Market Update: Markets see mixed performance amid global trends

25 Apr 2024 , 01:16 PM

Indian benchmark indices showed a mixed trend on Thursday, following global market cues. At the time of reporting, Sensex gained 205.60 points, or 0.28%, trading at ₹74,058, while Nifty rose by 55 points, or 0.25%, trading at 22,457. Market activity displayed 1,747 advancing shares, 1,400 declining shares, and 101 unchanged shares.

Sectoral indices revealed a varied performance: Bank, Financial Services, FMCG, Metal, Realty, and Consumer Durables indices experienced declines, whereas Auto, IT, Pharma, PSU Bank, Healthcare, and Oil & Gas indices recorded gains.

The broader market depicted positivity, with the BSE SmallCap index rising by 0.51% and the BSE MidCap index by 0.41%.

Among the Nifty 50 stocks, 22 were in the red. Notable drags included Kotak Mahindra Bank, LTIMindtree, HUL, Tata Consumer Products, and Titan. Conversely, Axis Bank, SBI, HCLTech, Sun Pharma, and Dr Reddy’s were the top performers.

In the Sensex, 11 out of 30 stocks faced losses. Key losers were Kotak Mahindra Bank, HUL, Titan, Maruti Suzuki India, and Bajaj Finance. On the other hand, Axis Bank, SBI, Sun Pharma, HCLTech, and ITC registered gains.

According to provisional data from the NSE, foreign institutional investors (FIIs) net sold shares worth ₹2,511.74 Crore, while domestic institutional investors (DIIs) bought stocks worth ₹3,809.90 Crore on April 24.

For feedback and suggestions, write to us at [e-mail]