Stock Market LIVE Updates: GIFT Nifty indicates a firm opening; US, Asian markets gain

Benchmark indices ended in the green for a fourth straight session on June 27, with Nifty 50 managing to touch a high of 25,650, powered by broad-based buying on hopes of extension of Trump tariff deadline and the possibility of a soon-than-expected US Fed rate cut.

The Nifty Bank index hit another record high in the session to end above 57,400 for the first time.

At close, the Sensex was up 303.03 points or 0.36 percent at 84,058.90, and the Nifty was up 88.80 points or 0.35 percent at 25,637.80. BSE Midcap index rose 0.4 percent and smallcap index gained 0.5 percent.

For the week, BSE Sensex and Nifty added 2 percent each.

Among sectors, except consumer durables, IT and realty, all other indices ended in the green with Capital Goods, Healthcare, oil & gas, power, telecom, PSU Bank up 0.5-1 percent.

Jio Financial, IndusInd Bank, Adani Enterprises, Asian Paints, Apollo Hospitals were among major gainers on the Nifty, while losers were Trent, Dr Reddy’s Labs, Eternal, Wipro, Tata Consumer.