Stock Market: Closing Bell

Daily Market Updates Closing Bell
61

Sensex and Nifty Closed in Red on October 17, 2024; Nifty IT Up by 1.19%

On October 17, 2024, Indian equity indices closed in red with Nifty 50 down 0.89% and Sensex down by 0.61%. Infosys and Tech Mahindra led the gains on Nifty 50.

On October 17, 2024, the Indian equity indices closed in red. Nifty 50 was down 0.89% and closed at 24,749.85, while Sensex ended down 0.61% to 81,006.61.

Sectoral Performance

On October 17, Nifty Realty and Nifty Auto closed in red with a drop of 3.76% and 3.54%, respectively. Nifty IT ended in green with an increase of 1.19%.

Top Gainer and Losers

On Nifty 50, Infosys, Tech Mahindra, and Power Grid Corporation of India were the top gainers for the day, while, Bajaj Auto, Shriram Finance and M&M were the top losers.

Oil Prices

On October 17, 2024, at 03:27 PM, Brent Crude stood at $74.55, with an increase of 0.44%.

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.

63

Closing Bell: Private Bank Shares Shine in Sensex 30

The BSE Sensex ended its three-day losing streak, rising 0.27% to close at 81,224.75. The Nifty 50 gained 0.42%, finishing at 24,854.05.

On October 18, 2024, Indian equity indices saw positive movement, with the Nifty 50 up 0.42% to 24,854.05 and the Sensex climbing 0.27% to 81,224.75. The Nifty Bank index surged by 1.57% to 52,094.20. Meanwhile, the Nifty VIX, a volatility indicator, increased by 2.61% to 13.04, signaling a reduction in market volatility.

Sectoral Performance

On this date, the Nifty Private Bank and Nifty Metal indices recorded gains of 1.90% and 1.57%, respectively. In contrast, the Nifty IT and Nifty FMCG sectors experienced declines of 1.47% and 0.51%.

Top Gainers and Losers

Axis Bank, Wipro, Eicher Motors, ICICI Bank, and Shriram Finance emerged as the top gainers of the day. Conversely, Infosys, Britannia, Asian Paints, Nestle India, and Tech Mahindra were the leading losers on the NSE.

Oil Prices

As of October 18, 2024, at 04:11 PM, Brent Crude traded at $74.01, marking a decrease of 0.59%.

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.

65

Closing Bell: Indian Markets Dip Amid Profit-Taking, Sensex and Nifty End Lower

Indian markets slid on October 21 as profit-taking continued despite HDFC Bank’s gains. Sensex fell 0.09%, and Nifty dropped 0.29%. Most sectors ended in the red.

Indian stock markets faced pressure on October 21, 2024, as investors took profits at higher levels during the ongoing Q2 earnings season. Despite HDFC Bank’s shares rising nearly 3%, both the benchmark BSE Sensex and NSE Nifty50 ended the day lower.

The BSE Sensex fluctuated by 959 points throughout the day, closing at 81,151.27, down 73.48 points or 0.09%. Similarly, the Nifty50 closed lower at 24,781, with a drop of 73 points or 0.29%.

Sectoral Performance

Most sectoral indices closed lower, except for the auto sector, with FMCG, metal, oil & gas, and media sectors dropping by 1-2 percent. Both the BSE Midcap and Smallcap indices fell by 1 percent each.

Top Gainers and Losers

The biggest losers on the Nifty were Tata Consumer Products, Kotak Mahindra Bank, BPCL, IndusInd Bank, and Bajaj Finserv. On the other hand, the gainers included HDFC Bank, Bajaj Auto, Asian Paints, M&M, and Eicher Motors.

Oil Prices

As of October 21, 2024, at 04:06 PM, Brent Crude traded at $74.11, marking a decrease of 1.44%.

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.

67

Sensex and Nifty Close Lower; PSU Banks, Realty, and Metals Decline on Oct 22

On October 22, 2024, the Sensex declined by 930.55 points, while the Nifty fell by 309.00 points. Key sectors like PSU Bank, Realty, and Metal dropped by over 2.5%.

On October 22, 2024, both the BSE Sensex and NSE Nifty50 closed in the red. The Sensex dropped 930.55 points (1.15%) to end at 80,220.72, while the Nifty50 declined 309.00 points (1.25%) to settle at 24,472.10.

