Image Source : INDIA TV Stock markets update for July 4, 2024.

Stock markets: Equity benchmark indices continued their record run as they opened higher in early trade on Thursday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed over 300 points to 80,343. Meanwhile, the Nifty was also up by 97 points to 24,383. This bullish trend continues from the June 10 rally, after which the Sensex has surged by more than 3,000 points to date.

In the Nifty 50 index, 34 shares opened in advance, while 14 shares declined. Among the top gainers in the Nifty 50 were Hindalco, ICICI Bank, Tata Motors, HCL Tech, and Mahindra & Mahindra. Conversely, HDFC Bank, Cipla, Dr Reddy’s, Shriram Finance, and Adani Entertainment were the top losers.

The broader market on the National Stock Exchange also showed positive momentum, with all indices, including Nifty Next 50, Nifty 100, and Nifty 200, opening with gains. In terms of sectoral performance, all indices except for the Nifty Healthcare and Nifty Pharma indices opened with gains, underscoring broad-based optimism in the market.