0.71 per cent.

Among the sectoral indices, Auto, IT, PSU, FMCG, Metal, Realty, and Energy indices are major gainers, while Pharma and Fin Services are major laggards.

Wipro, Titan, M&M, Tech Mahindra, Infosys, Power Grid, NTPC, Bharti Airtel, Tata Motors, HCL Tech, SBI and L&T are the top gainers. Maruti Suzuki, Kotak Mahindra, HDFC Bank, Reliance, ICICI Bank and TCS are the top losers.

Deven Mehata, Research Analyst, Choice Broking said, "After a gap up Opening Nifty can find support at 23,400 followed by 23,300 and 23,200. On the higher side, 23,550 can be an immediate resistance, followed by 23,650 and 23,700."

"The charts of Bank Nifty indicate that it may get support at 49,800, followed by 49,700 and 49,500. If the index advances further, 50,200 would be the initial key resistance, followed by 50,350 and 50,500." Mehata added.

Most of the markets in Asia are trading in the green. Tokyo, Shanghai, Bangkok, and Seoul are in the green. However, the markets of Hong Kong and Jakarta are in the red. American markets closed with gains on Monday. Crude oil benchmark Brent crude is at $84 per barrel and WTI crude is at $79 per barrel.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalEAM Jaishankar congratulates new UK Foreign Secretary Yvette Cooper, says looking forward to working together to continue Comprehensive Strategic Partnership

International"They should get their money back!": Trump criticises EU for 3.5 billion dollar fine on Google

InternationalExercise Yudh Abhyas 2025 elevates India-US Strategic, Defence partnership

CricketTermination of contract between USAC and ACE leaves players in limbo: Corey Anderson

International"India buys Russian oil purely to feed Russia war machine": WH Trade Advisor Peter Navarro

Business Realted Stories

BusinessGST reforms to give our defense corridors a major boost: Gen Upendra Dwivedi

BusinessStudents should be drivers of innovation-led enterprises: Jitendra Singh

BusinessGST rate cut to boost MSMEs, push exports

BusinessTrump’s tariff war pits US geostrategic interests against Nobel pique, trade claims

BusinessGST 2.0 has brought in rationalisation of rates; revenues will go up: Ex-chairman of GSTN