Stock Market Highlights | 28th June

Sensex falls by 210 points, Nifty stands at 24,000; banks weigh down, metal and pharma sectors perform well.

Rupali Nagar

Jun 28, 2024 - 17:14

0 26

On Friday, the bull run of Indian stock market indices, BSE Sensex and Nifty50, persisted. Despite the BSE Sensex opening more than 200 points higher, Nifty50 remained above 24,100. At 9:17 AM, the BSE Sensex was at 79,442.26, marking a 199-point increase equivalent to 0.25%. Nifty50 traded at 24,104.15, gaining 60 points equivalent to 0.25%.

The Nifty index has extended its streak of breaking records this week, crossing the 24,000 level on Thursday for the first time, with major contributions from index giants.

ONGC, Dr Reddy's Labs, Reliance Industries, SBI Life Insurance, and Tata Motors were among the top performers in the Nifty, whereas IndusInd Bank, Bharti Airtel, Axis Bank, ICICI Bank and Kotak Mahindra Bank were the biggest losers. In terms of sectors, healthcare, metal, PSU Bank, oil & gas, and realty increased by 0.5-1 %, while the bank index decreased by 1 % and the capital goods index dropped by 0.4%. The midcap and smallcap indices of the BSE increased by 0.5 % each.