Sensex and Nifty in the Green on October 10, 2024

10 Oct 2024 , 02:08 PM

The Indian benchmark indices, Sensex and Nifty, are trading positively as of 2:00 PM on October 10, 2024. The Sensex has risen by 210 points, equivalent to 0.26%, bringing it to a total of 81,677 points. Meanwhile, the Nifty has increased by 36.45 points, or 0.15%, reaching 25,020 points.

On the National Stock Exchange (NSE), there is a notable discrepancy between advancing and declining stocks, with 1,423 stocks showing gains compared to 1,049 stocks that have declined. This indicates an overall positive market sentiment.

Among the top gainers on the Sensex, prominent companies include Kotak Mahindra Bank, Axis Bank, Power Grid Corporation, and NTPC, all of which are contributing significantly to the index’s upward movement.

Conversely, some companies are experiencing losses, with Titan Company, Tech Mahindra, Infosys, and Sun Pharma being the biggest decliners on the Sensex.

The Nifty index reflects similar trends, where leading performers include Kotak Mahindra, Bharat Electronics, Axis Bank, and Power Grid Corporation. On the other hand, Cipla, Adani Enterprises, Titan Company, and Tech Mahindra are among the major losers.

Notably, HCL Tech and Tech Mahindra have both reached 52-week highs during today’s trading session, indicating strong performance and investor confidence in these stocks.

In the broader market, the BSE Midcap index has seen a slight decline of 0.42%, while the BSE Smallcap index has risen by 0.50%.