Stock Market: Closing Bell

Daily Market Updates Closing Bell
162

Closing Bell: Sensex Drops 451 Points, Nifty Ends at 23,645 Amid Bearish Trends on December 30

The Indian stock market started the week on a negative note on December 30, 2024.

The BSE Sensex declined by 450.94 points (0.57%) to close at 78,248.13, trading within a range of 79,092.70 to 78,077.13. Similarly, the NSE Nifty50 dropped 168.50 points (0.71%) to end at 23,644.90 after fluctuating between 23,915.35 and 23,618.90.

Top Gainers and Losers

The top losers are Bharat Electronics, Hindalco, Tata Motors, Trent, and ONGC saw declines of up to 2.76%. On the other hand, the top gainers are Adani Enterprises, HCL Tech, Tech Mahindra, Apollo Hospitals, and IndusInd Bank gained as much as 7.51%.

Rising Market Volatility

The India VIX, a gauge of market volatility, increased by 5.55% to 13.97 points, signalling heightened uncertainty.

Sectoral Performance

Sectoral indices showed mixed results:

  • Decliners: Nifty PSU Bank, Auto, Financials, Media, Metals, and Realty indices were down by up to 1.87%.
  • Gainers: Nifty FMCG, IT, Pharma, Healthcare, and Telecom indices gained up to 1.62%.

Oil Prices

Brent Crude prices were slightly down, trading at $73.98 per barrel, a drop of 0.26% as of 3:52 PM on December 30, 2024.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

164

Closing Bell: Markets End 2024 on a Steady Note with Strong Yearly Gains on December 31

On December 31, 2024, the BSE Sensex and NSE Nifty 50 ended with minor losses after recovering sharply from intra-day lows. Weak global cues initially dragged the indices down, but they managed to pare most losses by the close.

The BSE Sensex fell to a low of 77,561 early in the session but rebounded to an intra-day high of 78,248 before closing at 78,139, down 109 points or 0.1%. Similarly, the NSE Nifty 50 recovered from 23,460 to a high of 23,690, ending the day almost flat at 23,645.

Top Gainers and Losers

Major laggards on the Sensex included Infosys, HDFC Bank, and ICICI Bank, with Tech Mahindra losing 2.5%. Zomato, TCS, and Infosys saw declines of 1%-2%. On the flip side, Kotak Bank led the gainers with a 2.5% rise, joined by ITC, UltraTech Cement, Tata Motors, and Tata Steel.

Sectoral Highlights

The Nifty IT index dropped 1.5%, with the Realty index also in the red. However, the Oil & Gas index gained over 1%, while PSU Bank, Pharma, and Metal indices added around 0.5% each.

Oil Prices

Brent Crude was trading at $74.34 per barrel, up 0.47%, as of December 31, 2024, at 3:48 PM.

Looking Ahead

Markets will remain open on New Year’s Day, January 1, 2025. Key factors like RBI rate cuts, global economic developments, and budget announcements are expected to influence market trends in the upcoming year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

166

Closing Bell: Nifty & Sensex Begin 2025 on a High; Auto Stocks Lead on January 1

On Wednesday, January 1, 2025, the benchmark indices BSE Sensex and NSE Nifty50 kicked off the new year with gains.

The Sensex surged by 368.40 points, or 0.47%, closing at 78,507.41. It traded between 78,756.49 and 77,898.30 during the session. Similarly, the Nifty50 gained 98.10 points, or 0.41%, settling at 23,742.90. The index’s range for the day was 23,822.80 (high) and 23,562.80 (low).

Top Gainers and Losers

Out of 50 Nifty50 stocks, 37 ended in the green. Maruti Suzuki India, Mahindra & Mahindra, Bajaj Finance, Larsen & Toubro, and Tata Motors led the gains, with some up by as much as 3.01%.

On the flip side, 13 stocks posted losses, including Dr Reddy’s Labs, Hindalco, Adani Ports, ONGC, and Tata Steel, which saw declines up to 1.40%.

Sector Performance

Most sectors ended in the green, except Nifty Realty and Pharma. The auto sector stood out, with the Nifty Auto index climbing by 1.34%.

