Indian Stock Markets End Higher on June 20, 2024; Broader Markets Outperform

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Indian Stock Markets End Higher on June 20, 2024; Broader Markets Outperform

June 20, 2024

Thursday's trading session on the Indian stock market was a rollercoaster ride, with indices swinging between gains and losses throughout the day. Investors adjusted their positions in anticipation of the weekly F&O expiry, leading to increased volatility.

The BSE Sensex, after fluctuating by 543 points during the day, finally closed 141 points or 0.18% higher at 77,479. Similarly, the Nifty50 oscillated within a range of 182 points before settling at 23,567, marking a gain of 51 points or 0.22%.

Among the top gainers on the Nifty50 were Grasim, Hindalco, JSW Steel, BPCL, Adani Ports, Kotak Bank, Reliance Industries, L&T, HUL, and Coal India. These stocks witnessed gains of up to 2%.

The broader markets outperformed the frontline indices, with the BSE MidCap and SmallCap indices registering gains of 0.55% and 1%, respectively.

Sectoral performance was mixed, with the Nifty Metal index leading the gainers with a 1.8% rise. The Nifty Realty and Nifty Private Bank followed closely with gains of 2% and 1.16%, respectively. On the flip side, the Nifty Auto index declined by 0.45%.