iifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Indices edge higher for fourth day amid volatility

24 Apr 2024 , 03:48 PM

Indian benchmark indices continued their upward trajectory for the fourth consecutive session on Wednesday, driven by a mixed bag of Q4 results from various companies. However, gains were somewhat restrained due to the varied performance of global counterparts.

The Sensex, which commenced the day on a positive note at 73,957.57, surged to an intraday high of 74,121.61 before retracing some of its gains. Ultimately, it concluded the day with an uptick of 114.49 points, or 0.16%, at 73,852.94.

Similarly, the Nifty 50, opening higher at 22,421.55, reached a peak of 22,476.45 during trading hours. By the closing bell, it recorded a modest gain of 34.40 points, or 0.15%, settling at 22,402.40.

Among the 30 stocks constituting the BSE Sensex, 13 ended in negative territory. Notable decliners included TCS, Tech Mahindra, Maruti Suzuki India, Reliance Industries, and Titan. Conversely, JSW Steel, Tata Steel, Power Grid Corp., Kotak Mahindra Bank, and UltraTech Cement emerged as the top performers.

Meanwhile, out of the 50 stocks listed on the Nifty 50, 20 closed in the red. Leading gainers included Hindalco, Cipla, JSW Steel, Tata Steel, and Power Grid Corp., while Tata Consumer Products, Grasim Industries, Bajaj Auto, Tech Mahindra, and HDFC Life were among the notable losers.

The broader market exhibited strength, with the BSE SmallCap advancing by 0.79% and the BSE MidCap by 0.92%.

In sectoral performance, except for IT, Media, PSU Bank, and Auto, all other indices ended on a positive note. The Metal index led the gains, surging by 2.69%. Additionally, the healthcare index rose by 1.26%, Consumer Durables by 0.90%, Oil & Gas by 0.67%, and Pharma by 0.66%.

The Bank and Financial Services indices saw an uptick of 0.46% and 0.51%, respectively, while the FMCG index witnessed a marginal increase of 0.05% at the closing bell.

Related Tags

  • BSE
  • closing bell
  • nifty
  • NSE
  • sensex
  • stock market news
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.