Stock Market Today Live Updates: Sensex and Nifty Reach New Highs, Top Gainers and Losers Revealed
In today’s stock market update, the Sensex and Nifty have reached new all-time highs, with investors earning nearly ₹7 lakh crore in a single day. The Sensex closed with a gain of 1620 points, or 2.16%, at 76,694.34, while the Nifty 50 closed at 23,267.75, up 446 points, or 1.96%.
Top gainers today included Mahindra & Mahindra, Wipro, SBI Life Insurance Company, and Tata Consumer, while top losers included ICICI Bank, SBI, and Federal Bank. Axis Securities has listed its top bank and NBFC picks post Q4 results, with ICICI Bank, SBI, Bank of Baroda, and Federal Bank leading the charge.
In the IPO news today, Kronox Lab Sciences IPO is set to list on June 10, with a strong response in subscription and a potential listing price of ₹169 per share. Bajaj Housing Finance IPO is also making waves, with Bajaj Finance planning to offload ₹3,000 crore worth of shares via OFS.
Experts recommend over 50% investment in equities for portfolio optimization, with allocations to gold and fixed income also suggested. Zerodha’s Nithin Kamath praises SEBI for making the Indian markets more investor-friendly, while Paytm share price hits a 10% upper circuit.
Overall, the stock market is showing positive signs, with various sectors and companies performing well. Stay tuned for more live updates on market movements and trends.
