Stock Market Update: Sensex, Nifty End Flat as Investors Weigh In on Sides

Sensex, Nifty ended flat on Tuesday after a record-breaking rally, as investors preferred to remain on the sidelines awaiting further triggers. After trading in the positive territory for the most part of the trade, the 30-share BSE Sensex declined 33.49 points or 0.04 per cent to settle at 76,456.59 due to fag-end selling. During the day, it jumped 370.45 points or 0.48 per cent to 76,860.53. In a volatile trade, the NSE Nifty ended marginally up by 5.65 points or 0.02 per cent at 23,264.85. Sensex and Nifty hit their all-time high levels in the early trade on Monday.

The rupee settled for the day lower by 6 paise at 83.56 (provisional) against the US dollar on Tuesday, weighed down by a muted trend in domestic equities and the strength of the American currency in overseas markets. Forex traders said the US dollar strengthened due to increased demand from oil importers and stronger-than-expected economic data from the US. Moreover, elevated crude oil prices also weighed on the local unit.

June 11, 2024 16:18Currency market today: Rupee falls 6 paise to close at 83.56 against US dollar

Major gainers on the NSE include- Oil and Natural Gas corporation (5.54%), Tata Motors (1.88%), Larsen and Toubro (1.53%), Adani Ports (1.33%), Hero MotoCorp (1.19%). Major Losers include, Kotak Mahindra Bank (-1.50%), Divis laboratories (1.38%), Dr Reddy Lab (-1.10%), Reliance (-1.09%), Sun Pharma (0.90%)

June 11, 2024 15:25Share market live news: Dredging Corporation hits upper circuit on securing ₹2,016 crore order

The company has received a contract from Syama Prasad Mookerjee Port Authority (SMPA), pertaining to the maintenance dredging in the Hooghly Estuary, primarily focusing on the shipping channel leading to Haldia Dock.

June 11, 2024 15:40Closing bell: Sensex, Nifty end flat amid mixed global cues

India's equity benchmarks BSE Sensex and NSE Nifty closed on a flat note on Tuesday, tracking mixed global cues. While the Sensex closed 33.49 points, or 0.04%, lower at 76,456.59, the broader Nifty50 gained 5.65 points, or 0.02%, at 23,264.85, show provisional data on the exchanges.

June 11, 2024 15:32Stock Market Live Today: Vedanta Ltd.’s shares up 0.75% on BSE

Vedanta Ltd.’s Cairn Oil & Gas branch commenced commercial ASP flooding operation in the Mangala oil field, Rajasthan. This initiative aims to enhance oil recovery from the mature field by injecting polymers and surfactants. The project is expected to increase recovery by up to 20% in the targeted area. The shares were up by 0.75% to Rs 447.70 on the BSE.

June 11, 2024 14:53Stock Market Live Today: NBCC (India) bags ₹878.17 crore worth of work orders

NBCC (India) Limited announced the receipt of work orders totaling ₹878.17 crore. The awarded

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