Sensex Rises By 57.81 Points To End On Flat At 62,845; Nifty Above 18,600 As IT Stocks Stay Under Pressure

Sensex Rises By 57.81 Points To End On Flat At 62,845; Nifty Above 18,600 As IT Stocks Stay Under Pressure

Ultratech and Tata Motors led the pack of gainers, while IT majors Infosys, TCS and Tech Mahindra were the biggest losers.

FPJ Web DeskUpdated: Tuesday, June 06, 2023, 03:41 PM IST
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Ahead of US Federal Reserve and Reserve Bank of India's meetings to decide on rate hikes, Sensex went up marginally by 57.81 points to end the day at 62,845.30. Nifty also stayed in the green above 18,600 points, as repo rates are expected to be left unchanged.

Although auto and real estate made gains, pressure on IT stocks went up as the US job market remained tight.

As a result, Ultratech and Tata Motors led the pack of gainers, while IT majors Infosys, TCS and Tech Mahindra were the biggest losers.

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