Stock Market LIVE updates: Smallcaps shine as benchmarks log new highs; Chennai Petro, MTNL zoom 11% | News on Markets

Stock market LIVE updates today, Tuesday, July 16, 2024: Indian benchmark indices — BSE Sensex and NSE Nifty50 — hit fresh record highs on Tuesday, in the intraday trade, amid the ongoing June quarter (Q1FY25) results season.

The BSE Sensex hit a new lifetime high of 80,895.6, surpassing the previous high of 80,875 touched in July 12, 2024. The Nifty50, on the other hand, hit a new high of 24,661.

Stocks of Bharti Airtel, Infosys, Tata Steel, Tech M, M&M, HUL, and ICICI Bank, which added between 0.5 per cent and 2 per cent, supported the frontline indices. 

In the broader markets, the BSE MidCap, and SmallCap indices, too, edged up to 0.56 per cent higher on Tuesday.

Among key sectoral indices on the NSE, the Nifty Realty was the top gainer (up 1.3 per cent), and the Nifty PSU Bank was the top loser (down 0.26 per cent).