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Closing Bell: Sensex and Nifty End Week in Green; Pharma Leads Gains on December 27

27 December 20243 mins read by Angel One
On December 27, sensex rose 226 pts to 78,699; Nifty50 gained 63 pts to 23,813. Pharma led sectoral gains, while metals and PSU banks dragged markets lower.
Closing Bell: Sensex and Nifty End Week in Green; Pharma Leads Gains on December 27
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

The Sensex closed higher by 226 points, or 0.29%, at 78,699.07 in the final trading session of the week. The index moved within a range of 78,598.55 to 79,043.15 during the day. Similarly, the Nifty50 gained 63 points, or 0.27%, to settle at 23,813.40, with a high of 23,938.85 and a low of 23,800.60.

Top Gainers and Losers

Among Nifty50 constituents, 29 stocks ended higher. Dr Reddy’s Labs, Mahindra & Mahindra, IndusInd Bank, Eicher Motors, and Wipro were the top gainers, posting gains of up to 2.51%. 

On the other hand, 21 stocks, including Hindalco, Coal India, SBI, ONGC, and Tata Steel, closed lower, with losses extending up to 1.81%.

Sectoral Performance

Sectoral indices showed mixed trends. Nifty Pharma outperformed with a gain of 1.30%, followed by Nifty Auto and Nifty Healthcare, which rose by 0.97% and 0.80%, respectively. Meanwhile, indices such as Nifty Metal, Nifty PSU Bank, Nifty Realty, and Nifty Oil and Gas ended in the red, weighing on market sentiment.

Oil Prices

As of December 27, 2024, at 04:04 PM, Brent Crude was trading at $73.49, up by 0.34%.

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 own research and assessments to form an independent opinion about investment decisions.

 

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

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