On June 27, the Nifty reached 24,000 points while the Sensex rose 567 points, breaking records.

The BSE Sensex and NSE Nifty50 reached historic highs on June 27, 2024. The Sensex peaked at 79,396 after crossing 79,000. The Nifty50 topped 24,000 at 24,087. After the June F&O series, the Nifty rose over 7%.

Current Market Performance

The Sensex closed at 79,243 points, up 569 points or 0.72%, and the Nifty at 24,045 points, up 176 points or 0.74%. Second-fastest 1000-point gain in NSE history took 23 sessions. Key stocks’ outstanding performance drove this gain.

Top gainers

In the leading indices, UltraTech Cement, JSW Steel, NTPC, TCS, Infosys, Tech Mahindra, Kotak Bank, Reliance Industries, Power Grid, Tata Motors, and HUL gained up to 5%. Improvements in these significant firms show good performance and investor confidence.

Sectoral indices

The Nifty IT index climbed 2%, reflecting strong IT stocks. The Nifty PSU Bank index fell 0.9%, indicating sector problems.

Bigger markets

Despite Quant Mutual Fund debacle, major markets performed unevenly. The BSE MidCap index rose 0.17% and the BSE SmallCap index decreased 0.57%, showing volatility and investor anxiety in smaller enterprises.

Key Highlights

Corporate profits, global optimism, and good domestic economic indicators drove the historic stock market surge. Investor optimism is shown by record Sensex and Nifty gains.

Brand Finance Director Savio D’Souza remarked, “This historic Sensex and Nifty surge shows the Indian economy’s resilience and growth potential.” Strategic actions by key players and market optimism have accelerated this trajectory.”

A Market Outlook

As markets recover, economists anticipate robust fundamentals and investor confidence to sustain growth. They predict volatility due to global economic instability and domestic policy changes.


The Sensex and Nifty hit historic highs on June 27, 2024. Important sector and stock increases show the Indian stock market’s strength. “This historic surge in the Sensex and Nifty is a testament to the resilience and growth potential of the Indian economy,” stated Savio D’Souza. Investors will try to maintain this trend while navigating fresh challenges in future trading sessions.

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