Oil Prices

As of 03:35 PM on January 1, 2025, Brent Crude was trading at $74.64, marking a 0.88% increase.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

168

Closing Bell: Sensex Hits 80K; Auto and IT Drive Market Rally on Jan 2

The BSE Sensex and NSE Nifty50 extended their winning streak, rising over 1.5% on Thursday.

The Sensex reached an intraday high of 80,032.87 before closing at 79,943.71, up 1,436.30 points or 1.83%. Similarly, the Nifty50 surged 445.75 points or 1.88%, ending at 24,188.65 after trading within a range of 23,751.55 to 24,226.70. This marked the second straight session of gains, driven by bullish sentiment.

Top Gainers and Losers

On January 1, 2025, the top Nifty50 gainers included Maruti Suzuki India (+3.01%), M&M (+2.36%), L&T (+1.73%), Bajaj Finance (+1.71%), and Tata Motors (+1.31%). The biggest losers were Hindalco Industries (-1.40%), Dr Reddy’s Laboratoriess (-1.12%), Adani Ports (-1.04%), ONGC (-0.98%), and Tata Steel (-0.85%).

Sectoral Performance

Most sectoral indices closed in the green, except Nifty Media. Key performers were:

  • Nifty Auto: Up 3.79%, leading the rally.
  • Nifty IT: Gained 2.10%.
  • Nifty Financial Services, Consumer Durables, and OMCs: Posted strong gains, reflecting widespread market optimism.

Oil Prices

As of January 2, 2025, Brent Crude was trading at $75.59 per barrel, up 1.27%, as of 3:57 PM.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

169

Closing Bell: Sensex Drops 721 Points, Nifty Slips Below 24,050 on January 3

On January 3, 2025, Indian stock markets wrapped up the week with significant losses.

The BSE Sensex declined 720.60 points (0.90%) to close at 79,223.11, fluctuating between an intraday high of 80,072.99 and a low of 79,147.32. The NSE Nifty50 also dropped 183.90 points (0.76%), settling at 24,004.75 after touching a high of 24,196.45 and a low of 23,978.15.

Top Gainers and Losers

Out of the 50 Nifty stocks, 32 closed in the red. The biggest losers included Wipro, HDFC Bank, Tech Mahindra, Adani Ports, and Cipla, with losses up to 2.83%. Conversely, ONGC, Tata Motors, Titan, Nestle India, and SBI Life were among the gainers, rising as much as 5.11%.

Broader Market Trends

The broader markets echoed the weakness seen in the benchmarks:

  • Nifty Midcap 100 fell 0.30%.
  • Nifty Smallcap 100 slipped 0.24%.

Sectoral Performance

Sector indices showed a mixed trend:

  • Gainers: FMCG, Media, Metal, PSU Bank, and OMC indices rose by up to 1.26%.
  • Losers: Financial Services, IT, Private Bank, and Healthcare sectors declined by up to 1.41%.

The Bank Nifty dropped 616 points, closing at 50,988.80, weighed down by HDFC Bank (-2.53%) and ICICI Bank (-1.94%).

Despite gains in the FMCG and PSU Bank sectors, heavy selling in financials and IT stocks exerted broad pressure on the markets.

Oil Prices

As of 3:41 PM on January 3, 2025, Brent Crude was trading at $75.62 per barrel, down by 0.41%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

171

Closing Bell: Nifty & Sensex Closed in Red; Apollo Hospitals Leads Gainers on January 6, 2025

On January 6, 2025, the BSE Sensex closed in red closing at 77,964.99, down by 1.59% and NSE Nifty50 closed at 23,616.05, dropping by 1.62%.

Sectoral Performance

On Monday, Nifty PSU Bank, Nifty MidSmall Financial Services and Nifty Realty closed in the red. Nifty PSU Bank and Nifty MidSmall Financial Services declined by over 3%.

Top Gainers and Losers

On Monday, the top gainers on the Nifty included Apollo Hospitals Enterprise, Tata Consumer Products and Titan Company. In contrast, the losers were Tata Steel, Trent and BPCL.

Oil Prices

As of January 6, 2025, at 03:22 PM, Brent Crude was trading at $76.17, down by 0.44%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.