📷 Image Credits: The Times of India
The Indian equity benchmark indices, S&P BSE Sensex and NSE Nifty 50, opened in red on Tuesday, June 11, 2024, as global cues weighed on market sentiment without any major trigger for a rally. At the opening bell, BSE Sensex was down 33.93 points (0.04 percent) at 76,456.15, while NSE Nifty was down 14.65 points (0.06 percent) at 23,244.55. Ten out of the 30 stocks on the BSE Sensex, including Asian Paints, Kotak Mahindra Bank, Reliance Industries, Bharti Airtel, and JSW Steel, were trading in the red. On the other hand, Larsen & Toubro, Mahindra & Mahindra, UltraTech Cement, Tata Steel, and NTPC were among the top gainers. Fifteen of the 50 stocks on the NSE Nifty 50 were trading in the red. According to reports, Kotak Mahindra Bank, Dr. Reddy’s, Shriram Finance, Bharti Airtel, and BPCL were the top drags on the Nifty 50, while ONGC, Britannia Industries, Larsen & Toubro, Mahindra & Mahindra, and UltraTech Cement were among the top gainers. The lack of any significant trigger for a rally combined with global cues led to the cautious opening on the stock market today.
