Indian Stock Market Soars to Record Highs on June 7th, 2024

Indian stock markets closed on a buoyant note on Friday,

June 7th, 2024, with both the Sensex and Nifty achieving record highs.

Key Highlights:

 

Sensex 2024 06 07 20 11 56
SENSEX_2024-06-07 close

Sensex: The Sensex surged a massive 1,619 points to settle at a record closing of 76693.This marks a significant gain and surpasses the previous record.
Nifty: The Nifty index also followed suit, closing of 23,290, inching closer to its own record territory.

Top Gainers: M&M and Wipro were among the top gainers, both rising by over 5%.

Additional Information:

Zee Entertainment Enterprises was placed under F&O ban due to exceeding market-wide position limits, but remained available for trading in the cash market.
Several companies, including Indian Bank and Himadri Speciality Chemical, traded ex-dividend today.

Positive Outlook:

The market continued the positive momentum witnessed earlier in the week, with analysts attributing it to various factors.

Disclaimer:

This report is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.

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