July 14, 2024

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MARKET LIVE: Sensex surges 550 pts; Metal, Pharma indices gain 2% each

Dwell market updates: Indian equities scaled new history peaks on Monday as Jerome Powell’s speech past Friday advised fascination fee hike in the US could be afterwards than formerly thought.

The frontline S&P BSE Sensex strike a new superior of 56,734 while the Nifty50 touched sixteen,881 levels. The two the indices afterwards scaled down to 56,712 and sixteen,878 levels, up 587 factors and 173 factors, respectively.

In the broader marketplaces, the BSE MidCap and SmallCap indices received 1 for every cent each. Sectorally, the Nifty Metal index state-of-the-art 2 for every cent, followed by the Nifty Realty index, up 1.6 for every cent.