Markets Hold Steady: Sensex Slightly Up, Nifty Inches Higher; Mixed Sectoral Performance

5 Mar 2024 , 01:39 PM

Sensex inches up by 8.52 points or 0.01% to 73,880.81, while Nifty rises by 1.60 points or 0.01% to 22,407.20. Market breadth shows 1099 advancing shares, 2159 declining shares, and 58 unchanged shares.

Midcap index trades flat, Smallcap index declines by 0.5%. Auto, PSU bank, and realty sectors see gains of 0.5-2%, while the IT sector faces a 1.2% decline.

Top gainers include Tata Chemicals (5.18%), Muthoot Finance (4.19%), Manappuram Fin (3.26%), and Tata Motors (3.05%). Top losers include RBL Bank (-4.48%), Voltas (-3.19%), Ramco Cements (-3.09%), and Metropolis (-2.99%). Nifty 50 stocks hitting 52-week highs include Tata Motors, NTPC, ONGC, SBI, Maruti Suzuki, and ICICI Bank.

Crude oil prices decline due to demand concerns despite OPEC’s expected extension of output cuts. Brent futures drop by 10 cents to $82.70 a barrel, while WTI decreases by 17 cents to $78.57 a barrel.

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