Stock Market Highlights – Friday, January 10, 2025
Indian markets witnessed a decline for the second consecutive consultation, wrapping up the week on a downbeat notice on Friday. The 30-percentage Sensex fell 241.30 points, or 0.31%, closing at 77,378.91. Throughout the day, the index fluctuated among a low of 77,099.55 and a high of 77,919.70.
The NSE Nifty50 also closed in the poor territory at 23,431.50 after losing 95 points, or 0.40%. The index reached a top of 23,596.60 at some point in the trading session before dipping to a low of 23,426.55.
Out of the 50 stocks comprising the Nifty50, 36 ended decrease, with considerable losses suggested by way of Shriram Finance, Adani Enterprises, IndusInd Bank, NTPC, Bharat Electronics, and Ultratech Cement. In assessment, TCS, Tech Mahindra, HCL Tech, Wipro, and Infosys were among the 14 stocks that controlled to shut in the green, with gains accomplishing up to 6%.
In the broader markets, the Nifty Midcap100 noticed a decline of 2.08%, completing at 54,585.75, whilst the Nifty Smallcap100 saw a drop of 2.61%, finishing at 17,645.55.
Sector-sensible, the Nifty IT index became the handiest sector to file profits, hovering by using 3.44%. Conversely, the Media sector fell by 3.59%, accompanied by way of Realty at 2.77%, PSU Bank at 2.72%, and Healthcare at 2.21%, reflecting a typical bearish sentiment within the markets. The Metals and Financials sectors also confronted stress, contributing to the bad market fashion.
Disclaimer: This article is for informational purposes and needs to no longer be considered economic advice. Always discuss with a certified monetary guide earlier than making funding decisions.
+ There are no comments
Add yours