Stock Market: Closing Bell

Closing Bell: Sensex, Nifty End in Red; Cipla Leads Gainers on October 31

Summary: The Sensex and Nifty closed lower on October 31, 2024, with Cipla leading the gainers after a 9.5% rise. Key losers included HCL Technologies and Tech Mahindra Limited.

On October 31, 2024, both the BSE Sensex and NSE Nifty50 closed in negative territory. The Sensex ended at 79,389.06, down by 553.12 points, or 0.69%, while the Nifty50 closed at 24,205.35, shedding 135.50 points, or 0.56%.

Key Highlights

  • Cipla shares surged 10% following USFDA approval for an important drug.
  • The rupee hit a record low, trading at 84.09 against the dollar amid continued outflows.
  • The Nifty IT index fell by 3%, weighing on overall market sentiment.
  • Dabur shares dipped after reporting a decline in Q2 profits.
  • Both Sensex and Nifty dropped, pressured by weaker corporate earnings and ongoing foreign fund outflows, reflecting global market conditions.

Sectoral Performance

NIFTY Media, NIFTY Pharma, and NIFTY Healthcare ended in positive territory. However, Nifty Bank, Nifty Auto, and Nifty Financial Services closed in the red. Nifty FMCG and Nifty Consumer Durables also saw declines of over 0.9%.

Top Gainers and Losers

Leading gainers on the Nifty included Cipla, Larsen & Toubro, and Dr. Reddy’s Laboratories, while the top laggards were Tech Mahindra, HCL Technologies, and TCS.

Oil Prices

As of October 31, 2024, Brent Crude traded at $72.63, marking a modest increase of 0.11%.

Disclaimer: This blog is intended solely for educational purposes. Mentioned securities are illustrative examples and not investment recommendations. Information is sourced from various internet sources and may be subject to change. Please consult a professional advisor for financial decisions.

Closing Bell: Nifty 50 and Sensex End Lower, All Sectors Decline

Summary: Out of the 50 stocks in the Nifty 50 index, 42 closed in the red, with Hero MotoCorp and Grasim Industries marking the steepest declines on the NSE.

On November 4, 2024, Indian equity indices finished lower, with the Nifty 50 down 1.27% at 23,995.35 and the Sensex down 1.18% at 78,782.24. The Nifty Bank also fell by 0.89%, closing at 51,215.25. The Nifty VIX, a measure of market volatility, rose by 5.01% to 16.70, indicating increased market fluctuations.

Sectoral Performance

All sectors experienced declines on November 4. Notably, Nifty Realty, Nifty Oil & Gas, Nifty Media, and Nifty Metal saw the largest drops of 2.93%, 2.48%, 2.16%, and 1.57%, respectively.

Top Gainers and Losers

Among the top gainers were M&M, Tech Mahindra, Cipla, SBI, Dr Reddy’s were the top gainers for the day, Conversely, the top losers included Hero MotoCorp, Grasim Industries, Bajaj Auto, Adani Ports and BPCL

Oil Prices

As of 3:55 PM on November 4, 2024, Brent Crude was priced at $75.04, reflecting an increase of 2.65%.

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.

Closing Bell: Nifty 50 and Sensex Close Higher; Metal Stocks Lead Gains

Summary: 31 out of the 50 Nifty stocks ended in the green, with JSW Steel, Tata Steel, and Hindalco among the top gainers.

On November 5, 2024, Indian equity benchmarks posted solid gains, with the Nifty 50 rising 0.91% to close at 24,213.30 and the Sensex advancing 0.88% to 79,476.63. The Nifty Bank index outperformed with a robust 1.94% increase, settling at 52,207.25. Meanwhile, the Nifty VIX, a measure of market volatility, fell by 4.08% to 16.01, signalling reduced market uncertainty.

Sectoral Performance

Among the key sectors, Nifty Metal led the rally, climbing 2.84%, followed by Nifty Financial Services (+1.98%) and Nifty Auto (+1.13%). On the other hand, Nifty FMCG and Nifty Media were in the red, dropping 0.34% and 0.23%, respectively.

Top Gainers and Losers

JSW Steel, Tata Steel, Hindalco, Bajaj Auto and Axis Bank were the top gainers for the day, while Trent, Adani Ports, Asian Paints, ITC, and Infosys were the top losers on the NSE.

Oil Prices

As of 4:10 PM on November 5, 2024, Brent Crude traded at $75.48, marking a 0.53% increase.

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.

Closing Bell: Nifty 50 and Sensex End in the Green, All Sectors See Gains

Summary: The Nifty Bank index rose 0.21%, finishing at 52,317.40. The Nifty VIX dropped by 8.20% to 14.80.

On November 6, 2024, Indian equity markets closed on a positive note, with both major indices—Nifty 50 and Sensex—registering solid gains. The Nifty 50 surged 1.12%, closing at 24,484.05, while the Sensex rose by 1.13%, ending at 80,378.13. The Nifty Bank index added 0.21%, finishing at 52,317.40. The Nifty VIX, a gauge of market volatility, dropped by 8.20% to 14.80, indicating a decrease in market uncertainty.

