Share Market Highlights: 13 June 2024 – Sensex Soars, Nifty Approaches 23400

## Share Market Highlights: 13 June 2024 – Sensex Soars, Nifty Approaches 23400

[Sensex] and [Nifty] closed higher on Wednesday, driven by positive global cues and strong domestic economic data. The [BSE Sensex] gained 204 points, settling at 62,804, while the [NSE Nifty] climbed to 23,395, nearing the crucial [23400] mark.

Key Highlights:

Positive Global Cues: The [US markets] closed higher, buoyed by upbeat economic data, which fueled investor sentiment in the Indian markets.
Strong Domestic Economic Data: The [Indian economy] displayed robust growth, further supporting the bullish momentum in the market.
Sectoral Performances: [IT] and [Financial] sectors led the gains, while [FMCG] and [Metal] sectors witnessed some profit booking.
Top Gainers: [Reliance Industries], [HDFC Bank], and [Infosys] were among the top gainers, contributing significantly to the market’s upward trajectory.
Top Losers: [TCS], [ITC], and [Hindalco Industries] were among the top losers, experiencing some downward pressure.

Expert Views:

Market experts believe that the current positive trend is likely to continue, with the [Nifty] poised to reach [23400] in the coming days. However, they also caution against volatility due to upcoming [macroeconomic events].

Overall:

The Indian share market closed on a positive note, driven by strong domestic fundamentals and positive global cues. The market’s performance indicates a bullish sentiment, but investors are advised to exercise caution and remain vigilant in the face of potential volatility.

Keywords:

Sensex
Nifty
BSE
NSE
US markets
Indian economy
IT
Financial
FMCG
Metal
Reliance Industries
HDFC Bank
Infosys
TCS
ITC
Hindalco Industries
macroeconomic events