Sensex Today: Index Flat, Nifty Above 24,600; Auto, IT Lead Gains
Indian stock markets closed with minor gains on Wednesday, December 11, as benchmark indices reflected subdued momentum. The Nifty50 settled above 24,600, while the Sensex recorded a marginal uptick.
Sensex Today: Index Flat, Nifty Above 24,600; Auto, IT Lead Gains
The Sensex concluded the session at 81,526.14, rising 16.09 points or 0.02 per cent. Meanwhile, the Nifty closed at 24,641.80, adding 31.75 points or 0.13 per cent. The broader market sentiment saw 2,053 stocks advancing, 1,772 declining, and 109 remaining unchanged on the Bombay Stock Exchange (BSE).
Among the top performers on the Nifty index were Trent, Bajaj Finance, Britannia Industries, Shriram Finance, and Bajaj Finserv. In contrast, major laggards included JSW Steel, Adani Ports, NTPC, SBI, and Axis Bank.
Sectoral indices displayed mixed trends. The auto, FMCG, IT, and metal sectors showed gains, indicating buying interest in these segments. However, the PSU Bank index fell nearly 1 per cent, dragging market sentiment.
The BSE Midcap and Smallcap indices advanced by 0.3 per cenet each, suggesting a slightly positive trend in mid- and small-cap stocks.
Global markets, including the Asian stock market and the broader world stock market, influenced trading sentiment. Investors tracked developments in the commodity market, including fluctuations in crude oil prices and the performance of key indices such as the Gift Nifty. Currency movements, particularly the exchange rates of the rupee vs. dollar (INR vs. USD) and the euro, also impacted market behavior.