Sensex hits record 79,000; RIL, IT stocks boost Nifty past 24,000

By Priyanka Deshpande CNBC-TV18.com Published June 27, 2024

[{"selector":"#anim-582fa0c0-6b41-4c65-9e59-0fac5bc3e9e8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-59e60368-a16e-488f-bdeb-c1e76a0a59df","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 224.44463%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty crosses 24,000 & Sensex 79,000 for the first time

[{"selector":"#anim-7a4e3305-b4f9-4a1c-9578-bc871eeccaf7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0386b40c-b5b8-46a2-805f-cbb7b0a6c577","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 182.10674%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Market’s record run continues led by continued buying in Reliance & recovery in IT stocks

[{"selector":"#anim-0df9e7ff-9e09-4425-b9db-f4fa616cdbcf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4bc4be23-e3c5-425c-a1aa-92999f32cd75","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Besides RIL & IT stocks, UltraTech, NTPC & Kotak Bank lift Nifty as well

[{"selector":"#anim-ee9b5303-fd54-4125-9ac9-a0ae9e078dc4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-afcca225-3cfa-47ef-af89-bcda45ac9da5","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 179.50937%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Profit booking in banking names lead to a close in the red for Nifty Bank

[{"selector":"#anim-fcf81cad-bcbc-4a38-84cb-51b04c264fd6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3805b368-b444-412a-a680-6fb43c4e5fd6","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] PSU banks slip on talks of farm loan waiver in states, Nifty PSU Bank down 1%

[{"selector":"#anim-555f38a1-b002-4bbb-b2e6-8091c7778098","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3894d7ca-1097-44f6-a9f2-b67b14aa96fd","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 144.70487%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] UltraTech's surges 5% after acquiring a 23% stake in India Cements, which also surged 13% following the deal, building on Wednesday’s gains

[{"selector":"#anim-5cd4206e-63cb-4dcd-b368-ff5ab01a79cc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4c697fd5-9017-41bf-a148-4757cd64bedb","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 183.40542%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] While, Ramco Cements falls 7% from highs following UltraTech-India Cements deal

[{"selector":"#anim-e3806f59-5e34-4ed4-b31f-20859dba10cf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91e9d66a-c751-476a-ae11-bbd91a1e967f","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 179.50937%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Vodafone Idea continues to see buying on an expectation of tariff hike, up 4%

[{"selector":"#anim-2964b3bb-7237-4b42-a43c-8ea346760f28","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-513d1a08-a9a2-46f9-b434-f704c48d5fac","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 180.80805%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Manappuram moves higher with healthy volumes on positive brokerage note, up 7%

[{"selector":"#anim-da0ddc2b-2e23-4fa1-b363-e2ecee944b88","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Thanks For Reading! Indian bonds to debut on global indices: How will it impact the rupee, and interest rates? Read More