Sensex, Nifty 50 snap 3-day losing run; investors earn ₹2 lakh crore— 10 key highlights from Indian stock market today
The Indian stock market ended in positive territory on Wednesday, June 4, with benchmarks the Sensex and the Nifty 50 snapping their three-day losing run amid positive global cues. The Sensex closed with a gain of 261 points, or 0.32 per cent, at 80,998.25, while the Nifty 50 ended the day at 24,620.20, up 78 points, or 0.32 per cent.
Mid and small-cap segments ended in the green, too, outperforming the benchmarks. The BSE Midcap and Smallcap indices closed 0.76 per cent and 0.58 per cent higher, respectively.
An across-the-board buying lifted the overall market capitalisation of BSE-listed firms to ₹ 445 lakh crore from ₹ 443 lakh crore in the previous session, making investors richer by about ₹ 2 lakh crore in a single session.
Indian stock market ended with gains after three days of losses, tracking positive global cues and a decline in the US dollar, even though uncertainty surrounding US-China trade negotiations persisted.
Market attention is centred on the RBI's monetary policy decision due Friday and the European Central Bank's (ECB) policy announcement on Thursday.
The RBI is expected to cut rates by 25 basis points, while the ECB is also widely anticipated to deliver a rate cut.
32 stocks ended higher in the Nifty 50 index, out of which Eternal (up 3.21 per cent), Jio Financial Services (up 2.36 per cent) and IndusInd Bank (up 1.79 per cent) ended as the top gainers.
(This is a developing story. Please check back for fresh updates.)
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