Stock Market Today: Sensex, Nifty end higher amid positive global cues; BSE Midcap hits all-time high
Sensex closed 119 points, or 0.19 per cent, higher at 62,547.11 while the Nifty ended at 18,534.10, up 46 points, or 0.25 per cent.
Frontline indices the Sensex and the Nifty resumed their upward march after two days of losses on Friday (June 2) in light of positive global cues as investors' risk appetite improved after the US passed US debt ceiling legislation, averting US default. Moreover, the market sentiment was also underpinned were signals that the US Fed may not hike rates at its next meeting on June 13-14.
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