{"id":24614,"date":"2023-06-19T14:40:53","date_gmt":"2023-06-19T18:40:53","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/d-street-posts-stellar-gains-last-week-nifty-smallcap-soars-3-trumps-headlines\/"},"modified":"2023-06-19T14:40:54","modified_gmt":"2023-06-19T18:40:54","slug":"d-street-posts-stellar-gains-last-week-nifty-smallcap-soars-3-trumps-headlines","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=24614","title":{"rendered":"D-Street Posts Stellar Gains Last Week, Nifty SmallCap Soars 3%, Trumps Headlines"},"content":{"rendered":"
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\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

By Malvika Gurung<\/p>\n

Investing.com —\u00a0The domestic market closed the June 16-ended week at record high levels, with benchmark indices making stellar gains.<\/p>\n

Headline index ended 0.74% higher at 18,826 levels on Friday, only a few points away from its all-time high of 18887.6 points, while added 137.9 points or 0.74%.<\/p>\n

For the week, the indices jumped 1.41% and 1.21%, respectively. Broader market indices outperformed the headlines in the week ended on June 16, 2023.\u00a0<\/p>\n

and indices trumped the benchmarks, topping nearly 3% each, up 2.85% and 2.9%, respectively during the week, while the broadest market index surged 1.91% last week.<\/p>\n

Sectoral indices and shone in the past week, soaring 3.74% and 3.35%, respectively, while Nifty Realty neared its 52-week high of 527.15 points.<\/p>\n

Compared to the two indices, the star sectoral index dropped 0.12% in the June 16-ended week.<\/p>\n

The week also turned out to be a highlight after the market capitalisation of all the BSE-listed companies on Dalal Street jumped by Rs 2.07 lakh crore to a record high of Rs 291.52 lakh crore on Thursday, surpassing its previous all-time high of Rs 291.25 lakh crore witnessed in December 2022.<\/p>\n

The combined market valuation rallied amid anticipations that a slowdown in inflation could lead to central banks globally skipping further interest rate hikes.<\/p>\n

As per market analysts, passive inflows on Friday on the back of rebalancing, majorly aided the Street\u2019s sentiments, as India\u2019s equity market was expected to witness a net inflow of $150-$200 million.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. By Malvika Gurung Investing.com —\u00a0The domestic market closed the June 16-ended week at record high levels, with benchmark indices making stellar gains. Headline index ended 0.74% higher at 18,826 levels on Friday, only a few points away from its all-time high of 18887.6 points, while added 137.9 points or 0.74%. For the week, […]<\/p>\n","protected":false},"author":1,"featured_media":24615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-24614","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nD-Street Posts Stellar Gains Last Week, Nifty SmallCap Soars 3%, Trumps Headlines | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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