Sectoral Performance

On Tuesday, none of the sectoral indices finished in positive territory. Nifty PSU Bank, Nifty Realty, and Nifty Metal each fell by more than 2.5%.

Top Gainers and Losers

On Tuesday, the top losers on the Nifty include Bharat Electronics Limited (BEL), Mahindra & Mahindra (M&M) and Coal India. In contrast, the gainers were ICICI Bank, Nestle India and Infosys.

Oil Prices

As of October 22, 2024, at 03:54 PM, Brent Crude was trading at $74.90, up by 0.82%.

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.

69

Closing Bell: Sensex and Nifty 50 Closes in Red on October 23

On October 23, 2024, the Sensex fell by 0.17%, while the Nifty50 decreased by 0.15%. On Nifty 50, Bajaj Finance topped the gainers, whereas M&M and Sun Pharma were among the top losers.

On October 23, 2024, both the BSE Sensex and NSE Nifty50 closed lower. The BSE Sensex ended at 80,081.98, down by 138.74 points or 0.17%. Likewise, the Nifty50 also saw a decline, closing at 24,435.50, with a drop of 36.60 points or 0.15%.

Sectoral Performance

On Wednesday, the Nifty IT, Nifty PSU Bank, and Nifty Media sectors ended the day in the green. However, the Nifty Pharma, Nifty Healthcare, and Nifty Midsmall Healthcare sectors closed in the red, with both Nifty Pharma and Nifty Healthcare witnessing declines of over 1%.

Top Gainers and Losers

On Wednesday, the top gainers on the Nifty include Bajaj Finance, Tech Mahindra and Tata Consumer Products. In contrast, the losers were Mahindra & Mahindra (M&M), Sun Pharmaceutical Industries and Eicher Motors.

Oil Prices

As of October 23, 2024, at 03:37 PM, Brent Crude was trading at $75.11, down by 1.22%.

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.

71

Closing Bell: Sensex and Nifty50 End Lower on October 24, 2024

The Sensex and Nifty closed lower on October 24. UltraTech Cement led the gainers, while Hindustan Unilever and SBI Life Insurance Company were the top losers.

On October 24, 2024, both the BSE Sensex and NSE Nifty50 closed in red. The BSE Sensex closed at 80,065.16, down by 0.02%. Similarly, the Nifty50 also closed at 24,399.40, down by 0.15%.

Sectoral Performance

On Thursday, Nifty PSU Bank, Nifty Midsmall Healthcare and Nifty Bank closed in green. Nifty FMCG, Nifty Realty and Nifty Auto closed in the red. Nifty FMCG and Nifty Realty declined by more than 1%.

Top Gainers and Losers

On Thursday, the top gainers on the Nifty include UltraTech Cement, Shriram Finance and Mahindra & Mahindra (M&M). In contrast, the losers were Hindustan Unilever (HUL), SBI Life Insurance Company and Hindalco Industries.

Oil Prices

As of October 24, 2024, at 03:35 PM, Brent Crude was trading at $76.45, up by 1.99%.

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.

73

Closing Bell: Sensex, Nifty Ended in Red; ITC Leads Gainers on October 25

On October 25, 2024, the Sensex and Nifty ended in the red. ITC and Axis Bank led the gainers, while IndusInd Bank and Adani Enterprises were the top losers.

On October 25, 2024, both the BSE Sensex and NSE Nifty50 closed the day lower. The BSE Sensex closed at 79,402.29, down by 0.83%. Similarly, the Nifty50 also closed at 24,180.80, down by 0.9%.

Sectoral Performance

On Friday, Nifty FMCG, Nifty Healthcare and Nifty Pharma closed in green. Nifty Consumer Durables, Nifty Oil & Gas and Nifty Metal closed in the red. Nifty Consumer Durables and Nifty Oil & Gas dropped by over 2.5%.

Top Gainers and Losers

On Friday, the top gainers on the Nifty include ITC, Axis Bank and Bharat Electronics Limited (BEL). In contrast, the losers were IndusInd Bank, Adani Enterprises and Bharat Petroleum Corporation Limited (BPCL).

Oil Prices

As of October 25, 2024, at 03:24 PM, Brent Crude was trading at $74.72, up by 0.46%.

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.

75

Closing Bell: Sensex and Nifty50 Rise Over 1% on Positive Asian Trends

On October 28, 2024, the Sensex gained 602.75 points, while the Nifty50 increased by 158.35 points. All sectors showed gains, especially PSU Banks, as Brent Crude fell by 6.13%.

