Today, the Indian stock market reached new peaks as both the Sensex and Nifty hit all-time highs, boosted by strong performances in the automobile and FMCG sectors. Nifty 50 closed above 24,400 for the first time at 24,433, gaining 113 points from yesterday, which is 0.46% from the previous day's close.
On Wednesday, Indian stock market indices closed slightly lower as investors booked profits. The Sensex reached a new high but later fell, ending at 79,924.77. Similarly, the Nifty 50 peaked before sliding to 24,324.45. Several sectors, including auto and IT, saw declines.
On July 11th, the BSE Sensex closed 27 points lower at 79,897, and the Nifty50 ended at 24,316, down 8.5 points. Meanwhile, mid and small-cap stocks outperformed these indices, and there was notable bullish activity in the oil and shipping sectors, driving specific stock gains.