Stock Market: Closing Bell

Daily Market Updates Closing Bell
21

Closing Bell: Nifty 50 and Sensex Closed Higher as Realty and Auto Stocks Gains

The 30-share Sensex advanced 90.88 points or 0.11% to 83,079.66, while the NSE Nifty 50 added 34.80 points or 0.14% to settle at 25,418.55.

On September 17, 2024, both the benchmark indices, Nifty 50 and Sensex, closed higher. Nifty 50 closed at 25,418.55 with a gain of 0.14%, while Sensex was up 0.11% to 83,079.66. Nifty Bank was up 0.07% to 52,188.65, and Nifty 500 was almost flat to 23,969.90, up 0.01%. The volatility indicator Nifty VIX rose by 1.04% to 12.59, reflecting a rise in volatility.

Sectoral Performance

Nifty Realty, Nifty Consumer Durables, Nifty Auto, Nifty Private Bank and Nifty IT were the top gaining sectors with a rise of 0.61%, 0.49%, 0.26%, 0.17% and 0.14%, respectively. Media and PSU Banking stocks slipped during the session. Nifty Media and Nifty PSU Bank sectors fell 1.19% and 0.58%, to 2,114.05 and 6,675.40, respectively.

Top Gainer and Losers

Hero Motocorp, Bajaj Auto, Bharti Airtel, NTPC and M&M were the top gainers for the day, while

Tata Motors, Eicher Motors, Tata Steel, Coal India, and JSW Steel were the top losers on the NSE.

Oil Prices

On September 17, 2024, at 4:35 PM, Brent Crude stood at $72.49, reflecting a fall of 0.26%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

23

Nifty 50 and Sensex Closed Lower, IT and Pharma Dragged

After reaching a fresh high of 25,482, the Nifty makes a U-turn. The Sensex falls below 83,000 after touching an all-time high.

On September 18, 2024, the Indian equity indices, Nifty 50 and Sensex slipped 0.16% each to 25,377.55 and 82,948.23, respectively. Nifty Bank was up 1.08% to 52,750.40, and Nifty 500 slipped 0.30% to 23,898.65, up 0.01%. The volatility indicator Nifty VIX rose by 6.21% to 13.37, reflecting a rise in volatility.

Sectoral Performance

Nifty IT, Nifty Pharma, Nifty Healthcare, and Nifty Oil & Gas closed lower, falling 3.05%, 1.53%, 1.31%, and 1.02%, respectively. Banking stocks gained momentum during the session. Nifty Financial Services became the top-gaining sector, rising 1.40%.

Top Gainer and Losers

Shriram Finance, Bajaj Finance, Bajaj Finserv, Nestle India and HDFC Bank were the top gainers for the day, while TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro were the top losers on the NSE.

Oil Prices

On September 18, 2024, at 4:07 PM, Brent Crude stood at $72.73, reflecting a fall of 1.32%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

25

Benchmark Indices Sensex Ended Higher: FMCG and Private Bank Stocks Gained

On September 19, the trading session closed in the bulls’ favour with gains led by NTPC, Titan, and Nestle India.

On September 19, 2024, the Indian equity indices, Nifty 50 and Sensex, gained 0.15% and 0.29% each to 25,415.80 and 83,184.80, respectively. Nifty Bank was up 0.54% to 53,037.60, and Nifty 500 slipped 0.19% to 23,853.95. The volatility indicator Nifty VIX slipped 6.74% to 12.47, reflecting a fall in volatility.

Sectoral Performance

Nifty Private Bank, Nifty FMCG, Nifty Bank, and Nifty Realty were among the top-gaining sectors. Media and Oil & Gas stock were under pressure. As a result, NIfty Media and Nifty Oil & Gas tumbled 2.45% and 1.34%, to 2,056.10 and 12,414.80, respectively.

Top Gainer and Losers

NTPC, Titan, Nestle India, Kotak Mahindra Bank and Tata Consumer Products were the top gainers for the day, while BPCL, Coal India, ONGC, Adani Ports, and Shriram Finance were the top losers on the NSE.

Oil Prices

On September 19, 2024, at 04:00 PM, Brent Crude stood at $74.40, reflecting a gain of 1.02%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

27

Sensex Jumps 1,360 Points, Nifty Gains 375 to Hit Record Highs

Indian markets soared on September 20, with Sensex and Nifty50 hitting record highs and gaining over 1% each. Nifty Realty led sectoral gains, as most indices ended in the green.

On September 20, 2024, the Indian stock markets reached new record highs, with the BSE Sensex and NSE Nifty50 both rising over 1%.

The Sensex gained 1,359.51 points, or 1.63%, closing at 84,544.31 after hitting an all-time intraday high of 84,694.46. Similarly, the Nifty50 touched a record high of 25,849.25 before finishing the day up 375.15 points, or 1.48%, at 25,790.95. This strong performance was in line with global market trends.

