logo
Stock Market Updates: Sensex Gains Over 100 Points, Nifty Above 24,600; Honasa Up 3%

Stock Market Updates: Sensex Gains Over 100 Points, Nifty Above 24,600; Honasa Up 3%

News184 days ago

Last Updated:
Sensex rises over 150 points, Nifty above 24,650 in pre-open session
Sensex Today: Benchmark indices opened slightly higher on Thursday amid weak global cues. The BSE Sensex was trading around 81,136, up 137 points or 0.17%, while the Nifty50 stood at 24,658, gaining 38 points or 0.15% in early session deals.
In broader markets, the Nifty MidCap and Nifty SmallCap indices rose 0.32% and 0.5%, respectively.
Sector-wise, Nifty Pharma and Nifty Realty led the gains, each up 0.6%, while Nifty FMCG lagged as the top loser, slipping 0.24%.
Global cues
Asia-Pacific markets showed a mixed performance on Thursday, weighed down by weak US private sector hiring data that raised concerns about trade policy uncertainty in the world's largest economy.
According to payroll firm ADP, US private sector employment increased by only 37,000 in May—the slowest pace in over two years and well below the expected 110,000 rise forecast by Dow Jones economists. April's payroll growth was also revised down to 60,000.
On Wall Street, the Dow Jones dropped 0.22%, while the S&P 500 inched up 0.01%, and the Nasdaq rose 0.32%.
First Published:
June 05, 2025, 09:15 IST

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India holds the top spot in our EM playbook: Bernstein's Venugopal Garre
India holds the top spot in our EM playbook: Bernstein's Venugopal Garre

Business Standard

time2 hours ago

  • Business Standard

India holds the top spot in our EM playbook: Bernstein's Venugopal Garre

Garre tells that improving macro conditions and lower earnings risk make this a good time to start evaluating bottom-up opportunities in quality midcaps Listen to This Article Mid and smallcap stocks took a beating during the market correction earlier this year. Venugopal Garre, managing director and India head of research at Bernstein, tells Puneet Wadhwa in an email interview that improving macro conditions and lower earnings risk make this a good time to start evaluating bottom-up opportunities in quality midcaps. His December 2025 Nifty target is 26,500. Edited excerpts: It has been a choppy year for equities globally. Which camp are you in — the bulls or the bears? Globally, we expect continued volatility as policy uncertainty remains high, particularly with ongoing US-China trade negotiations and shifting

Street signs: Nifty 50 on blade's edge, Swiggy's oven is hot, and more
Street signs: Nifty 50 on blade's edge, Swiggy's oven is hot, and more

Business Standard

time2 hours ago

  • Business Standard

Street signs: Nifty 50 on blade's edge, Swiggy's oven is hot, and more

The market rebound from April lows has turned attention to capital market-linked stocks. BSE, Central Depository Services, and DAM Capital Advisors have each jumped over 30 per cent in the past month Samie Modak Sundar Sethuraman Listen to This Article Nifty 50 on blade's edge: Breakout or breakdown? The Nifty 50 index rose 1 per cent last week, closing at 25,003, but trailed emerging market (EM) peers as the MSCI EM Index climbed over 2 per cent. Trading above its 20-day simple moving average (SMA) of 24,800, the index has remained in a consolidation range for several weeks. Analysts say a breakout above 25,100 could lift the index to 25,400–25,500, reinforcing its upward trend. A slip below 24,800, however, could sour sentiment, potentially pushing the index to retest 24,500. 'The 20-day SMA at 24,800 is a key marker. Holding above

Demat accounts grow by 2.2 million in May, total hits 196.6 million
Demat accounts grow by 2.2 million in May, total hits 196.6 million

Business Standard

time2 hours ago

  • Business Standard

Demat accounts grow by 2.2 million in May, total hits 196.6 million

May snaps a four-month slide with 2.2 million new accounts, pushing the total towards 200 million Listen to This Article About 2.2 million new dematerialised (demat) accounts were opened in May, raising the total to 196.6 million as stock prices continued their upward trend. This marks the first monthly increase in new account openings since December 2024, following a steady decline from January through April. Industry experts project the total to surpass the 200-million milestone by mid-July. The stock market ecosystem attracted fresh investors amid a share price rally. In May, Indian equities extended their gains, with the benchmark Nifty and Sensex each rising nearly 2 per cent. Broader markets outperformed — the Nifty Midcap 100 climbed 6.1 per cent,

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store