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Stock Market Highlights, June 13: Sensex, Nifty end listless session with minor gains; VIX down 6%

Stock Market Highlights on June 13: The BSE Sensex ended 204 points higher (at 76,811), while the Nifty closed 76 points up (near 23,400)

Image SI Reporter New Delhi
stock market, BSE

Photo: Bloomberg

Closing Bell on Thursday, June 13, 2024: Benchmark indices were listless in trade on Thursday, after hitting record highs earlier in the session.

The BSE Sensex, which hit a lifetime high of 77,145.5, closed at 76,811, up 204 points or 0.27 per cent. The Nifty50, on the other hand, ended at 23,399, up 76 points or 0.33 per cent. It touched a record high of 23,481.05 today.

Gains in M&M, Titan Company, L&T, IndusInd Bank, Tech M, Ultratech Cement, Wipro, and TCS lent support to the frontline indices.

In the broader markets, the BSe MidCap, and SmallCap indices ended 0.89 per cent and 0.89 per cent higher, respectively.

Among sectors, the Nifty Bank, and Private Bank indices ended up to 0.12 per cent lower on profit booking, while the Nifty FMCG dipped 0.7 per cent. On the upside, the Nifty Realty index added 2 per cent. 

3:54 PM

Tech View :: 'Decisive break above 23,500 to take Nifty to 23,800'

Nifty remained sideways following a gap-up start. The index has been consistently flat for the last four days, indicating a pause before a sharp move. The direction of this move is not yet known, at least not before any directional breakout.

From here, a decisive move above 23,500 might lead to the covering of call writing, which could take the index higher towards 23,800. On the lower end, support is placed at 23,300, below which the index might weaken.

Views by: Rupak De, Senior Technical Analyst, LKP Securities
3:47 PM

Comment :: 'Seeing time-wise correction in Nifty'

We are seeing a time-wise correction in the Nifty index, with indications suggesting the current trend will continue. We reiterate our recommendation to focus on stock-specific trading, particularly in themes such as agriculture-related, sugar, chemicals, and select defense stocks for long positions

Views by: Ajit Mishra – SVP, Research, Religare Broking Ltd.
3:43 PM

Currency check :: Rupee ends flat at 83.54/$ against Wednesday’s close

3:40 PM

Broader markets :: Optimism continues in mid, smallcaps

3:39 PM

Sectoral trends :: Realty index outshines peers, rises 2%

3:38 PM

Sensex Heatmap :: 10 losers on index vs 20 gainers

3:37 PM

Closing Bell :: Nifty ends tad below 23,400

3:37 PM

Closing Bell :: Sensex ends below 77,000

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First Published: Jun 13 2024 | 7:30 AM IST

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