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Sensex, Nifty trade at all-time highs

Jun 30, 2023

By: BlinkX Research Team

Equity benchmark indices continued their upward journey for the third session straight and touched record highs again on Friday, led by gains in Infosys, HDFC Bank, Reliance, and robust US jobs data. 

The BSE benchmark Sensex rallied 281.65 points, or 0.44% to 64,197.07, while broader NSE Nifty50 jumped 77.25 points, or 0.41% to 19,049.35, whereas BSE Sensex touched a high of 64,355.55 after opening, while Nifty50 touched a record high of 19,093.20.

On the sectoral front, all sectors in green in the opening session, Nifty IT jumped 1.02%, followed by Nifty Consumer Durables rising 0.75%, the PSU Bank index gained 0.72%, and Nifty Financial Services also jumped 0.55%.

Power Grid and Asian Paints were the top gainers, rising 2-3%. Infosys, Tata Motors, Titan, Wipro, Bajaj Finance, and IndusInd Bank rose in early trade on the BSE. On the flip side, only, Tata Steel, Nestle, and ICICI Bank are trading in the red.

On the international front, Japan's Nikkei share average fell on Friday, dragged down by heavyweight technology. The Nikkei index fell 0.53% to 33,058.99.

Further, the Indian rupee traded almost flat at 82.02 against the US dollar in early trade. 

Source: Media reports