{"id":66722,"date":"2024-06-06T04:38:03","date_gmt":"2024-06-06T04:38:03","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/06\/stock-market-today-bse-sensex-rises-over-400-points-nifty50-above-22700-times-of-india\/"},"modified":"2024-06-06T04:38:03","modified_gmt":"2024-06-06T04:38:03","slug":"stock-market-today-bse-sensex-rises-over-400-points-nifty50-above-22700-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/06\/stock-market-today-bse-sensex-rises-over-400-points-nifty50-above-22700-times-of-india\/","title":{"rendered":"Stock market today: BSE Sensex rises over 400 points; Nifty50 above 22,700 &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/i0.wp.com\/static.toiimg.com\/photo\/msid-110753120,imgsize-135888.cms?resize=1280,720&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Stock market today: BSE Sensex rises over 400 points; Nifty50 above 22,700 &#8211; Times of India\" title=\"Stock market today: BSE Sensex rises over 400 points; Nifty50 above 22,700 &#8211; Times of India\" \/><\/div>\n<div>Stock market today<!-- -->: <!-- -->BSE Sensex<!-- --> and Nifty50, the Indian equity benchmark indices, surged in trade on Thursday. While BSE Sensex moved near 74,800, <!-- -->Nifty50<!-- --> was above 22,700. At 9:16 AM, BSE Sensex was at 74,798.72, up 416 points or 0.56%. Nifty50 was at 22,737.05, up 117 points or 0.52%.<br \/>Top gainers<!-- --> on Sensex 30 at 9:20 AM were, NTPC, SBI, Tech Mahindra, Power Grid, Wipro, HCL Tech and Tata Steel.<!-- -->The <!-- -->top losers<!-- --> on Sensex 30 were HUL, Nestle India, Sun Pharma, Asian Paints, UltraTech Cement, Titan and Bajaj Finance.<br \/>The Indian stock market experienced a strong rebound on Wednesday as sentiments improved following the confirmation that the NDA will form the government for a third consecutive term.<br \/>&#8220;In the very near term, we expect the market to remain obsessed with government formation exercises, with a keen eye on key cabinet portfolios such as Finance, Defense, Roads, Energy, Commerce, and Railways. With election overhang done, we expect the focus to revert to fundamentals,&#8221; said Yashovardhan Khemka, Senior Manager, Research &amp; Analytics at Abans Holdings.<br \/>The market is expected to remain range-bound in the short term, with the Nifty likely to trade between 21,300 and 23,000, according to an ET report. The India VIX, a measure of market fear, dropped significantly by 29.4% to settle at 26.75 levels.<br \/>Asian markets showed positive signs, with the Hang Seng futures rising 0.5%, Japan&#8217;s Topix increasing 0.5%, Australia&#8217;s S&amp;P\/ASX 200 gaining 0.6%, and Euro Stoxx 50 futures climbing 1.5%. In the US, the S&amp;P 500 and Nasdaq indexes reached record closing highs, primarily driven by technology stocks.<br \/>Oil prices rose in early Asian trading on Thursday, supported by expectations of a potential Federal Reserve interest rate cut in September and a rebound from a selloff related to growing US inventories and an OPEC+ plan to increase supply.<br \/>Foreign portfolio investors (FPIs) were net sellers, offloading shares worth Rs 5,656 crore on Wednesday, while domestic institutional investors (DIIs) also sold shares worth Rs 4,555 crore. The rupee recovered 7 paise to close at 83.44 against the US dollar, supported by strong buying in domestic equities and lower crude oil prices in international markets.<\/div>\n<p><script>!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n          var s = document.createElement('script');\n          s.src=\"https:\/\/survey.survicate.com\/workspaces\/0be6ae9845d14a7c8ff08a7a00bd9b21\/web_surveys.js\";\n          s.async = true;\n          var e = document.getElementsByTagName('script')[0];\n          e.parentNode.insertBefore(s, e);\n        })(window);\n      }\n    }\n    window.TimesApps = window.TimesApps || {};\n    var TimesApps = window.TimesApps;\n    TimesApps.toiPlusEvents = function(config) {\n      var isConfigAvailable = \"toiplus_site_settings\" in f && \"isFBCampaignActive\" in f.toiplus_site_settings && \"isGoogleCampaignActive\" in f.toiplus_site_settings;\n      var isPrimeUser = window.isPrime;\n      if (isConfigAvailable && !isPrimeUser) {\n        loadGtagEvents(f.toiplus_site_settings.isGoogleCampaignActive);\n        loadFBEvents(f.toiplus_site_settings.isFBCampaignActive);\n        loadSurvicateJs(f.toiplus_site_settings.allowedSurvicateSections);\n      } else {\n        var JarvisUrl=\"https:\/\/jarvis.indiatimes.com\/v1\/feeds\/toi_plus\/site_settings\/643526e21443833f0c454615?db_env=published\";\n        window.getFromClient(JarvisUrl, function(config){\n          if (config) {\n            loadGtagEvents(config?.isGoogleCampaignActive);\n            loadFBEvents(config?.isFBCampaignActive);\n            loadSurvicateJs(config?.allowedSurvicateSections);\n          }\n        })\n      }\n    };\n  })(\n    window,\n    document,\n    'script',\n  );<\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/stock-market-today-bse-sensex-nifty50-june-6-2024-dalal-street-modi-lok-sabha-election-results-nda-government\/articleshow\/110752947.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in trade on Thursday. While BSE Sensex moved near 74,800, Nifty50 was above 22,700. At 9:16 AM, BSE Sensex was at 74,798.72, up 416 points or 0.56%. Nifty50 was at 22,737.05, up 117 points or 0.52%.Top gainers on Sensex 30 at 9:20 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":66723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/photo\/msid-110753120,imgsize-135888.cms","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[1604,1600,289,273,62898,1602,8334,59301,1597,1607,45875,8241,1605,1601,1594,272,1603,62897,62896],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/66722"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=66722"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/66722\/revisions"}],"predecessor-version":[{"id":66724,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/66722\/revisions\/66724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/66723"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=66722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=66722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=66722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}