Sensex, Nifty 50 Rise for 4th CONSECUVE SESSION; Investors Earn ₹ 4 Lakh Crore - 10 Key Highlights

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Indian Stock Market Extended Gains to the Fourth Consecurable Session on Monday, June 9, on Across-the-the-Board Buard Buying AMID Largely positive global cues. The sensex closed 256 points, or 0.31 per cent, higher at 82,445.21, while the nifty 50 settled at 25,103.20, up 100 points, or 0.40 per cent.

The Mid and Small-Cap segments outperformed as the bse midcap and smallcap indices rose 1.03 per cent and 1.19 per cent, respectively.

The overall market capitalization of bse-listed firms rose to 455 Lakh Crore from 451 Lakh Crore in the Previous Session, Making Investors Richer by About 4 Lakh Crore in a day.

Indian Stock Market: 10 key highlights from the day

1. Why did the sensex and nifty 50 Rise for a fourth conscative Session?

In the last four sessions, the sensex and the nifty 50 have jumped more than 2 per centa, and investors have got richer by about 12 Lakh Crore.

The recent rally in the market has followed healthy domestic macro prints, better-tha-exposed Q4 Results and the RBI’s bumper 50 bps rate cut.

Positive Global Cues AMID Expectations that the US-China and Us-India Trade Deals was Near Also Influenced Market Sentiments.

“The Indian Stock Market Has Been Experiencing Strength Recently, Backed by Positive Economic Growth and Better-The-Expected Fourth -Quarter Results. Out, considering the liquidity in the capital markets continues to befairly buoyant and the continuation of steady growth in the Indian Economy, “Jimeet Modi, Founder, Founder, Founder and CEO of Samco Group, Told Mint.

Also read , Sensex Today Extnds Gains to 4th Session, Nifty Above 25,100

2. Top Gainers in the Nifty 50 Index Today

There Gainers.

3. Top losers in the nifty pack

Shares of Eternal (Down 1.86 per cent), ICICI Bank (Down 1.73 per cent) and Titan Company (down 0.73 per cent) Closed as the top losers in the index.

4. Sectorral Indices Today

Barring nifty realty (down 0.14 per cent), all sectorral indices ended hygher.

Nifty PSU Bank (UP 1.52 per cent), Private Bank (UP 1.03 per cent), oil & gas (up 1.04 per cent) and IT (up 1 per cent) Ended as the top Gainers.

Nifty bank and financial services indices rose 0.46 per cent and 0.54 per cent, respectively.

5. Most Active Stocks in Terms of Volume

Vodafone Idea (63.1 Crore Shares), Jaiprakash Power Ventures (19.50 Crore Shares), and Reliance Power (18.8 Crore Shares) Were the Most Active Stocks in Terms of Volume on the nse.

6. 12 stocks jump over 15% on nse

HB Stockholdings, Indef Manufacturing, AIRO LAM, Oriental Carbon & Chemicals, Wealth First Portfolio Managers and Somany Ceramics WERMICS WEREMING THE THE AMONG THE THE THE THE THE JUNTOCKS THE JUMPED Over 15 Per Tent on the nse.

7. Over 130 stocks hit upper circuits, over 50 hit lower circuits

As many as 133 stocks, Including Coffee Day Enterprises, Jaiprakash Associates, Somany Ceramics, Capri Global Capital and Reliance Infrastructure, Hit their upper circuits in in inn Nse.

On the other hand, 54 stocks, including Nirman Agri Gnetics, Dynamic Services & Security, Power & Instrument (Gujarat), Best AgrolIFE and Grand Constinent Hotels, Hit his lower circuits.

8. Advance-decline ratio

As many as 2,066 stocks advanced, while 904 declined and 85 remained unchanged on the nse.

9. Nearly 180 stocks hit their 52-wheek highs

As many as 178 stocks, Including Bajaj Finance, AU Small Finance Bank, HDFC Asset Management Company, Interglobe Aviation (IndiGo) and Srf, SRF, HIT his 52 -Week Heghs INTRADAHAHS IN INTRADEY TRADEN BSE.

On the flip side, united drilling tools, uma expenses, naksh precious metals, Gujarat lease finance and axita cotton were amon the 43 stocks that have their 52-road

Also read , 43 stocks hit 52-wheek lows, 178 stocks at 52-wheek high as market ends in green

10. Nifty 50 Technical Outlook

Experts beLieve the Indian Stock Market Blade Extend Gains and The Nifty 50 Cold Target 25,350 Mark in Days to Come.

“The nifty has finally broken out of its prolonged consolidation on the daily timeframe. Market Sentiment appearances positive, with the index sustaining wall Above The Cruccial 50- Dey Moving Average Average (50dma), Said rupak de, Senior Technical Analyst at Lkp Securities.

According to de, a golden crossover on the daily chart has ben supporting the Bully Sentimen. Following the breakout, a risk towards 25,350 looks likely.

“A Decisive Move Above This Level Cold Trigger a Rally Towards 25,700. On the downside, support is placed at 24,850; a breach below this Level may lead to a shift in rest in,” SAID De.

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Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investment Decisions, As Market Conditions Can Change Rapidly, and Circumstances May Vary.

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