Stock market hits all-time high,Nifty surpassed the 19k level.

 

Stock market hits all-time high,Nifty surpassed the 19k level.

Ira Singh
28 June’23

The Indian equity indices ended at record closing highs on Wednesday where ,Nifty surpassed the 19k level while Sensex also posted a fresh record high by crossing its previous high of 63,601.71 mark during the session. The gains in financial and oil, gas shares is believed to lead the benchmark indices higher.

At close, the Sensex was up 499.39 points or 0.79 percent at 63,915.42, and the Nifty was up 154.70 points or 0.82 percent at 18,972.10.

Stocks and Sectors

Adani Enterprises, Adani Ports, JSW Steel, Bajaj Auto and Tata Motors were the biggest gainers of the day on Nifty, while losers included HDFC Life,Tech Mahindra, Hero MotoCorp, Apollo Hospitals and M&M.

On the sectoral front,all indices ended in green with metal, power, pharma and capital goods up 1 percent each, according to sources.

The BSE midcap index was up 0.7 percent, while smallcap index ended on a flat note.

On 28 June’23,the Indian rupee falls 2 paise to close at 82.04 against the US dollar amid firm oil prices in the international market and a rebound in the greenback.

Experts Take:
Market experts have recommended five intraday stocks to buy for Wednesday- SBI, NTPC, COLPAL, M&M FIN, and Kotak Mahindra Bank.