Stock Market Today: Sensex and Nifty Surge, Against GIFT Nifty’s Dip!

Stock market today: BSE Sensex opened above 78,100 and Nifty50 near 23,750, showing resilience despite a 36-point drop in GIFT Nifty, showing a positive market start.
Stock Market Today: Sensex and Nifty Surge, Against GIFT Nifty's Dip!

Today’s trading session saw India’s key stock indices, BSE Sensex and Nifty50, open positively. The Sensex crossed the 78,100 mark, while the Nifty50 was close to 23,750, indicating a strong start despite a lackluster opening reflected by the GIFT Nifty’s 36-point drop.

Adani Ports has announced leadership changes; Sushant Kumar Mishra resigned as CEO of Logistics due to restructuring within the company. He will be replaced by Divij Taneja effective June 25, reflecting ongoing adjustments in the management structure.

ZEE Entertainment has been granted permission by the NCLT to retract its earlier application for a Composite Scheme of Arrangement with Culver Max Entertainment and Bangla Entertainment. This allows ZEE to pursue other legal avenues if necessary, ensuring corporate flexibility.

As of early morning, the BSE Sensex had climbed to 78,184.59, up by 131 points, while the Nifty50 had edged up to 23,736.70, gaining 15 points. This upward movement suggests a continued positive sentiment among traders.

The market gains from the previous day carried over, with the Sensex and Nifty setting new all-time highs, bolstered by significant performances in the IT and financial sectors. This rally follows RBI’s positive report on a substantial current account surplus and heavy investment inflows.

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