On Wednesday, January 1, 2025, the benchmark equity indices, BSE Sensex and NSE Nifty50, started the new year with gains.
The 30-share Sensex rose by 368.40 points, or 0.47%, closing at 78,507.41. During the session, the index traded between 78,756.49 and 77,898.30. Similarly, the Nifty50 index gained 98.10 points, or 0.41%, to settle at 23,742.90. The index reached a high of 23,822.80 and a low of 23,562.80 during the day.
Out of the 50 stocks in the Nifty50, 37 ended in the green. Maruti Suzuki India, Mahindra & Mahindra, Bajaj Finance, Larsen & Toubro, and Tata Motors were among the top gainers, with some seeing an increase of up to 3.01%.
On the other hand, 13 stocks in the Nifty50 ended in the red. Dr Reddy’s Labs, Hindalco, Adani Ports, ONGC, and Tata Steel were among the losers, with declines of up to 1.40%.
The broader markets also mirrored the benchmarks, with the Nifty Midcap100 and Nifty Smallcap100 indices rising by 0.44% and 1.02%, respectively.
Most sectoral indices on the NSE ended in the green, except for the Nifty Realty and Pharma indices. The auto sector was the top performer, with the Nifty Auto index climbing by 1.34%.
As of January 01, 2025, at 03:35 PM, Brent Crude was trading at $74.64, up by 0.88%.
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.
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