Sensex and Nifty close in red on October 7, 2024

7 Oct 2024 , 06:26 PM

The Indian stock market extended its losing streak to six consecutive sessions on October 7, as volatility continued to impact trading.

The Sensex closed 638.45 points lower, down 0.78%, settling at 81,050, while the Nifty declined by 218.80 points or 0.87%, closing at 24,795.80.

The biggest losers in the Nifty included NTPC, Adani Ports, Adani Enterprises, SBI, and Coal India, while top gainers were ITC, Bharti Airtel, Trent, M&M, and Infosys.

The IT sector was the only one to close in positive territory, gaining 0.6%, while all other sectors ended in the red. Sectors like PSU banks, healthcare, capital goods, realty, metal, power, oil & gas, media, and telecom saw declines of 1-3%.

The BSE Midcap index dropped by 2%, and the Smallcap index fell by over 3%.

Over 160 stocks, including Coforge, Dr. Lal PathLab, V-Mart Retail, and Strides Pharma, hit 52-week highs, while 130 stocks, including Vodafone Idea, Zee Entertainment, and IDFC First Bank, hit 52-week lows.