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HomeMarket NewsStock Market Highlights: Indices close higher after a rangebound session, Nifty above 24,600
By CNBCTV18.COM | Jun 4, 2025 3:47 PM IST (Updated)
Sensex Today | Stock Market Highlights: The Sensex rose 261 points to settle at 80,998, while the Nifty added 78 points to end at 24,620. The Nifty Bank index gained 77 points to close at 55,678, and the Nifty Midcap index surged 408 points to 57,925.
Sensex Today | Stock Market Highlights: The Indian market ended higher today after a largely rangebound session, with the Nifty closing above the 24,600 mark and broader markets continuing to outperform the benchmarks.
Quick-service restaurant (QSR) stocks witnessed strong buying interest, with Swiggy jumping 9% and Eternal Foods rising over 3%. Bharti Airtel advanced 2% following a positive brokerage note, while HDFC Bank closed 1% higher after SEBI approved the ₹12,500 crore IPO of its subsidiary, HDB Financial Services.
On the downside, AB Fashion slumped more than 10% after block deals worth nearly ₹1,000 crore. Alkem Laboratories and Tata Technologies also declined, while IEX managed to close in the green despite witnessing major block deals.
Shipbuilding and rail-related companies continued to attract buying interest. Garden Reach Shipbuilders climbed 6% and Cochin Shipyard added 3%. Among railway stocks, Ircon, Railtel, and RVNL rallied between 6% and 14%. Reliance Infrastructure soared 11% after the NCLAT suspended an insolvency order passed by the NCLT. PI Industries gained over 4% after its largest customer, Kuimai, raised its outlook.
