Sensex, Nifty updates on 25 June 2024: BSE Sensex advanced by 712.44 points, or 0.92 per cent, to close at 78,053.52 on Tuesday, while NSE Nifty50 ended at 23,721.30, higher by 183.45 points, or 0.78 per cent. 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.
