Stock Market Highlights: October 7, 2024 – On Monday, benchmark equity indices reversed their early gains and ended the session in the red, driven by a broad-based sell-off across various sectors. The BSE Sensex declined by 638.45 points, or 0.78%, closing at 81,050. Similarly, the NSE Nifty50 fell by 218.85 points, or 0.87%, finishing the week’s first trading day at 24,795.75.
Bearish sentiment dominated Dalal Street, with 40 of the 50 Nifty50 constituent stocks closing in negative territory. Leading the declines were Adani Ports, BEL, NTPC, Coal India, and Adani Enterprises, with losses extending up to 4.29%.
The broader markets also took a hit, with midcap and smallcap stocks suffering the most. The Nifty Midcap 100 slid 2.01%, while the Nifty Smallcap 100 tumbled by 2.75%, reflecting widespread pressure across the market.
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