Indian Stock Market Extends Gains for Fifth Straight Session; Sensex Jumps 254 Points
New Delhi, 18 June (H.S.): The Indian equity markets continued their upward momentum for a fifth consecutive trading session on Thursday, supported by easing geopolitical tensions and a decline in crude oil prices, which boosted investor sentimen
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New Delhi, 18 June (H.S.):

The Indian equity markets continued their upward momentum for a fifth consecutive trading session on Thursday, supported by easing geopolitical tensions and a decline in crude oil prices, which boosted investor sentiment.

The domestic benchmarks closed in the green, with the Sensex gaining 254 points and the Nifty advancing 82 points.

At the close of trading, the 30-share BSE Sensex settled at 77,409.98, up 254.36 points or 0.33 per cent. During the session, the index touched an intraday high of 77,492.33 and a low of 76,953.

Similarly, the NSE Nifty 50 ended at 24,168, rising 82.30 points or 0.34 per cent.

Among Sensex constituents, major gainers included InterGlobe Aviation (IndiGo), Trent, Bharat Electronics, NTPC, State Bank of India, and HDFC Bank. However, shares of Infosys, Tech Mahindra, Maruti Suzuki, and Tata Consultancy Services closed in the red.

This marked the fifth straight day of gains in the domestic markets. During this rally, the Sensex has surged a total of 3,577.43 points, while the Nifty has gained 1,006.4 points.

In global markets, South Korea’s KOSPI and Japan’s Nikkei ended higher, while China’s Shanghai Composite and Hong Kong’s Hang Seng closed lower. European markets were trading mixed in afternoon sessions.

In the commodities market, Brent crude fell 2.23 per cent to settle at $77.78 per barrel amid easing tensions in West Asia.

On Wednesday, the Sensex had risen 347.14 points to close at 77,155.62, while the Nifty had gained 97 points to end at 24,085.70.

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Hindusthan Samachar / Jun Sarkar


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