Sensex and Nifty in Red on October 3, 2024

3 Oct 2024 , 02:48 PM

On October 3, 2024, the Indian benchmark indices, Sensex and Nifty, are trading in the red, indicating a bearish market sentiment.

As of 2:39 PM, the Sensex is recorded at 82,498, which signifies a drop of 1,767 points or 2.12% compared to the previous trading session. Similarly, the Nifty index is trading at 25,252, reflecting a decrease of 544 points, translating to a 2.18% decline from its last close.

In the National Stock Exchange (NSE), a total of 471 stocks are on the rise, while a significant 2,030 stocks are witnessing declines.

Among the top gainers in the Sensex are JSW Steel, Tata Steel, and ONGC, indicating some resilience in these sectors despite overall market downturn. Conversely, the major losers include BPCL, Shriram Finance, Asian Paints, and Maruti Suzuki, highlighting the challenges faced by these companies.

JSW Steel, Hindalco, and Britannia have reached new heights, hitting their respective 52-week highs during this trading session.

Notably, JSW Steel is the only stock within the Sensex to achieve a 52-week high, while Tata Steel is also among the top gainers. Asian Paints, Maruti Suzuki, Larsen & Toubro, and Axis Bank are prominent losers in the index, contributing to the negative market trend.

In the broader market context, the BSE Midcap index has decreased by 2.30%, and the BSE Smallcap index has experienced a decline of 1.93%.