Flat Closing of Sensex and Nifty Up Only 5 Points

The share market closed with a boom on June 6, 2023. The Sensex closed at a level of 62,792.88 points with a gain of about 5.41 points, while Nifty closed at 18,599.00 points with a gain of 5.20 points. A total of 3,659 companies traded on the BSE, out of which about 2,000 shares closed with gains and 1,532 shares with a decline. Meanwhile, 127 companies saw no difference in their share prices, while 207 stocks closed at the upper level of 52 weeks. On the other hand, 31 stocks closed at their 52-week low.

Top Gainers of Nifty

  • Shares of UltraTech Cement closed at Rs 8,109.55, up nearly Rs 228
  • Shares of Devi Labs closed at Rs 3,537.90, up nearly Rs 76
  • Shares of Grasim closed at Rs 1,766.40, up nearly Rs 32
  • Axis Bank shares closed at Rs 968.20, up nearly Rs 17
  • Shares of Kotam Mahindra closed at Rs 1,959.05, up nearly Rs 34

Nifty Top Losers

  • Tech Mahindra’s scrip closed at Rs 1,086.25, down nearly Rs 23
  • Infosys shares closed at Rs 1,279.00, down nearly Rs 26
  • TCS shares closed at Rs 3,232.30, down nearly Rs 57
  • ONGC’s scrip closed at Rs 153.65, down nearly Rs 2
  • Wipro shares closed at Rs 399.95, down nearly Rs 4

Know When the Sensex and Nifty Started

The Sensex is an index of the Mumbai Stock Exchange (BSE) prepared in 1986. Since then, it is considered an important index globally. Sensex consists of 30 BSE companies and is now calculated on the basis of free float market capitalization-weighting methodology. On the other hand, Nifty is the flagship index of the National Stock Exchange (NSE) made by including the top 50 companies of NSE. The base year of Nifty is 1995 and in Nifty-50, the top 50 companies of NSE are selected on the basis of free float market cap figures.

How to Buy Shares from Share Market

Opening a demat and trading account with a stockbroker is the first step to invest in the stock market. PAN, Aadhaar, and bank account are required to open a demat and trading account. Investing in the stock market can be started easily by opening an account with a broker.

English Summary

On June 6, 2023, the Sensex closed with a gain of 5 points and Nifty up 5 points. A total of 3,659 companies traded on the BSE, with about 2,000 shares closed with gains and 1,532 shares with a decline. Moreover, the rupee strengthened by 6 paise to close at Rs 82.60 against the dollar.

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