How was Indian Stock Market on 21 June 2024
On 21 June 2024, the Sensex and Nifty indices saw a halt in their upward trajectory, with both succumbing to selling pressure influenced by a bearish trend in global markets.
Also Read: When Swiggy IPO is Coming and Growth Ambition (investonomic.co.in)
The BSE Sensex dropped by 269.03 points to close at 77,209.90, ending its six-day winning streak. Meanwhile, the Nifty reached an all-time high of 23,667.10 before sliding 65.90 points to settle at 23,501.10. Sectors like oil & gas, capital goods, and FMCG witnessed decreased investor interest.
Also Read: शून्य निवेश; बिजनेस आइडिया और निष्पादन रणनीति रणनीति (investonomic.co.in)
Among the Sensex constituents, UltraTech Cement, Larsen & Toubro, and Reliance Industries were among the top losers, while Bharti Airtel, Infosys, and Tata Consultancy Services recorded significant gains. Foreign institutional investors were net buyers of equities worth Rs 415.30 crore.
The global oil benchmark Brent crude also experienced a decline, impacting market dynamics.