Stock Market Today: The stock market can once again create history. Today, on June 12, the Sensex rose by almost 600 points in intraday trading to reach 77,050.53. This record high is very close to 77079.04 points. Let us tell you that the market had reached a record high on June 10. Earlier on June 9, Narendra Modi had taken oath for the post of Prime Minister for the third consecutive time. At the same time, Nifty is trading at 23,406.55, up 141.70 points (0.61%).
The stock market had a strong start on Wednesday. Sensex opened 159.33 points or 0.21% higher at 76,615.92. At the same time, Nifty rose 54.25 points (0.23%) and opened at 23,319.10. Today, shares of BPCL, HCL Tech, Tech Mahindra, Wipro etc. are up by up to 3%. At the same time, the shares of Asian Paint and Titan have fallen the most by 1%.
Market condition on Tuesday
The stock markets closed on Tuesday with an almost stable trend amid volatile trading in the absence of any specific catalyst. BSE’s 30-share index Sensex, after remaining in the positive zone for most of the time, finally closed at 76,456.59 points with a slight decline of 33.49 points or 0.04 percent. During trading, it had increased by 370.45 points or 0.48 percent to reach 76,860.53 points. The National Stock Exchange (NSE) index Nifty closed at 23,264.85 points with a marginal gain of 5.65 points or 0.02 percent in volatile trading. At the same time, a day before this on Monday, Sensex and Nifty had touched their all-time high in early trading. However, later both the indices closed with a decline.
Asian market situation
In other markets of Asia, South Korea’s Kospi and Japan’s Nikkei were on the rise, while China’s Shanghai Composite and Hong Kong’s Hang Seng closed with a decline. European markets were trading with losses. On Monday, US markets closed in positive territory. Meanwhile, global oil benchmark Brent crude fell 0.32 per cent to $81.37 per barrel. According to stock market data, foreign institutional investors (FIIs) made net purchases of shares worth Rs 2,572.38 crore on Monday.