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Stock Market Highlights: Oct 29, 2024: Sensex Gains 364 Points, Nifty Closes Above 24,450

Indian stock market

October 29, 2024

New Delhi, India

Market Highlights

  • Indices Performance:
    • Sensex rose by 364 points, closing at 80,369.03 (+0.45%).
    • Nifty gained 127.60 points, ending at 24,466.80 (+0.52%).
  • Top Gainers on Nifty: SBI, Bharat Electronics, SBI Life Insurance, HDFC Life, ICICI Bank.
  • Top Losers on Nifty: Tata Motors, Dr. Reddy’s Labs, Maruti Suzuki, Hero MotoCorp, Bajaj Auto.
  • Sectoral Movements:
    • Gains: Banking, realty, power, and capital goods sectors, up 1-2%.
    • Losses: Pharma, IT, and auto sectors, down 0.5-1%.

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FII Activity

  • Foreign Institutional Investors (FIIs) net sold equities worth Rs 3,228.08 crore on Monday, adding pressure to the market amid a mixed earnings season.

Dhanteras Session Surge Indian equity indices extended gains on Dhanteras, with realty and financial stocks showing resilience, despite recent market volatility.

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