Share Market Update: In today’s trading session, mid cap and small cap stocks have also seen a great growth.
Stock Market Closing On 7th June 2023: Today’s session was very good for the Indian stock market. Due to the buying of investors, both the major indices of the market closed close to their historical high levels. The star performer of today’s trading session has been the Nifty, which has managed to cross the 18,700 mark for the first time in 2023. So the Sensex crossed the figure of 63,000. And it is just a few distance away from its high level of 63,583.
At the end of today’s trading, the BSE Sensex closed at 63,182 with a gain of 390 points and the National Stock Exchange’s Nifty closed at 18,737 points with a jump of 138 points. Has managed to cross the figure of 8,700. Nifty is trading at 18,723 with a gain of 123 points. While the Sensex has gained 342 points and is trading at 63,137 points crossing the 63000 mark.
Sectoral Update
In today’s trade, there has been a rise in the shares of all sectors in the market. Banking, Auto, IT, Pharma, FMCG, Metals, Energy, Real Estate, Infra, Consumer Durables, Healthcare, Oil and Gas sector stocks have seen a tremendous growth. Nifty small cap and mid cap stocks also gained strongly. There was a jump of 354 points in the Nifty Midcap. Out of 30 Sensex stocks, 25 stocks closed up while 5 closed down. Whereas, out of 50 stocks of Nifty, 42 stocks closed up and 8 closed down.
| index name | closure level | high level | low levels | percentage change |
| BSE Sensex | 63,119.67 | 63,161.92 | 62,841.95 | 0.52% |
| BSE Small Cap | 31,534.54 | 31,565.16 | 31,262.26 | 1.15% |
| India VIX | 11.44 | 11.54 | 9.64 | 0.55% |
| NIFTY Midcap 100 | 34,390.10 | 34,417.95 | 34,150.40 | 0.01 |
| NIFTY Smallcap 100 | 10,555.55 | 10,561.55 | 10,459.10 | 1.35% |
| nifty smallcap 50 | 4,811.35 | 4,815.30 | 4,768.25 | 1.32% |
| Nifty 100 | 18,659.65 | 18,671.60 | 18,566.10 | 0.71% |
| Nifty 200 | 9,850.35 | 9,856.65 | 9,799.00 | 0.76% |
| Nifty 50 | 18,726.40 | 18,738.95 | 18,636.00 | 0.68% |
Rise in investor wealth
In today’s trade, there has been a spectacular jump in the wealth of the investors. The market cap of companies listed on BSE increased to Rs 289.07 lakh crore, which was Rs 286.62 lakh crore on Tuesday. That is, in today’s session, the wealth of investors has increased by Rs 2.45 lakh crore.
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