Stock Market Live Updates: Sensex up 360 Points; Nifty above 24700, Realty and Pharma are Key Gainers

Stock Market Live Updates: Nifty and Sensex opened on a positive note after the Gift Nifty indicated a steady start to the Indian stock market today, following a positive close on Dalal Street on Wednesday. Nifty 50 closed nearly 0.32% higher at 24620 points. At the same time, BSE Sensex closed with gains of 260 points at 80998.25.

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The United Stock markets ended Wednesday's session with mixed performance as investors feared the continued impact of trade policy uncertainty on the US economy. Meanwhile, Asian stock market indices indicated mixed performance for the stock market today.

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Nifty IT, railway, bank, FMCG, metal, pharma, all the sectoral indices ended Wednesday's trading session in green. "Broader market witnessed buying interest with Nifty Midcap100 and Smallcap100 gaining 0.4-0.5% each. India's service sector showed steady growth in May, with the services PMI recorded at 58.8, marginally up from 58.7 in April. With the 3-day monetary policy meet beginning today, investors will be closely tracking RBI's interest rate decision on Friday," noted Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd.

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