Sensex jumps 443 points, Nifty climbs 140 points to reclaim 24,000 mark, markets end higher with gains of nearly 0.6%

Indian stock markets ended the trading session on a strong note on July 1, with both the benchmark indices posting gains of nearly 0.6 percent. Buying interest remained steady through most of the day, helping the indices stay above their previous closing levels despite some late profit booking.

The BSE Sensex closed at 76,922.64, rising 443.97 points, or 0.58 percent, from its previous close of 76,478.67.

The Nifty 50 settled at 24,005.85, gaining 140.10 points, or 0.59 percent, over its previous close of 23,865.75.

Sensex trades in a wide range

The Sensex opened at 76,545.21 and touched an intraday high of 77,110.08. The day’s low stood at 76,538.37.

The index remained positive for most of the trading session. It crossed the 77,000 level during the day before giving up some gains in the final hour due to profit booking. Even after the slight pullback, the index finished comfortably higher than the previous close.

Nifty regains the 24,000 level

The Nifty opened at 23,897.65 and moved between a low of 23,895.10 and a high of 24,049.90.

The index traded above the important 24,000 mark for most of the afternoon. Although it slipped slightly from the day’s peak before the close, it managed to end above the psychological 24,000 level, reflecting positive market sentiment.

Trading remains positive

Both benchmark indices showed steady buying throughout the day. The gains suggest investors remained confident, with the markets maintaining upward momentum despite some selling pressure towards the end of the session.

According to the market data, the Sensex is still below its 52-week high of 86,159.02, while its 52-week low stands at 71,545.81.

Similarly, the Nifty’s 52-week high is 26,373.20, while its 52-week low is 22,182.55.

The day’s performance indicates that the broader market remained stable, with benchmark indices ending the session firmly in positive territory.