Market Overview of Sujata Muguda for Business News for Profit 13th Dec

Stock Market Highlights: Sensex and Nifty End the Week on a Positive Note

Indian fairness markets wrapped up the final buying and selling session of the week on high notice, getting better from early losses to shut within the inexperienced. The BSE Sensex surged by 843.16 factors or 1.04%, finishing at 82,133.12. Throughout the day, the index oscillated between an excessive of 82,192.61 and a low of 80,082.82

The Nifty 50 additionally published profits, rising 219.60 factors or 0.89% to close at 24,768.30. The index hit an intraday high of 24,792.30, at the same time as the day’s low stood at 24,180.80.

Market Movers
The day ended firmly in the choice of the bulls, with 41 out of 50 Nifty shares ultimately inside the inexperienced. Top gainers covered:

Bharti Airtel
ITC
Kotak Mahindra Bank
Hindustan Unilever
UltraTech Cement
These stocks registered gains of up to 4.44%.

On the flip facet, 9 shares ended within the red, led by using:

Shriram Finance
Tata Steel
Hindalco
IndusInd Bank
JSW Steel
Losses in these counters extended up to 2.44%.

Volatility Index
The market’s worry gauge, India VIX, which measures volatility, dipped by 1.04% to settle at thirteen.05, indicating an exceedingly calmer buying and selling consultation.

Broader Markets and Sectoral Performance
In the broader market, performance became muted:

Nifty Midcap a hundred edged lower through 0.05%

Nifty Smallcap a hundred fell through 0.30%

Sectoral indices showed a combined trend:

Gainers:

Nifty FMCG
IT
Consumer Durables
Financials
These sectors registered profits of up to at least 1.29%.

Losers:

Nifty Media
Metal
Pharma
PSU Bank
Realty
Healthcare
These indices ended the day within the purple.

Market Outlook
The markets showcased resilience by reversing early losses and ending on a nice word, supported with the aid of gains in FMCG, IT, and financial shares. However, the wider market’s subdued performance and mixed sectoral trends mirror cautious optimism.

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Disclaimer
The statistics furnished in this news article are for informational features and must no longer be construed as economic recommendations. The inventory marketplace is concerned with dangers, and beyond overall overall performance does not assure destiny outcomes. Always behavior thorough studies and are searching for advice from an authorized financial advertising representative earlier before making any investment selections.