Real-time Stock Market updates for Tuesday, December 3, 2024

Indian benchmark fairness indices, BSE Sensex and Nifty 50, were trading higher on Tuesday, supported via effective global sentiment.

At 10:00 AM, the BSE Sensex rose with the aid of 231 points (0.29%) to attain 80,479.05, at the same time as the Nifty 50 superior through 60 points (0.25%) to 24,336.

Out of the 30 parts of the Sensex, 18 stocks were bought and sold in the inexperienced. Adani Ports & SEZ led the profits, mountaineering at 2.50%, observed by using JSW Steel, HDFC Bank, SBI, and Tata Steel. On the drawback, ITC declined the most, down by 2.85%, observed using Bharti Airtel, Sun Pharma, Kotak Mahindra Bank, and Titan.

On the Nifty 50, 36 of the 50 shares registered profits. JSW Steel rose 2.39%, main the percentage, followed by Shriram Finance, Adani Ports & SEZ, HDFC Bank, and ONGC. Among the laggards, ITC dropped 2.37%, with Bharti Airtel, Tata Consumer, Sun Pharma, and Power Grid Corp additionally within the purple.

Sectoral Highlights
The FMCG sector led the losses, declining by way of 1.33%, observed through Consumer Durables, Pharma, and Healthcare. Conversely, the PSU Bank index became the pinnacle gainer, growing 1.38%, with the Metal, Realty, and Oil indices also trading better. The Nifty Bank and Financial Services indices recorded profits properly.

Broader Market Movement
The Nifty Midcap 100 won 0.45%, at the same time as the Nifty Smallcap one hundred changed with the aid of 0.40%, reflecting a robust performance in the broader markets.

Global Influence and Market Outlook
Overnight gains within the S&P 500 and Nasdaq, which reached sparkling record highs, reinforced marketplace sentiment locally. Investors are intently looking at the Reserve Bank of India’s Monetary Policy Committee (MPC) assembly, with a coverage decision expected on Friday, December 6.

In the intervening time, stock-precise activity is anticipated to dominate buying and selling as worldwide cues stay favorable.

Disclaimer:
Investments in the stock marketplace are a problem of marketplace dangers. The above statistics are for instructional and informational purposes and have to not be taken into consideration as economic recommendations. Please seek advice from a certified financial advisor earlier than making any investment decisions.