Sectoral Performance

Except for Nifty PSU Bank, all sectoral indices closed in the green on Friday. The Nifty Realty index led the way, rising by 3.05%, while Bank Nifty, Financial Services, Auto, FMCG, Metal, and Private Bank indices each gained over 1%.

Top Gainer and Losers

The market closed on a strong note, with 44 of the 50 Nifty50 stocks finishing higher. Mahindra & Mahindra, ICICI Bank, JSW Steel, Larsen & Toubro, and Coca-Cola were the top performers, gaining up to 5.3% each. Meanwhile, Grasim Industries, SBI, and NTPC were among the six stocks that ended lower on Friday.

Oil Prices

On September 20, 2024, at 03:39 PM, Brent Crude stood at $74.57, reflecting a loss of 0.41%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

29

Sensex, Nifty Hit Record Highs; PSU Banks Lead Gains

Indian markets surged to new highs on September 23, with Sensex closing at 84,928 and Nifty at 25,939. PSU banks outperformed, while Nifty IT lagged behind.

On September 23, 2024, Indian stock markets reached new milestones as both the BSE Sensex and NSE Nifty50 soared to record highs.

The Sensex climbed 384.30 points, or 0.45%, to close at an all-time high of 84,928.61. Earlier in the day, it hit a peak of 84,980.53. Similarly, the Nifty50 rose 148.10 points, or 0.57%, to end the session at a record 25,939.05 after touching a lifetime high of 25,956, just 44 points short of the 26,000 mark.

Sectoral Performance

All sector indices except Nifty IT are finished in green. The Nifty PSU Bank index performed the best, gaining 3.41% on Monday.

Top Gainer and Losers

Out of the 50 stocks on the Nifty50, 34 closed in the green, with Bajaj Auto, Mahindra & Mahindra, ONGC, Hero MotoCorp, and SBI Life Insurance leading the gains, rising up to 3.66%. On the other hand, 16 stocks ended lower, including Eicher Motors, ICICI Bank, Divi’s Labs, Wipro, and IndusInd Bank.

In the BSE space, 20 out of the 30 stocks closed higher, led by Mahindra & Mahindra, State Bank of India, Bharti Airtel, Kotak Mahindra Bank, and Hindustan Unilever, with gains of up to 3.29%. On the downside, ICICI Bank, IndusInd Bank, and Asian Paints were among the 10 stocks that ended in the red, falling up to 1.25%.

Oil Prices

On September 23, 2024, at 03:50 PM, Brent Crude stood at $74.68, reflecting a rise of 0.26%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

31

Market Overview: Nifty Hits Record Highs Before Closing Lower

On September 24, Indian stocks reached new highs, with the Sensex closing at 84,914 and Nifty at 25,940. Metals surged 3%, while oil prices rose to $75.74.

On September 24, 2024, Indian stock market benchmarks hit new record highs in the afternoon but ended the day lower. The BSE Sensex closed down by 15 points, or 0.02%, at 84,914, while the Nifty 50 saw a slight increase of 0.01%, finishing at 25,940. The BSE Sensex reached a peak of 85,163, and the Nifty 50 hit a high of 26,011.

Sectoral Performance

Among sectors, the metal index rose nearly 3%, the oil and gas index increased by 0.5%, and the power index went up by 1.5%. However, the PSU Bank, FMCG, and telecom sectors fell by 0.5% to 1%.

Top Gainer and Losers

The top gainers on the Nifty were Tata Steel, Hindalco Industries, Power Grid Corporation, Tech Mahindra, and Adani Enterprises. In contrast, the biggest losers were SBI Life Insurance, Hindustan Unilever (HUL), Grasim Industries, UltraTech Cement, and Shriram Finance.

Oil Prices

On September 24, 2024, at 03:50 PM, Brent Crude stood at $75.74, reflecting a rise of 2.49%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

33

Sensex Hits 85,169, Nifty Tops 26,004; Media Stocks Surge 2.94%

On Sep 25, 2024, Sensex gained 255 points to 85,169, and Nifty rose 63 points to 26,004. Media stocks jumped 2.94%, while IT and auto sectors declined.

On September 25, 2024, the BSE Sensex and NSE Nifty50 bounced back from early losses to hit new highs, finishing the day at record closing levels.

The Sensex gained 255.83 points, or 0.30%, to close at 85,169.87 after reaching an intraday peak of 85,247.42. Similarly, the Nifty50 hit an all-time high of 26,032.80 before ending the day up 63.75 points, or 0.25%, at 26,004.15.

Sectoral Performance

Power Grid Corp, NTPC, Axis Bank, Grasim, and Bajaj Finance were the top gainers on the Nifty, while LTIMindtree, Tech Mahindra, Tata Consumer, Tata Motors, and Titan Company were among the biggest losers.