On October 28, 2024, the BSE Sensex and NSE Nifty50 rose over 1% during the day, wrapping up the first trading session of the week on a positive note, influenced by trends in Asia. The BSE Sensex climbed by 602.75 points, or 0.76%, finishing at 80,005.04. Similarly, the NSE Nifty 50 rose by 158.35 points, or 0.65%, closing at 24,380.80.

Sectoral Performance

All sector indices ended in the green, with the PSU Bank index up by 3% and the Metal index increasing by 2%. The pharma, media, and real estate sectors each saw gains of over 1%. The BSE midcap index rose by 0.7%, while the smallcap index gained 1%.

Top Gainers and Losers

Out of the 50 stocks in the Nifty 50 index, 36 closed higher, with Shriram Finance, Adani Enterprises, ICICI Bank, Wipro, and JSW Steel showing the largest gains, rising by as much as 5.35%. Conversely, 14 stocks, including Coal India, Bajaj Auto, Axis Bank, Hero MotoCorp, and BEL, ended lower, with losses reaching up to 3.76%.

Oil Prices

As of October 28, 2024, at 5:24 PM, Brent Crude was trading at $71.39, reflecting a decrease of 6.13%.

Disclaimer: This blog is intended for educational purposes only. The mentioned securities are examples and not recommendations. The content is based on various secondary sources and may change. Please consult a professional before making any decisions.

77

Closing Bell: Closing Bell: Sensex Gains 364 Points, Nifty Surpasses 24,450

On October 29, 2024, Sensex rose 0.45% and Nifty 0.52%. Banking and real estate sectors led gains, while pharma and auto sectors saw losses.

On October 29, 2024, benchmark stock indices, the BSE Sensex and NSE Nifty 50, reduced their early losses and gained for the second day in a row, closing in the positive.

The BSE Sensex rose by 363.99 points, or 0.45%, finishing at 80,369.03. Likewise, the NSE Nifty 50 increased by 127.70 points, or 0.52%, to close at 24,466.85.

Sectoral Performance

In terms of sectors, banking, real estate, power, and capital goods increased by 1-2%, while pharmaceuticals, IT, and automotive sectors dropped by 0.5-1%.

Top Gainers and Losers

Notably, 31 of the 50 stocks in the Nifty 50 index closed higher, with the biggest gains coming from State Bank of India, Bharat Electronics, HDFC Life, SBI Life, and Eicher Motors, which rose by as much as 5.05%.

In contrast, Maruti Suzuki India, Tata Motors, Dr Reddy’s Labs, Hero MotoCorp, and Sun Pharma were among the 19 stocks that fell, with losses reaching up to 4.16%.

Oil Prices

As of October 29, 2024, at 03:52 PM, Brent Crude was trading at $72.15, up by 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.

79

Closing Bell: Sensex Drops 427 pts, Nifty 126 pts; Small-Caps Gain 1.5%

Summary: On Oct 30, Sensex fell 427 pts, and Nifty dropped 126 pts amid mixed global cues. Small-caps rose 1.5%, while banking, pharma, and IT sectors slipped 1%.

The BSE Sensex and NSE Nifty50, India’s main equity indices, saw losses on October 30, 2024, ending their 2-day winning streak due to mixed signals from global markets.

The BSE Sensex dropped 426.85 points (0.53%) to close at 79,942.18. Similarly, the Nifty50 fell 125.99 points (0.51%), settling at 24,340.85.

Sectoral Performance

In sector performance, FMCG, capital goods, and media gained between 0.5% and 2%. However, banking, pharma, and IT sectors each dropped by 1%. The BSE Midcap index remained flat, while the smallcap index increased by 1.5%.

Top Gainers and Losers

A total of 31 out of the 50 Nifty stocks closed lower, with Cipla, Shriram Finance, Infosys, HDFC Life Insurance, and Trent experiencing losses of up to 4.03%.

In contrast, Adani Enterprises, Tata Consumer Products, Hero MotoCorp, Britannia Industries, and Maruti Suzuki India were among the 19 stocks that gained, with increases reaching up to 3.74%.

Oil Prices

As of October 30, 2024, at 03:42 PM, Brent Crude was trading at $71.50, reflecting an increase of 0.53%.

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.