Sensex and Nifty trade flat on October 21, 2024

21 Oct 2024 , 02:17 PM

As of 2:00 PM on October 21, 2024, both the Sensex and Nifty indices are displaying flat trends in the stock market, indicating a mixed outlook among investors.

The Sensex has gained 171 points, reflecting a decrease of 0.21%, and is currently positioned at 81,384 points. The Nifty index shows a slight increase of 1.65 points, translating to a gain of 0.01%, and is trading at 24,855 points.

Market sentiment on the National Stock Exchange (NSE) remains mixed, with 725 stocks advancing and 1,802 stocks declining, suggesting a lack of clear direction.

Among the notable gainers on the Sensex, HDFC Bank, Asian Paints, Tech Mahindra, and Larsen have contributed positively to the overall performance of the index.

Conversely, major decliners include Kotak Mahindra, IndusInd Bank, Bajaj Finserv, and Bajaj Finance, which are exerting downward pressure on the index.

Tech Mahindra and HCL Tech have reached their 52-week highs during the trading session, showcasing their strong performance.

On the Nifty, key gainers such as Bajaj Auto, HDFC Bank, Eicher Motors, and Asian Paints are performing in line with the gains observed in the Sensex.

Major losers on the Nifty include Tata Consumer Products, Kotak Mahindra, IndusInd Bank, and Bajaj Finserv, which are facing notable declines.

The broader market is reflecting mixed results, with the BSE Midcap index slightly down by 0.99% and the BSE Smallcap index decreasing by 0.95%, indicating varied performance across different market segments.