Stock Market Live Updates 25 June 2024: Sensex and Nifty trade higher, maintain narrow range near all-time highs

Sensex, Nifty, Share Prices LIVE: Indian benchmark indices, Sensex and Nifty, opened higher on Tuesday, maintaining a narrow range as investors await fresh triggers with indexes near all-time highs. At 10.14 a.m., the 30-share BSE Sensex rose 222.50 points to 77,563.58, while the NSE Nifty gained 59.05 points to 23,596.90. The Nifty closed 0.2% higher on Monday, within a 450-point trading range over the past 10 sessions, hitting a record high last Friday. According to Anand James, Chief Market Strategist at Geojit Financial Services, the market is likely to consolidate within a certain range, with minimal expectations of an upside break. The upside marker remains intact at a certain level, suggesting a possibility of a deeper fall. Traders are waiting for a trigger, noted Rajesh Bhosale from Angel One. Indian benchmarks have surged nearly 11% since June 4, with analysts warning of expensive valuations and a lack of catalysts. Emkay Global Financial Services sees limited near-term upside but views this as a pause in a long-term bull run. In global markets, Asian stocks were subdued, and the Nasdaq fell over 1% overnight. Foreign investors were net sellers on Monday for a second straight day, selling Rs 654 crore worth of shares, while domestic investors sold Rs 820 crore worth.