News on the Share Market: On the first trading day of July, domestic equities indices hit all-time highs, propelled by robust demand for IT and financial companies.
Nifty hits an all-time high above 24100.
On Monday, domestic equities benchmarks achieved new all-time highs, with the financial and IT sectors leading the way. Both the Sensex and the Nifty50 closed at record highs of 79,476.2 and 24,142, respectively, after rising by 443.5 and 131.4 points, respectively. Both the main indices rose 0.6 percent as a result of the participation of the midcap and smallcap segments in this broad-based advance.
Leading the charge were stocks of Grasim Industries, UltraTech Cement (ULTRACEMCO), Tata Consultancy Services (TCS), JSW Steel (JSWSTEEL), Tech Mahindra (TECHM), Wipro, and Bajaj Finance (BAJFINANCE). Infosys (INFY), Hindustan Unilever (HINDUNILVR), and HDFC Bank (HDFCBANK). Among the 31 gainers in the Nifty50 group, these stocks stood out with gains ranging from 1.4 to 3.0 percent.
Important lessons learned, Nifty hits an all-time high above 24100.
- Sensex finished the day up 443.5 points, reaching 79,476.2.
- The Nifty50 gained 131.4 points to settle at 24,142.
- Excellent results from IT and finance stocks.
- Both the smallcap and midcap categories had strong activity.
- Tech Mahindra, Wipro, and Bajaj Finance were among the top gainers.
Stay tuned for additional stock market updates and insights!
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