Market Overview of Sujata Muguda for Business News for Profit 9th Jan

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Stock Market Highlights: January nine, 2025
The Indian inventory markets closed on a bearish notice on Thursday, with benchmark indices BSE Sensex and NSE Nifty50 completing in the purple.

Benchmark Performance

BSE Sensex: Declined through 528.28 points or 0.68%, remaining at 77,620.21. The index fluctuated between an excessive of 78,206.21 and a low of 77,542.92 throughout the consultation.
NSE Nifty50: Dropped through 162.45 factors or 0.69%, ending at 23,526.50. The day’s buying and selling range for the index became between an excessive of 23,689.50 and a low of 23,503.05.

Nifty50 Overview

The consultation desired the bears, with 34 out of 50 stocks inside the Nifty50 index closing inside the crimson.

Top Losers: Shriram Finance, ONGC, Coal India, BPCL, and Tata Steel, with losses of up to 2.59%.
Top Gainers: Bajaj Auto, Nestle India, Hindustan Unilever, Britannia Industries, and Mahindra & Mahindra, which won up to 2.11%.

Broader Markets

Nifty Smallcap100: Fell 0.93%
Nifty Midcap100: Declined 1.35%

Sectoral Performance
All sectoral indices closed within the red, except for the Nifty FMCG Index, which managed to hold marginal gains.

Major Declines:

Nifty Realty Index: Down 2.73%
IT, PSU Banks, Financial Services, Consumer Durables, and OMCs: Each declined over 1%.
The market witnessed constant promoting pressure, reflecting weak investor sentiment across sectors and broader market indices.

Disclaimer:
The data furnished in this text is for informational functions and must no longer be considered as financial or investment recommendations. Stock market investments are situation to marketplace risks, and past performance isn’t indicative of future consequences. Readers are cautioned to conduct their research and talk with a certified financial consultant earlier than making any investment choices. The writer and the platform aren’t answerable for any losses incurred based totally on the facts supplied.

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