• Source:JND
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Stock Market Closing:  Benchmark equity indices Sensex and Nifty touched new all-time highs on Thursday, driven by robust buying in heavyweight stocks amid the recent surge in foreign fund inflows. The 30-share BSE Sensex climbed for a sixth straight session, 141.34 points or 0.18 percent, ending at a fresh closing peak of 77,478.93. During the day, it jumped 305.5 points or 0.39 percent to 77,643.09.

The NSE Nifty rose 51 points or 0.22 percent to settle at a new closing high of 23,567. During the day, it rallied 108 points or 0.45 percent to 23,624.

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Among Sensex pact, JSW Steel, Hindustan Unilever, Reliance Industries, ICICI Bank, Tata Steel, Axis Bank, Asian Paints, and Kotak Mahindra Bank, were the top gainers. While, Sun Pharma, NTPC,  Mahindra & Mahindra, Wipro, State Bank of India, and PowerGrid were among the losers.

In the Asian markets, Seoul and Tokyo settled in the green zone, while Shanghai and Hong Kong ended lower. Markets in Europe were trading in positive territory. The US markets were closed on Wednesday for Juneteenth. According to stock exchange data, foreign institutional investors (FIIs) purchased equities worth Rs 7,908.36 crore on Wednesday. Brent crude, the global benchmark, climbed 0.16 percent to $85.21 per barrel.

The Bahrain Stock Exchange Index climbed for a fifth successive session on Wednesday, adding 36.45 points or 0.05 percent to end at 77,337.59 points. However, the Nifty index closed at 23,516, down 41.90 points or 0.18 percent. During the day, it rose 106.1 points or 0.45 percent to 23,664.

Rupee Falls to record low

The rupee weakened by 17 paise to end at its two-month low of 83.61 (provisional) against the US dollar on Thursday amid a rise in crude oil prices due to renewed geopolitical tensions in the Middle East, even as domestic equity markets scaled new peaks. Forex traders said the inflow of foreign capital and positive momentum in the domestic stock markets failed to support the domestic unit which succumbed to pressure due to the strength of the US currency against its major peers overseas.

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(With PTI's Input)