Sensex Today | Stock Market LIVE Updates: Nifty 50 steadies above 25,000; BEML shares rise 7%
Sensex Today | Stock Market LIVE Updates: As we move closer to the end of the day, indices continue to retain the gains. The Nifty index remains above the 25,000 mark, with gains of over 200 points. The Sensex index also remained with gains of over 600 points, trading within a touching distance of the 82,000 mark.
The Nifty IT index is in the green and has been relatively muted. The Realty Index, on the other hand, continues to maintain a healthy lead of over 2%.
The shares of Dreamfolks made a remarkable comeback after clarification from the company.
After a slow start to the day, opening flat, the Indian markets surged in the opening hour of the trading session. The Nifty 50 index surged over 200 points to hit the elusive 25,000 mark. The Sensex index also surged by over 600 points.
Northern Arc shares dipped by about 8% after a large trade deal. Sai Life and Eternal also had their block deal in the opening hours.
The GIFT Nifty indicated a muted start to the Indian markets as the indices look to come out of the recent slump.
The Nifty remains confined in a range, but it is the broader markets that have been a pain point for the market in the last few days. The Nifty Midcap index fell 950 points on Thursday, taking its three-day drop to well over 1,600 points. The Smallcap index has fared no better, with a drop of over 500 points during the same time period.
Geopolitical tensions remain where they are with no signs of improvement. US President Donald Trump has given a two-week deadline of sorts as he decides whether or not to launch an attack on Iran.
Nestlé India will also be in focus ahead of its June 26 board meeting to consider a bonus issue of shares. The FTSE rejig also takes place today, with analysts estimating net inflows of up to $150 million.
Watch this space for all the live updates.