Delhi, 26 June (H.S.): The stock market closed strongly for the third consecutive day, with the Sensex gaining 1,000 points. – Investors earned ₹3.44 lakh crore in one day due to market strength.
New Delhi, June 26(HS): The domestic stock market closed strongly for the third consecutive day, driven by reduced geopolitical tensions and positive global signals. Trading began robustly, although there was initial selling pressure. After 10 AM, sellers briefly regained momentum, but buying intensified after 1 PM, leading the market to surge nearly 1.25%. The Sensex and Nifty finished up by 1.21%. Significant buying was observed in the energy, banking, and FMCG sectors, along with gains in metal, oil and gas, public sector enterprises, automobile, capital goods, consumer durables, healthcare, and tech indices. However, selling pressure was noted in the IT sector. The broader market also saw strong buying interest, with the BSE midcap index up by 0.56% and the smallcap index up by 0.12%. Investors’ wealth increased by approximately ₹3.5 lakh crore, pushing the BSE market capitalization to ₹457.45 lakh crore, up from ₹454.01 lakh crore the previous day.
Active trading involved 4,153 shares on the BSE, with 2,097 shares gaining, 1,900 declining, and 156 remaining unchanged. On the NSE, 2,600 shares were actively traded, 1,337 gaining while 1,263 lost value. Among the 30 Sensex shares, 21 closed higher and 9 lower, while in the Nifty, 42 of 50 shares ended positively. The Sensex opened at 82,882.92, dipped initially, but surged to 83,304.55 by 10 AM. After a dip, aggressive buying post 1 PM propelled it to a high of 83,812.09 before closing at 83,755.87, a net gain of 1,000.36 points. The Nifty also opened with a gain, peaked at 25,565.30, and ultimately closed at 25,549, up by 304.25 points, after experiencing profit booking. Top gainers included Shriram Finance (4.16%) and Jio Financial (3.03%), while Dr. Reddy’s Laboratories (-1.50%) and Tech Mahindra (-0.87%) featured among the top losers.
Hindusthan Samachar / Jun Sarkar
