June 28, 2023 / 07:24 AM IST

Market on Tuesday:

Smiles on the faces of traders returned on June 27 because the market noticed some shopping for within the second half of the day and benchmark indices moved greater, However, the Nifty once more did not breach the all-time excessive ranges, closing about 70 factors shy of the extent.

The largest driver of the market’s upward transfer was monetary companies shares. The Nifty Financial Services index additionally hit its all-time excessive degree. Banking and realty names have been additionally in demand. Some promoting was seen within the FMCG sector.

The Nifty 50 index rose to 18817.40, registering a achieve of 126.20 factors or 0.68 p.c. The 30-share flagship BSE Sensex zoomed 446.03 factors or 0.71 p.c to 63,416.03.

Among Nifty 50 index, HDFC Life Insurance climbed essentially the most at 5.5 p.c. Apollo Hospitals, SBI, JSW Steel and SBI Life Insurance have been different high gainers. Cipla was the highest loser, down over 1 p.c. Britannia, Tata Consumer, and Adani Ports have been different losers.

Among sectors, Nifty Financial Services added 1.37 p.c. Nifty Realty, Nifty Bank and Nifty PSU Bank have been others that rose greater than a p.c. Nifty FMCG dipped 0.07 p.c and Nifty Oil & Gas fell 0.01 p.c.