On Thursday, October 31, 2024, the Indian inventory market noticed benchmark indices BSE Sensex and Nifty 50 buying and selling lower, stimulated by mixed international cues. At 10 AM, the Sensex had declined by way of 153.76 factors, or 0.19%, settled at 79,788.42, whilst the Nifty 50 became down 47.75 factors, or 0.02%, at 24,293. Market volatility is expected because of the monthly expiry of Nifty options contracts scheduled for today.
In the BSE Sensex p.C. Of 30 stocks, only eight were buying and selling within the inexperienced. Leading the gains had been Larsen & Toubro, which rose by using 5.41%, followed by Sun Pharma, Power Grid Corp, Tata Steel, and JSW Steel. Conversely, losses were ruled with the aid of Tech Mahindra, down 2.15%, with Infosys, TCS, Maruti Suzuki India, and Titan following carefully.
On the Nifty 50 index, 22 out of fifty stocks registered gains. Cipla led with a 7.53% leap, followed by Larsen & Toubro, Dr. Reddy’s, BPCL, and Hero MotoCorp. The pinnacle laggards covered Infosys, down 1.21%, along with Shriram Finance, Titan, HDFC Life, and BEL.
Sectorally, IT shares faced the maximum strain, with the IT index losing 1.72%. On the upside, the Healthcare and Pharma indices were the first-class performers, advancing through 1.13% and 1.18%, respectively. Other sectoral indices consisting of Bank Nifty, Financial Services, Auto, FMCG, Metal, Consumer Durables, and Oil noticed losses. However, Media and Realty indices published modest profits.
In the broader markets, performance became subdued because the Nifty Smallcap One Hundred index traded flat, and the Nifty Midcap One Hundred slipped by 0.39%. Overall, at the same time as select sectors witnessed gains, broader market sentiment remained careful amid international uncertainties and upcoming expiries.
+ There are no comments
Add yours