Stock Markets Update: Markets hit hat-trick record gains

Stock Markets continued to register huge gains again on 8th June

Stock Markets continued to register losses again on 07th June 2024. Majority of the session saw investors looking to invest largely in the big company stocks. Reliance, Mahindra & Mahindra, Infosys, Bharati Airtel stocks have driven the indices into huge profits from the morning.

Starting slightly above 75,000 mark, BSE kept attracting huge rally till the end of the session. NSE too has seen Nifty50 also performing well crossing 23,200 mark. Well, big indices of Stock Markets, BSE gained 1,618.85 points to close at 76,693.36 and Nifty gained 468.75 points to close at 23,290.15 mark.

In this session of Stock Markets, BSE Sensex started trading at 75,031.79 and then continued to trade between 74,941.88 – 76,795.31. On the other hand, Nifty Sensex started trading at 22,821.85 mark and it hit its highest for the day at 23,320.20. While Nifty50 has hit the lowest at 22,789.05.

Stock Markets continued to register gains for third consecutive session
Stock Markets continued to register gains for third consecutive session

Indian Rupee traded at Rs.83.38 against USD on 07th June 2024. Mahindra & Mahindra, Wipro, Tech Mahindra, Tata Steel, and Bajaj Finance ended as Top Gainers in BSE. While Mahindra & Mahindra, Wipro, Tech Mahindra, Infosys, and UltraTech Cement stocks ended as Top Gainers in Nifty50.

On the other hand in this session of Stock Markets; none of the stocks ended as Top Losers in BSE. But SBI Life and Tata Consumer Products ended as Top Losers in Nifty50. Experts predict a steady pattern to follow after huge volatility as NDA government, likely, a stable one is to form for the third time.

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