Closing Bell: Nifty 50 and Sensex End Lower, Pharma and Metal Stocks Outperform

The Indian equity indices finished lower, with the Nifty 50 down 0.14% at 24,964.25 and the Sensex down 0.28% at 81,381.36. The Nifty Bank fell 0.70% to 51,172.30, while the Nifty 500 saw a slight increase of 0.06% to 23,611.25. The Nifty VIX, a measure of market volatility, decreased by 1.24% to 13.33.

Sector Performance: 

Among the sectors, Nifty Pharma, Nifty Metal, and Nifty Healthcare were the top performers, rising 1.19%, 0.94%, and 0.88%, respectively. In contrast, Nifty Realty and Nifty Financial Services experienced declines of 0.69% and 0.64%.

Top Gainers and Losers

The day’s top gainers included Trent, Hindalco, HCL Tech, Tech Mahindra, and ONGC. Conversely, TCS, M&M, ICICI Bank, Cipla, and Adani Enterprises were the main losers on the NSE.

Oil Prices

As of 3:55 PM on October 11, 2024, Brent Crude was priced at $78.95, down 0.57%.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.