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Indices likely to open lower amid weak global cues; oil prices fall


June 19, 2023 / 07:17 AM IST

Market on Friday:

The markets closed at record high levels on June 16 as Nifty 50 gained 137.90 points to close at 18,826. The Sensex gained 466.95 points to end at 63,384.58.

Market capitalisation of BSE listed companies increased by Rs 2.07 lakh crore to Rs 292.8 lakh crore compared to Rs 290.7 lakh crore on June 15. Nifty 50 is now only 63 points away from an all-time high level.

The previous record-high close was on December 1, 2022, when Nifty ended at 18,812.50 and Sensex at 63,284.19.

The top gainers of the day were HDFC Life, SBI Life Insurance, Bajaj Finserv, Dr Reddy’s Laboratories and Titan Company, while the top losers were Wipro, Bajaj Auto, TCS, BPCL and ONGC.

Among sectors, the PSU Bank index was up 1.4 percent, Capital Goods index up 1 percent, and FMCG, Healthcare were up 0.5 percent each. However, the Information Technology index was down 0.38 percent. The Nifty FMCG and Nifty Infra indices hit all-time highs intra day.

Meanwhile, BSE midcap and smallcap indices rose 0.7 percent each.



Read More: Indices likely to open lower amid weak global cues; oil prices fall

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