The Sensex is trading up by 0.27 per cent trading at 82,587 while the Nifty is also up by 0.30 per cent and is trading below the 25,400 level. 

August 20, 2024 - Broader Indices Show Strength as Financial and Banking Stocks Lead Market Upsurge

Sensex and Nifty climb as power, oil, and gas stocks surge.

With 1,289 shares rising on the NSE and 1,192 shares declining, the advance-decline ratio, which strongly favoured advances in the first half of the trading session, became neutral.

Broader indices also echoed the positive sentiment, with the Nifty Mid-cap index gaining 0.25 per cent and the Nifty Small-cap index advancing 0.38 per cent. However, market volatility, as measured by the India VIX, surged by 2.10 per cent, indicating a rise in market fluctuations.

On Wednesday, BSE Sensex reached its all-time high level of 63,588.

Continuing the positive trend from the previous week, the market is expected to open slightly higher on June 19. The SGX Nifty, which opened the session at 18,927 points, indicates a positive start for the benchmark indices with a gain of 6 points. In early trade today, SGX futures reached a high of 18,975.

On June 15, the market is expected to open slightly lower based on the negative start indicated by the SGX Nifty. The benchmark indices are projected to begin with a loss of 11 points, having initially opened the session at 18,777 points. During early trade on June 15, SGX futures reached a high of 18,859.

On Wednesday, the SGX Nifty suggests a slightly positive opening for the benchmark indices, with a 48 point increase. The SGX futures are currently at 18,833.

On June 13, markets are set to open higher as indicated by the SGX Nifty, which shows a positive start for the benchmark indices. The SGX Nifty gained 31 points, opening the session at 18,710, and reached a high of 18,746 in early trade on the same day.