Market at close: Sensex and Nifty end flat, rupee hits record low
By Vivek Dubey
By Vivek Dubey
CNBC-TV18.com
CNBC-TV18.com
Published June 11, 2024
Published June 11, 2024
Market falls sharply in last hour of trade, closes off highs.
Midcap outperformance keeps market breadth in favour of advances.
Midcap index hits record high for 2nd straight session.
Financials remain a drag, Kotak Bank & ICICI Bank top losers.
Sensex falls 33 points to 76,457 while Nifty rises 6 points to 23,265.
Nifty Bank slips 75 points to 49,706 while Midcap Index rises 431 points to 53,667.
Government looking to bring oil & gas under GST lifts stocks of the sector.
ONGC, Oil India, city gas companies see fresh buying, stocks up 1-8%.
Cement & housing finance companies remain in focus on government’s housing plan.
Rail stocks surge on
Ashwini Vaishnaw
continuing as Rail Minister.
Andhra Government’s plan to expand Amravati Airport lifts
GMR Airports
.
IndiGo & IRB Infra slide following major block deals, down 4-6%.
Market cap of BSE-listed companies is at a record high of ₹427 lakh crore ($5.11 trillion).
BSE-listed companies add market cap of more than ₹1.50 lakh crore on Tuesday.
Rupee ends at record closing low of ₹83.57 against US Dollar.
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