The Sensex has reached an unprecedented milestone, hitting 78,000 for the first time. Meanwhile, the Nifty index has scaled a new high, edging past 23,700. In contrast, the broader markets are experiencing a pause. The Nifty Midcap Index, after reaching a fresh high, has reversed its direction. The India VIX continues to strengthen, inching closer to 15, indicating increasing market volatility. Market breadth is leaning towards more losers than gainers. The Nifty Bank Index has surged to 52,000, recording an 800-point rally. Sectors such as auto, FMCG, metals, and realty are taking a breather. On the expiry day, Nifty Financial Services has gained nearly 2 percent. Catch Moneycontrol's Nandita Khemka in conversation with Ruchit Jain, Lead Research Analyst at 5Paisa.
first published: Jun 25, 2024 03:59 pm
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