On December 30, 2024, the Indian stock market ended the week’s first session in the red. The BSE Sensex dropped 450.94 points (0.57%) to close at 78,248.13. Throughout the session, it moved between 79,092.70 and 78,077.13.
Similarly, the NSE Nifty50 slipped 168.50 points (0.71%) to end at 23,644.90 after trading in the range of 23,915.35 to 23,618.90.
Mixed Performance in Broader Markets
The biggest losers included Bharat Electronics, Hindalco, Tata Motors, Trent, and ONGC, with losses of up to 2.76%.
On the positive side, Adani Enterprises, HCL Tech, Tech Mahindra, Apollo Hospitals, and IndusInd Bank were among the 11 gainers, rising up to 7.51%.
The India VIX rose 5.55% to 13.97 points, signalling increased uncertainty in the markets.
The session ended on a bearish note, with most sectors, including banking and auto, witnessing a dip.
Sectoral markets showed mixed results on Monday. Nifty PSU Bank, Auto, Financials, Media, Metals, and Realty indices were the biggest losers, falling by up to 1.87%. In contrast, Nifty FMCG, IT, Pharma, Healthcare, and Telecom indices bucked the trend, ending in the green with gains of up to 1.62%.
As of December 30, 2024, at 03:52 PM, Brent Crude was trading at $73.98, down by 0.26%.
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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