Market Update

Market benchmarks, the Sensex and the Nifty 50, extended gains for the third consecutive session on Friday, 3 July, with IT and pharma stocks as the top gainers, amid mixed global cues. The Sensex ended 262 points, or 0.34%, higher at 77,763.91, while the Nifty 50 rose by 95 points, or 0.39%, to end at 24,270.85. The mid and small-cap segments underperformed; the Nifty Midcap 100 index slipped by 0.19%, while the Smallcap 100 index inched up by 0.04%. With three consecutive sessions of gains, the Sensex has risen by nearly 1,300 points, or 1.7%. The NSE counterpart has risen by more than 400 points, or 1.7% in three days.