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Closing Bell: Nifty 50 and Sensex Closed Higher, Metal Stocks Shine

05 November 20243 mins read by Angel One
31 out of the 50 stocks were trading in the green. JSW Steel, Tata Steel, and Hindalco were the top gainers on the NSE.
Closing Bell: Nifty 50 and Sensex Closed Higher, Metal Stocks Shine
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On November 05, 2024, the Indian equity indices ended in green. Nifty 50 was up 0.91% and settled at 24,213.30 while Sensex was up 0.88% to 79,476.63. Nifty Bank was up 1.94% to 52,207.25. The volatility indicator Nifty VIX was down 4.08% to 16.01, reflecting a fall in volatility.

Sectoral Performance

Nifty Metal, Nifty Financial Services, Nifty Auto gained the most with a rise of 2.84%, 1.98%, and 1.13%, respectively.  Nifty FMCG and Nifty Media fell 0.34% and 0.23%, respectively.

Top Gainer and Losers

JSW Steel, Tata Steel, Hindalco, Bajaj Auto and Axis Bank were the top gainers for the day, while Trent, Adani Ports, Asian Paints, ITC, and Infosys were the top losers on the NSE.

Oil Prices 

On November 05, 2024, at 04:10 PM, Brent Crude stood at $75.48, reflecting a rise of 0.53%. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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