28 Jun, EOD - Indian

SENSEX 79032.73 (-0.27)

Nifty 50 24010.6 (-0.14)

Nifty Bank 52342.25 (-0.89)

Nifty IT 36157.5 (0.09)

Nifty Midcap 100 55736.9 (0.56)

Nifty Next 50 71523.45 (0.26)

Nifty Pharma 19731.55 (1.11)

Nifty Smallcap 100 18317.7 (0.84)

28 Jun, EOD - Global

NIKKEI 225 39583.08 (0.61)

HANG SENG 17718.61 (0.01)

DOW JONES 39346.71 (0.47)

S&P 5516.28 (0.61)

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(24 Jun 2024, 17:06)

Barometers inch up despite early dip, budget hopes fuel sectoral churn

Domestic stocks clawed their way back after a shaky start today, closing with modest gains. The Nifty 50 even dipped to 23,350 in early trade but recovered by midday, fueled by auto, consumer durables, and FMCG stocks. Sectoral shuffling was seen as investors weighed pre-budget expectations and hunted for bargains. The Sebi's probe into Quant Mutual Fund cast a minor shadow, but overall, the mood was cautiously optimistic.

The barometer index, the S&P BSE Sensex, was up 131.18 points or 0.17% to 77,341.08. The Nifty 50 index rose 36.75 points or 0.16% to 23,537.85.

M&M (up 2.69%), ICICI Bank (up 1.03%) and HDFC Bank (up 0.40%) boosted the indices.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.37% and the S&P BSE Small-Cap index adde...

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