Indian stock markets remained in consolidation mode on Friday, October 11, 2024. The BSE Sensex closed at 81,381.36, down 230.05 points or 0.28%, while the NSE Nifty50 ended at 24,964.25, down 34.20 points or 0.14%.
Out of the major stocks, 13 of the 30 Sensex stocks and 22 of the 50 Nifty stocks ended in the negative zone. Key laggards included TCS, M&M, ICICI Bank, Maruti Suzuki, Power Grid, Cipla, Adani Enterprises, and Axis Bank, with declines ranging between 1% to 2%.
The losses were cushioned by gains in HCL Tech, Trent, Infosys, HUL, Bharti Airtel, and L&T.
In broader markets, BSE MidCap and SmallCap indices outperformed the benchmarks, each gaining 0.44%. Among sectoral indices, the Nifty Pharma index rose by 1.2%, followed by Nifty Metal at 0.94%. On the downside, the Nifty Bank index experienced the most decline, losing 0.7%.
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Disclaimer: The information provided is for educational and informational purposes only. It should not be considered financial or investment advice. Market investments involve risk, and individuals should consult their financial advisors before making decisions.
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