Sensex up 64 pts, Nifty below 23,200 amid broad based selling

The domestic share market erased most of its intraday gains, with Sensex recording marginal gains and Nifty slipping into the red, amid broad-based selling pressure across sectors, except FMCG and private banks.At close, the Sensex was up 64.42 points or 0.09 percent at 73,983.18, and the Nifty was down 27.15 points or 0.12 percent at 23,214.95.
Nestle India, Axis Bank, Kotak Mahindra Bank, Hindustan Unilever, and ICICI Bank were the top gainers on the Nifty, while losers included Coal India, Hindalco Industries, Infosys, ONGC, and Eternal.On the sectoral front, FMCG and private banking stocks outperformed, whereas all other major indices ended in the red, with media, realty, energy, metal, oil & gas, and PSU bank indices falling 1-2%.Broader markets underperformed, with the Nifty Midcap and Nifty Smallcap indices declining around 1.5% and 1.3%, respectively.
Rupee Close:
On 10 Jun'26,the Indian rupee appreciated 14 paise to close at 95.27  against the US dollar on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit.Forex traders said the rupee pared its initial losses and settled on a positive note as Brent crude oil prices and the US dollar index retreated from their elevated levels.Moreover, likely intervention from the Reserve Bank of India (RBI) also supported the domestic unit at lower levels.
Trading Guide:
Market experts recommended buying these five breakout stocks on Wednesday: Sumeet Bagadia recommends five shares to buy today — City Union Bank, Syrma SGS Technology, Aster DM Healthcare, Sai Life Sciences, and Chennai Petroleum.

(Business Correspondent)