Stock Market Today: Nifty end at 19389, Sensex up 274 pts

 

Stock Market Today July 4, 2023: Indian stock market indexes ended the volatile session with decent gains on Tuesday. The domestic markets erased all gains after a gap-up opening and later bounce back from the day’s low in the afternoon session. 

The Indian stock markets got some support after RBI showed provisional data that India`s services exports in May climbed 7.7% on year to $27.06 billion, while imports rose 2% to $15.5 billion. The oil and gas stocks were in the news, as Fitch Ratings said state-owned oil marketers are likely to turn profitable on fuel marketing in the current fiscal ending on March 31, 2024, following large losses in the previous year.

 

Stock Market Indexes Today

 

The Nifty 50 index closed higher by 66.45 points or 0.34 percent and closed at 19389 levels while the Sensex was up by 274 points or 0.42 percent and finished at 65479.05 levels. The Bank Nifty index ended higher by 143.35 points or 0.32 percent on the spot level and closed at 45301.45 levels

The broader markets ended mixed today, as the Nifty midcap index was down by 71.70 points or 0.20 percent and closed at 35771.80 levels. The Nifty smallcap index ended higher by 26.95 points or 0.25 percent at 10997.20 levels.

 

Nifty 50 top gainers & losers 

 

The top gainers in the Nifty 50 index were  Bajaj Finance, Bajaj Finserve, Hero Motors, TechM, and Dr. Reddy and the top losers were Eicher Motors, Bharti Airtel, Grasim, Axis Bank, and Divis Labs

The top gainers in the Nifty midcap index were TTML, PNB, and Poonawala  and the top losers were IDFC First, Tata Communication, and L&T FH

The smallcap top gainers were Suzlon, Medplus, and Radico Khaitan while the top losers were Brightcom Group, NLC India, and Kalyan Jewellers

The most active stocks in the Nifty index in terms of value were HDFC Bank, Bajaj Finance, and HDFC. The most active stocks in terms of volume were Tata Steel, SBI, and HDFC Bank.

On the sectoral front, PSU Bank, IT, Media, and Fin Services closed higher while the sector that closed in the red were Auto, Energy, and Realty.

 

Global Stock Market Today

 

Asian stock market indexes closed mixed on Tuesday, as investors assessed the Reserve Bank of Australia’s (RBA) monetary policy decision to hold interest rates. The major Asian market indexes, Nikkei and Kospi ended lower while Shanghai was slightly higher on Tuesday.

Hang Seng closed higher, as tech stocks rallied in the last hour. European stock markets are trading marginally higher ahead of the key data release and quarterly earnings

 

If you like the post “Stock Market Today: Nifty end at 19389, Sensex up 274 pts” please share it with others.

 

You may also like to read,  Gift Nifty: The Rebranded SGX Nifty Starts Trading July 3rd

You can also follow our Stock Market LIVE updates daily on our website during market hours

 

Happy Investing!!

Editorial desk