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Sensex gains 700, media, realty stocks shine

The benchmark equity indices concluded Thursday's trading session on a high note, with the BSE Sensex and NSE Nifty 50 both ending in the green.

News Arena Network - Mumbai - UPDATED: June 6, 2024, 05:52 AM - 2 mins read

The benchmark equity indices concluded Thursday's trading session on a high note, with the BSE Sensex and NSE Nifty 50 both ending in the green.

Sensex gains 700, media, realty stocks shine


The benchmark equity indices concluded Thursday's trading session on a high note, with the BSE Sensex and NSE Nifty 50 both ending in the green.

 

The NSE Nifty 50 surged by 201.05 points, or 0.89%, to close at 22,821.40.

 

Meanwhile, the BSE Sensex saw a substantial increase, climbing 692.27 points, or 0.93%, to finish at 75,074.51.

 

Market analysts observed that the broader indices also performed well, with gains predominantly driven by Large-cap and Midcap stocks.

 

The Bank Nifty index closed higher by 237.30 points, or 0.48%, settling at 49,291.90.

Sector-wise, Media and Realty stocks were the top performers, significantly outpacing other sectors.

 

However, not all sectors experienced gains; Pharma and FMCG stocks saw a decline during today's trading.

 

The positive sentiment in the market was driven by investor optimism and strong performances from leading companies in the Media and Realty sectors.

 

Market experts suggest that the momentum could continue if the current economic indicators remain favorable.

 

As always, investors are advised to keep a close watch on market trends and consult with financial advisors to navigate the dynamic market environment effectively.

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