Market Hits Fresh Peaks, Sensex Above 75K, Nifty Reaches 22,754 Mark

Ira Singh
Khabar Khabaron Ki,10 April’24

The domestic share market indices ended higher on Wednesday with Nifty hitting fresh record high,amid continued expectations of a positive corporate earnings season, while focus will turn to US inflation data due later in the day for clues on interest rate cuts.

At close, the Sensex was up 354.45 points or 0.47 percent at 75,038.15, and the Nifty was up 111.00 points or 0.49 percent at 22,753.80. About 1761 shares advanced, 1617 shares declined, and 81 shares unchanged.

Coal India, BPCL, Kotak Mahindra Bank, ITC and Hindalco Industries were the top gainers on the Nifty, while losers included Cipla, Maruti Suzuki, HDFC Life, Divis Labs and SBI Life Insurance.

On the sectoral front, except pharma, all other sectoral indices ended in the green with media, PSU Bank, FMCG, metal, oil & gas up 1-2 percent.BSE Midcap and Smallcap indices up 0.5 percent each.

Rupee Close:
On 10 April’24,the Indian rupee appreciated 12 paise to 83.19 against the U.S. dollar in early trade on Wednesday,tracking its Asian peers amid a positive trend in domestic equities.

Forex traders said investor sentiments got a boost as crude oil prices retreated from their elevated levels

Trading Guide:
Market experts have recommended six stocks to buy today- Apollo Hospital, Aurobindo Pharma, E I D-Parry (India), Mishra Dhatu Nigam, SBI Cards and Petronet LNG.