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Sensex and Nifty End Lower on October 9, 2024

9 Oct 2024 , 04:47 PM

Indian benchmark indices ended marginally lower on October 9 after a volatile session, following final-hour selling. 

Sensex closed down by 167.71 points (0.21%) at 81,467.10, and Nifty fell by 31.20 points (0.12%) to 24,982. Sensex and Nifty erased gains of 852 points and 252 points from their intraday highs.

Top Nifty losers included ITC, Nestle, Reliance Industries, ONGC, and HUL, while Trent, Cipla, Tata Motors, SBI, and Maruti Suzuki were among the top gainers. BSE Midcap and Smallcap indices rose over 1% each.

The RBI’s Monetary Policy Committee held the repo rate at 6.5% for the 10th consecutive time, with MSF and SDF rates maintained at 6.75% and 6.25%, respectively.

Sector-wise, all indices except FMCG (-1.3%) and oil & gas (-0.6%) ended in the green, with pharma, power, and realty sectors gaining 1-2%. Over 180 stocks hit their 52-week highs on BSE, including Cipla, Infosys, MCX India, Polycab India, Torrent Power, and Trent.

Related Tags

  • Closing Commentary
  • market update
  • nifty
  • sensex
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