Sectoral Performance

All major sectors ended the day in the green. Leading the gains were the Nifty IT (+3.99%), Nifty Realty (+2.58%), and Nifty Oil & Gas (+2.54%) indices, reflecting strong performance across these segments.

Top Gainers and Losers

Among the top performers, BEL, Adani Enterprises, TCS, Wipro and HCLTech led the rally. On the flip side, SBI Life, Titan?utm_source=community&utm_medium=web&utm_campaign=community_blog
, HDFC Life, Induslnd Bank and Trent were the notable losers on the NSE.

Oil Prices

As of 4:04 PM on November 6, 2024, Brent Crude was trading at $74.28, down by 1.65% from its previous close.

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.

Closing Bell: Nifty 50 and Sensex End Lower, Led by Declines in Metal and Pharma Stocks

On November 7, 2024, the benchmark equity indices ended the day in negative territory. The Nifty 50 dropped 1.16%, closing at 24,199.35, while the Sensex fell 1.04%, settling at 79,541.79. The Nifty Bank index also declined by 0.77%, finishing at 51,916.50. The volatility index, Nifty VIX, increased by 1.05%, reaching 15.03, indicating a rise in market volatility.

Sectoral Performance

All major sectors ended in the red, with the Nifty Metal, Nifty Pharma, and Nifty Realty indices facing the steepest declines. Metal stocks fell by 2.73%, while the Pharma and Realty sectors lost 1.72% and 1.43%, respectively.

Top Gainers and Losers

Among the top gainers, Apollo Hospitals, SBI, HDFC Life, and TCS saw notable gains. On the flip side, Hindalco, Trent, Grasim, Shriram Finance, and Adani Enterprises were the worst performers of the day.

Oil Prices

As of 3:58 PM on November 7, 2024, Brent Crude was priced at $74.52, marking a 0.53% decline.

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.

Closing Bell: Nifty 50 and Sensex End in Red; Realty and Media Stocks Lead Decline

The benchmark indices ended the day on a negative note. The Nifty 50 slipped 0.21%, closing at 24,148.20, while the Sensex declined 0.07% to 79,486.32. The Nifty Bank index also saw a decline of 0.68%, ending at 51,561.20. The Nifty VIX, a gauge of market volatility, rose by 2.45%, reaching 14.57.

Sectoral Performance

The Nifty Realty and Nifty Media indices were among the worst performers, falling 2.90% and 2.09%, respectively. On the other hand, Nifty IT and Nifty Consumer Durables posted modest gains, advancing by 0.71% and 0.41%, respectively.

Top Gainers and Losers

M&M, Titan, Tech Mahindra, Nestle India, and Infosys were the top gainers for the day, while Trent, Coal India, Asian Paints, Tata Steel, and SBI were the top losers on the NSE.

Oil Market Update

As of 3:53 PM on November 8, 2024, Brent Crude prices stood at $74.50 per barrel, reflecting a decline of 1.49%.

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.

Closing Bell: Nifty 50 and Sensex Show Mixed Performance; IT and Media Stocks Lead the Gains

On November 11, 2024, Indian equity markets closed largely flat, with the Nifty 50 dipping slightly by 0.03% to settle at 24,141.30. The Sensex edged up by 0.01%, finishing at 79,496.15. The Nifty Bank index gained 0.61%, closing at 51,876.75. The Nifty VIX, a measure of market volatility, dropped by 1.38% to 14.27, indicating a slight reduction in volatility.

Sectoral Performance

  • Top Performers: Nifty IT and Nifty Financial Services were among the best-performing sectors, up 1.28% and 0.53%, respectively.
  • Lagging Sectors: Nifty Healthcare and Nifty Media were the worst performers, falling by 1.50% and 1.30%, respectively.

Top Gainers and Losers

  • Top Gainers: Powergrid, Trent, HCLTech, Infosys, and Tech Mahindra were the leading gainers on the day.
  • Top Losers: Asian Paints, Britannia, Apollo Hospitals, Cipla, and ONGC saw the most significant declines.

Commodity Update

As of 04:06 PM, Brent Crude was trading at $73.04, reflecting a decline of 1.12%.

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.

Closing Bell: Sensex, Nifty Ended in Red; Trent Leads Gainers on November 12

On November 12, 2024, both the BSE Sensex and Nifty50 closed the day in red. The BSE Sensex closed at 78,675.18, down by 1.03%. Similarly, the Nifty50 also closed at 23,883.45, down by 1.07%.

Sectoral Performance

On Tuesday, Nifty Realty and Nifty IT closed in green. Nifty Auto, Nifty PSU Bank and Nifty Financial Services closed in the red. Nifty Auto and Nifty PSU Bank declined by over 1.9%.

Top Gainers and Losers

On Tuesday, the top gainers on the Nifty include Trent, Sun Pharma and HCL Technologies. In contrast, the losers were Britannia Industries, Bharat Electronics Limited (BEL) and NTPC.

Oil Prices

As of November 12, 2024, at 03:04 PM, Brent Crude was trading at $72.14, up by 0.56%.

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.