Top Gainer and Losers

Media stocks performed better than other sectors, with the Nifty Media Index rising by 2.94%. Bank Nifty, Financial Services, Metal, Pharma, Private Bank, and Realty indices also closed higher, while PSU Bank, IT, FMCG, and Auto indices ended the day in negative territory on Wednesday.

Oil Prices

On September 25, 2024, at 03:52 PM, Brent Crude stood at $74.64, reflecting a fall of 0.71%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

35

Sensex and Nifty Hit Record Highs as Auto & Metal Stocks Lead Gains

On Sept 26, 2024, Sensex surged 666 points, and Nifty hit new peaks. Auto and Metal indices rose over 2%, while Maruti and Grasim led the top gainers.

On September 26, 2024, India’s stock markets continued their upward trend, reaching new record highs. The BSE Sensex rose by 666.25 points, or 0.78%, closing at 85,836.12. During the day, it touched a new intraday high of 85,930.43, coming close to the 86,000 mark.

Similarly, the NSE Nifty50 climbed to an all-time high of 26,250.90 before ending the day with a gain of 211.90 points, or 0.81%, closing at 26,216.05.

Sectoral Performance

The Auto and Metal indices outperformed other sectors, both rising by over 2%. Most other sectoral indices also finished higher, except for Consumer Durables and parts of the Healthcare sector.

Top Gainer and Losers

Thursday ended on a positive note for the markets, with 41 out of 50 Nifty50 stocks closing in the green. Leading the gains were Maruti Suzuki India, Grasim Industries, Tata Motors, Shriram Finance, and Bajaj Finserv, which rose by up to 4.48%.

On the other hand, Cipla, ONGC, Larsen & Toubro, Hero MotoCorp, and NTPC were among the 9 stocks that saw losses, falling by as much as 1.47%.

Oil Prices

On September 26, 2024, at 04:45 PM, Brent Crude stood at $71.63, reflecting a fall of 2.49%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

37

Sensex, Nifty Hit Record Highs Before Dropping; 29 Nifty Stocks End Lower, Oil & Gas Index Gains 2.37%

Sensex and Nifty hit record highs but ended down on September 27, 2024. 29 Nifty stocks fell, while Oil and gas stocks surged 2.37%, and private banks dropped over 1%.

On September 27, 2024, Indian stock market indices, the BSE Sensex and NSE Nifty50, hit new record highs before pulling back and closing the last trading session of the week in the red.

The BSE Sensex dropped by 264 points (0.31%) to end at 85,571.85. Earlier in the day, it had reached an all-time high of 85,978.25. Similarly, the Nifty50 touched a record high of 26,277.35 but closed the session down 37.13 points (0.14%) at 26,178.95.

Sectoral Performance

The Bank Nifty, Media, Nifty Private Bank, and Realty indices all dropped by more than 1% each. In contrast, the Nifty Oil & Gas index led the sectoral indices with a 2.37% gain, while the PSU Bank, Pharma, Metal, and IT indices posted gains of up to 1.15%.

Top Gainer and Losers

Out of the 50 stocks in the Nifty50 index, 29 closed lower. Power Grid Corporation of India, Bharti Airtel, HDFC Bank, ICICI Bank, and Hero MotoCorp were the biggest losers, falling as much as 2.96%. On the other hand, BPCL, Sun Pharma, Divi’s Labs, and Reliance Industries were the top gainers, with their shares rising by as much as 6.23%.

Oil Prices

On September 27, 2024, at 04:45 PM, Brent Crude stood at $71.62, reflecting an increase of 0.03%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

39

On September 30, Sensex and Nifty 50 Drops; Oil Prices Drop

On September 30, 2024, Sensex fell 1.49%, Nifty50 dropped 1.41%. Nifty Metal rose 1.33%. JSW Steel led gainers, while Hero MotoCorp was among the top losers.

On September 30, 2024, Indian stock market indices, the BSE Sensex dropped by 1,272.07 points (-1.49%) to end at 84,299.78. The Nifty50 on the other hand, closed at 25,810.85 down by 368.10 points (-1.41%).

Sectoral Performance

Nifty Auto, Nifty Financial Services and Nifty Financial Services 25/50 indices dropped by more than 1% each. In contrast, the Nifty Metal, and Nifty Media rose by 1.33% and 1.12%, respectively.

Top Gainer and Losers

Out of the 50 stocks in the Nifty50 index, Hero MotoCorp, Axis Bank, and Trent were the biggest losers. On the other hand, JSW Steel Limited, NTPC, and Hindalco Industries were the top gainers.

Oil Prices

On September 30, 2024, at 04:21 PM, Brent Crude stood at $71.50, showcasing a drop of 0.67%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.