Stock Market Highlights, Tuesday, October 15, 2024: BSE Sensex and NSE Nifty50 End Lower Amid Volatility
The benchmark equity indices BSE Sensex and NSE Nifty50 reversed early gains to close in the red, driven by a sell-off in key sectors. The BSE Sensex dropped by 152.93 points, or 0.19%, to settle at 81,820.12. Similarly, the NSE Nifty50 declined by 70.60 points, or 0.28%, to finish at 25,057.35.
The market was dominated by bears as 21 out of the 30 constituent stocks of the BSE Sensex ended in negative territory. Key losers included Bajaj Finance, Reliance Industries, Tata Steel, JSW Steel, and Tech Mahindra, with losses extending up to 2.47%. On the flip side, ICICI Bank, Bharti Airtel, Asian Paints, Adani Ports, and UltraTech Cement were among the 9 gainers, with gains reaching up to 1.95%.
In broader market performance, smallcap stocks outshined the benchmarks, with the Nifty Smallcap 100 index closing higher by 1.11%. The Nifty Midcap 100 also saw modest gains, ending up 0.21%.
Among sectoral indices, the Nifty Realty index outperformed all others, gaining 2.05%. FMCG, Consumer Durables, Bank Nifty, Media, and select healthcare stocks also posted positive results. However, Financial Services, IT, Metal, PSU Bank, Auto, and Oil Marketing Companies (OMC) indices ended lower.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. The stock market is subject to risks, and investors should consult with a certified financial advisor before making any investment decisions.
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