Market Overview of Sujata Muguda for Business News for Profit 7th Jan

Stock Market Highlights: Tuesday, January 7, 2025

Indian equity markets closed Tuesday’s trading session in positive territory, with both the Sensex and Nifty50 ending higher.

Key Indices Performance:
BSE Sensex: Gained 234.12 points (0.30%) to close at 78,199.11. It traded within a range of 78,452.74 (high) and 77,925.09 (low) during the session.
NSE Nifty50: Ended the day at 23,707.90, up 91.85 points (0.39%). The index touched a high of 23,795.20 and a low of 23,637.80.

Top Performers and Laggards on Nifty50:
Gainers:

ONGC (+3.79%)
SBI Life
Tata Motors
HDFC Life
Adani Enterprises

Losers:

Trent (-2.20%)
HCL Tech
TCS
Eicher Motors
Tech Mahindra

Broader Markets:
The Nifty Smallcap100 index outperformed, closing with a gain of 1.35%.
The Nifty Midcap100 index also advanced, posting a rise of 0.89%.

Sectoral Indices:
All sectoral indices, except Nifty IT, closed in the green.
Top-performing sectors included Nifty Metal, Healthcare, and Media, each recording gains of over 1%.
The market sentiment remained upbeat as gains in broader markets and sectoral indices bolstered investor confidence, with small-cap stocks leading the charge.

Look out for Business News For Profit’s marketplace and watch critiques for a deeper dive and expert perspectives in the marketplace’s country. In the inventory market’s ever-evolving panorama, our commitment to providing accurate and well-timed information will help manual traders make informed selections.

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; 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.