Business Economy


Stock Markets ends higher for fifth session with Nifty near 24,200 mark

New Delhi, June 18 (UNI) Indian Stock Markets on Thursday ended higher for the fifth consecutive session with the Nifty closing near the 24,200 mark.
At close, the Sensex was up 254.36 points or 0.33 percent at 77,409.98, and the Nifty was up 82.30 points or 0.34 percent at 24,168. Nifty Midcap 100 and Smallcap 100 indices rose 0.4 percent each.
The market capitalisation of all BSE-listed stocks witnessed a Rs 2.57 lakh crore increase today as it rose to Rs 477.69 lakh crore.
Among the sectors, bank stocks emerged as one of the top performers with Nifty Bank up by 0.6%. Nifty Healthcare recorded healthy gains of 0.98% while IT stocks declined amid a hawkish US Fed commentary.
Nearly 133 stocks touched their 52-week high levels while 25 stocks that hit 52-week lows. The gainers were Angel One, Balaji Amines, Rategain, Netweb, WeWork and YES Bank while on lows were Bharti Hexacom, Vedanta Aluminium and Parsvnath Developers.
On Nifty, nearly 33 stocks gained with Max Health biggest gainer followed by IndiGo. Adani Enterprises, Trent and BEL were among other gainers.
On the losing end were Infosys with 2.6% decline, Tata Consumer down 1.20% while, Tech Mahindra, Maruti and TCS shed around 1%.
In terms of individual shares, HFCL rose 5%, Rail Vikas Nigam, Bosch Home Comfort gained 10% and Rail Vikas Nigam advanced nearly 1%.
Among the banking stocks, SBI rose 1.58%, HDFC Bank gained 1.51%, Axis Bank, HDFC Life also ended with a 1.63 percent rise.
Indian rupee extended its gaining streak appreciating by 20 paise to close at 94.33 against the US dollar.UNI VK AAB
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