D-Street At Record High: Sensex At 77,000; Nifty Above 23,400 For The First Time – News18

Sensex Today: Indian bourses opened in green on Monday morning, with BSE Sensex and Nifty50 benchmarks hitting record highs. The BSE Sensex climbed 387 points to 77,079 levels, while the Nifty50 was 0.39 per cent at 23,411 levels.

Powergrid, NTPC, SBI, Tata Motors, Axis Bank and Ultratech Cement were the top gainers on Sensex, whereas TCS, Wipro, Infosys and Tech Mahindra were among top losers.

On Nifty 50 Cipla and Adani Ports were among the top five gainers while LTIMindtree was among the top losers.

Broader indices outperformed the benchmarks with MidCap index rising 1.07 and the SmallCap index above 1.27 per cent.

Among indices, Nifty PSU Bank, Nifty Real, and Nifty Oil and Gas shot up by 2.13 per cent, 1.80 per cent and 1.14 per cent, respectively. On the other hand, Nifty IT was the only index trading in red down 1.04 per cent.

Global Cues

Markets in Asia-Pacific staged a mixed trend on Monday following a robust US jobs report last Friday, an increase in hiring as well as wage growth during May. Meaning, the Federal Reserve is not in a hurry to reduce interest rates.

Traders anticipate that the Federal Open Market Committee will refrain from cutting rates during its upcoming meeting this week or at the subsequent gathering in July.

Japan’s Nikkei 225 was up 0.47 per cent increase, whereas the broader Topix index saw a rise of 0.68 per cent. Conversely, South Korea’s Kospi experienced a 0.90 per cent decline, while the small-cap Kosdaq slipped by 0.42 per cent.

Several Asian markets are closed for a holiday on Monday, including Australia, mainland China, Hong Kong, and Taiwan.