Banking Sector Holds Steady While Auto & FMCG Drag the Sensex and Nifty

Updates on the Stock Market in Real Time, Tuesday, October 29, 2024

The Indian fairness benchmarks, BSE Sensex and Nifty 50, started Tuesday, October 29, 2024, on a subdued note, with both indices barely within the purple. At the outlet bell, the BSE Sensex stood at 79,983.5, down by 21.55 points or 0.03%, while the Nifty 50 declined by using 15 factors or 0.06%, landing at 24,324.

In the BSE Sensex lineup of 30 stocks, the handiest 5, including NTPC with a gain of 2.1%, ICICI Bank, Larsen & Toubro, SBI, and Nestle India, have been trading definitely. Losses had been led through Mahindra & Mahindra, down by 2.12%, alongside Bharti Airtel, Infosys, Axis Bank, and Bajaj Finserv.

On the Nifty 50, 15 out of 50 shares have been within the inexperienced. Eicher Motors led with a 1.95% increase, followed by NTPC, BEL, ICICI Bank, and Larsen & Toubro. Key decliners blanketed Mahindra & Mahindra, down 2.17%, with Bharti Airtel, Axis Bank, Tech Mahindra, and Britannia Industries also buying and selling lower.

Sector-smart, Bank Nifty noticed an uplift of 0.27%, with marginal gains in monetary offerings. The Media, PSU Bank, Private Bank, and Realty indices confirmed strength, even as the Auto index skilled the sharpest dip, observed by FMCG, IT, Metal, Pharma, and Healthcare sectors.

In broader markets, the Nifty Midcap a hundred rose by 0.13%, and the Nifty Smallcap one hundred won zero.17%, signaling careful optimism amid broader marketplace actions.