Tuesday, June 6, 2023
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Stock Market: Sensex rises over 200 points, Nifty trades above 18,350. IT stocks lead

Following the overnight momentum seen in the United States markets, the two important stock benchmarks for India, the Sensex and the Nifty, are both trading in the green today. The BSE Sensex saw a gain of 213 points and was at 62,086 when the market opened at 9:50 a.m. On the other hand, trading activity on the NSE Nifty50 was recorded at 18,371, which is an increase of 51 points.

Reliance, TechM, Wipro, UltraCemco, Maruti, Infosys, and M&M were among the leading gainers on the Sensex platform, which is comprised of 30 shares. On the other hand, PowerGrid, Airtel, Axis Bank, the HDFC twins, ICICI Bank, and Indusind Bank all turned out to be unsuccessful.

The BSE MidCap and SmallCap indexes both saw gains of up to 0.3 percent as general market sentiment improved.

The information technology, metal, and public sector bond indexes all saw the biggest growth, while the pharma pocket saw the least.

In the last trading session, which took place on Thursday, the S&P BSE Sensex finished at 61,873, which was an increase of 99 points. In contrast, the Nifty50 finished at 18,321, which was an increase of 36 points.

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