Sensex At the moment time | Stock Market LIVE Updates: Nifty, Sensex residing to start lower; Easy Time out Planners block deal likely

HomeMarket NewsStock Market Highlights: Sensex, Nifty 50 up virtually 9% each and each, single-digit returns for second time in three years
By CNBCTV18.COM | Dec 31, 2024 4:00 PM IST (Up to this level)
Sensex At the moment time | Stock Market Highlights: The Sensex ended 109 ingredients lower at 78,139, whereas the Nifty remained flat at 23,658. Broader indices moreover faced marginal losses, with the midcap index shedding 36 ingredients to terminate at 57,153, and Nifty Financial institution declining by 66 ingredients to 50,887.
Sensex At the moment time | Stock Market Highlights: The Indian equity markets closed the yr on a subdued sign, recovering from intraday lows to complete flat amid skinny buying and selling volumes. IT stocks led the stoop on benchmarks, whereas healthcare and PSU stocks supplied some abet.
Amongst valuable movers, Easy Time out seen a nice looking 7% decline after experiences indicated that promoter Nishant Pitti is liable to be the vendor in a block deal. Adani Group stocks faced profit booking, with Adani Enterprises rising because the tip Nifty loser.
Banks underperformed following updates from the Reserve Financial institution of India’s Financial Steadiness Describe, with AU Miniature Finance Financial institution slipping virtually 3%. On the diversified hand, RVNL snapped a nine-day losing scuttle, rising greater than 3% on an picture earn. Avanti Feeds and Apex Frozen surged up to 14% following optimistic brokerage commentary. ITD Cement pared gains from a ₹1,650 crore contract earn within the closing hour of trade, closing 1% increased.
Looking on the chunky-yr efficiency, the Sensex and Nifty registered virtually 9% gains each and each, marking single-digit returns for the second time in three years. Broader markets outperformed vastly, with Nifty Midcap and Nifty Smallcap indices rising virtually 24% each and each. Pharma and proper property emerged because the true-performing sectors of 2024, with gains of virtually 40%, marking the second straight yr of optimistic returns for Nifty Pharma and Nifty Realty indices.