Last Updated: June 05, 2024, 09:51 IST
Share Market LIVE Updates: Despite mixed global cues, the Indian indices opened higher on June 5 with Nifty around 21,100. At open, Sensex was up 670.21 points or 0.93 per cent at 72,749.26, and the Nifty was up 209.00 points or 0.96 per cent at 22,093.50. About 1714 shares advanced, 678 shares declined, and 95 shares unchanged.
However, the benchmark indices have turned volatile.
This comes a day after experiencing most significant decline in over four years during the previous session. This rebound occurred amidst a narrow victory for Prime Minister Narendra Modi’s alliance, which sparked concerns regarding policy consistency.
ONGC, M&M, BPCL, HUL, Tata Steel were among major gainers on the Nifty.
Hindustan Unilever, M&M were the top gainers while Power Grid, Axis Bank were the top laggards on BSE.
Similarly, on NSE, Tata Steel, BPCL were the top gainers while Power Grid, Apollo Hospitals were the top laggards.
Broader markets tried to regain lost ground. Nifty SmallCap was up 0.32 per cent while MidCap rose 0.47 per cent.
Sectorally, Nifty FMCG led with over 2 per cent gains, followed by Auto (up 1.73 per cent). Metal was the only loser, dropping 0.36 per cent.