Market Overview of Sujata Muguda for Business News for Profit 23 Dec

Stock Market Highlights: Monday, December 23, 2024

Indian benchmark indices, Sensex and Nifty, ended their 5-day losing streak to close in the green all through Monday’s buying and selling session.

The BSE Sensex rose 498.58 points, or 0.64%, to settle at 78,540.17, even as the NSE Nifty 50 received one hundred 65 points, or zero.95%, final at 23,753.45.

Performance on BSE Sensex:
Out of 30 stocks, 20 closed in high-quality territory. Top gainers protected ITC, Tech Mahindra, HDFC Bank, Reliance Industries, and IndusInd Bank. Major laggards had been Zomato, Maruti, and HCL Tech.

Performance on NSE Nifty 50:
The consultation preferred the bulls, with 32 out of 50 shares ultimately better. JSW Steel, ITC, and Hindalco led the profits, whilst Hero MotoCorp, Maruti, and HCL Tech emerged as the top losers.

Broader Market Performance:
Broader indices underperformed their benchmark counterparts. The BSE Midcap Index controlled a modest gain of zero.10%, whereas the BSE SmallCap Index declined by 0.60%.

Sectoral Performance:
Most sectors resulted in fantastic territory, with exceptions being Nifty Media, Healthcare, and Auto, which closed inside the purple. Nifty Realty outperformed, hiking 1.77%, followed using Nifty Bank (up 1.10%), Nifty FMCG (up 0.96%), and Nifty Financial Services (up 0.82%).

The consultation meditated a rebound in investor sentiment, with Realty, Banking, and FMCG stocks leading the marketplace healing.

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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 overall performance does not assure destiny outcomes. Conduct thorough studies and search for advice from an authorized financial advertising representative before making any investment selections.