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July 4, 2024
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Stock Market Live Updates: Sensex Jumps Over 200 Points, Nifty Above 24,000

Sensex Today: After starting on a muted note, Indian benchmark indices were trading with a decent uptick on Monday. The BSE Sensex was up 200 points at 79,200 levels, while the Nifty50 held above the 24,050 mark.

Maruti, JSW Steel, Bharti Airtel, Tata Steel, Ultratech Cement, Nestle India and Mahindra and Mahindra trading with slight gains on Sensex, whereas Kotak Bank, Asian Paints, Titan, Powergrid and NTPC remained the top losers.

On Nifty 50 Bajaj Auto and Hero MotoCorp were among the top five leaders while Apollo Hospitals, L&T and HDFC Life among others led the losses.

Broader indices retained optimism on Friday morning, with the MidCap index rising 0.25 and the SmallCap index above 0.69 per cent.

Global Cues

Asia-Pacific markets staged a varied show on Monday morning as investors evaluated China’s official June business activity data and Japan’s business confidence readings.

Japan’s Nikkei 225 climbed 0.42 per cent, while the broader Topix index rose by 0.52 per cent. In contrast, South Korea’s Kospi edged down 0.27 per cent, though the Kosdaq, which focuses on small-cap stocks, gained 0.79 per cent.

Australia’s S&P/ASX 200 declined by 0.49 per cent. Meanwhile, Hong Kong markets were closed on Monday for a public holiday.

On Friday, in the US, the S&P 500 declined by 0.41 per cent, while the Nasdaq Composite fell 0.71 per cent. Both indices had reached new all-time intraday highs earlier in the session before retracing. The Dow Jones Industrial Average also dropped, falling by 0.12 per cent.

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