Equity indices closed near day’s high,lead by financials

Equity indices closed near day’s high,lead by financials

Ira Singh
19 July’23

The Indian equity market indices continued their dream run on Wednesday, reaching record high levels in early trade, driven by foreign fund inflows and optimism in the US markets.

At close,the Sensex was up 302.30 points or 0.45 percent at 67,097.44, and the Nifty was up 83.90 points or 0.42 percent at 19,833.15.

Stocks and Sectors

NTPC, Bajaj Finance, IndusInd Bank, UltraTech Cement and Bajaj Finserv were the biggest gainers on Nifty,while losers included Hindalco Industries, Bajaj Auto, Hero MotoCorp, TCS and Maruti Suzuki.

On the sectoral front,all indices ended in green with PSU Bank up 2 percent, while power, healthcare and oil & gas were up 0.5 percent each, according to sources.

The BSE midcap index and smallcap indices added 0.6 percent each.

On 19 July’23, the Indian rupee falls 6 paise to close at 82.10 against the US dollar.

Experts Take:
Market experts have recommended 6 buy or sell stocks for Wednesday- Tata Consumer Products, Berger Paints India, Indigo, Bharat Electronics, Oil & Natural Gas Corporation, and Federal Bank.