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Closing Bell: Markets End Higher! Nifty Settles above 23,300, Sensex Gains 454 points on Monday January 20, 2025

Updated on: Jan 20, 2025, 4:25 PM IST
On January 20, Sensex rose 454 points to close at 77,073, and Nifty gained 141 points to settle at 23,344, with Bank Nifty leading gains and closing at 49,350.
Closing Bell: Markets End Higher! Nifty Settles above 23,300, Sensex Gains 454 points on Monday January 20, 2025
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

The benchmark equity indices ended Monday’s trading session in the positive territory. The NSE Nifty 50 jumped 141.55 points or 0.61% to settle at 23,344.75, while the BSE Sensex gained 454.11 points or 0.59% to 77,073.44.

The broader indices ended in positive territory, with gains led by Mid-cap and Small-cap stocks. Banks and Financial Services stocks outperformed among the other sectoral indices while FMCG and Auto stocks gained.

Sectoral Index

Bank Nifty index ended higher by 810.20 points or 1.67% to settle at 49,350.80. The Nifty Midcap 100 zoomed 498.55 points, or 0.91%, ending the day’s trading at 55,106.20 In the broader markets, small-cap and mid-cap stocks finished in the green.

Top Movers on Monday, January 20, 2025

Kotak Mahindra Bank and Wipro shares surged by 9.06% and 6.58%, respectively, emerging as the top gainers on the NSE Nifty 50 index. They were followed by Bajaj FinanceBajaj Finserv, and NTPC, which also registered notable gains.

On the other hand, the top laggards included SBI Life InsuranceTrent, and Shriram Finance, each falling by around 2%, along with HDFC Life Insurance and Adani Ports and SEZ, which also ended the session in negative territory.

The Indian Volatility Index (India VIX) closed up by 4.23 % at 16.42.

Crude Oil 

WTI crude prices are trading at $77.67 down by 0.27%, while Brent crude prices are trading at $80.44 down by 0.43% on Monday, January 20, 202,5 at 4:05 PM (IST).

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 20, 2025, 4:25 PM IST

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