After closing on a record high, can markets sustain this momentum? in fact , the Sensex, Nifty & Midcap Index Ended At Record Closing Highs. Midcap Index Hits Intra-day Record High For 4th Straight Session, but Nifty Bank Continues To Underperform. Across the globe, S&P 500 and NASDAQ closed at record highs on easing inflation data, in Asian the Bank of Japan's decision is pending. Back home, Selling was seen In FMCG Names Continues, HUL, Marico & Dabur Top Losers, but why have FMCG stocks lost favour so soon? Also, the cement sector and consolidation is what Moneycontrol's Stacy Pereira will discuss with Raja Venkatraman, Co-Founder NeoTraders and market expert, Anshul Saigal on Opening Bell

#sharemarket #stockmarket #marketopening


Nifty continues to move sideways within a narrow range, resisting near the 23,400 zone. Sector-wise, media, PSU banks, energy, infra, and metals were among the major gainers, while FMCG was among the major laggards in trade on June 12. INDIAVIX cool-off to 14.46 levels, indicates less intraday volatility. Across the globe, the Federal Reserve held interest rates steady at their current range of 5.25% to 5.5%. Jerome Powell said, the central bank does not yet have the confidence to cut rates, even as inflation has eased from its peak levels. Moneycontrol's Stacy Pereira speaks with Peter Cardillo from Spartan LLP, Osho Krishan, Sr. Analyst, Technical & Derivative Research at Angel One Ltd and Kunal Valia, Founder Stat Lane on Opening Bell.
#sensex #nifty #openingbell #markets

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