Sensex and Nifty in red on October 7, 2024

7 Oct 2024 , 01:12 PM

The Indian stock market indices, Sensex and Nifty, are facing declines today, with both trading in the red.

As of 1:05 pm, the Sensex is at 81,083, reflecting a drop of 604 points or 0.74% from the previous closing. The Nifty index is down to 24,799, with a decline of 218 points, representing a 0.87% decrease.

On the National Stock Exchange (NSE), market activity shows 243 stocks advancing while 2,321 stocks are declining, indicating significant market weakness.

Top gainers in the Sensex include ITC, Bharti Airtel, Infosys, and Bajaj Finance, showing some positive movement. The index is being dragged down by top losers such as NTPC, PowerGrid Corp, Titan Company, and IndusInd Bank. No stocks have reached a 52-week high in the Sensex today, reflecting the overall bearish sentiment.

In the Nifty, leading gainers are ITC, Bharti Airtel, Infosys, and Cipla, providing some support to the index. Conversely, major losers in the Nifty include NTPC, Adani Ports, PowerGrid Corp, and Coal India, further contributing to market weakness.

In the broader market, the BSE Midcap Index has fallen by 2.07%, while the BSE Small cap Index has decreased by 3.18%.