Stock Market Highlights: Sensex sheds 200 points, Nifty ends below 24,620; FMCG, banking shares dip
Markets Highlights: Benchmark Indian equity indices BSE Sensex, and Nifty 50 settled in the negative territory on Monday
 "Stock Market Highlights: Sensex sheds 200 points, Nifty ends below 24,620; FMCG, banking shares dip")
Stock Market Highlights, Monday, December 9, 2024: Benchmark equity indices, BSE Sensex and NSE Nifty50, ended the week's first trading session on a lower note on Monday. The 30-share Sensex shed 200.66 points, or 0.25 per cent, to settle at 81,508.46. The index traded in the range of 81,783.28 - 81,411.55.
Similarly, on the NSE, Nifty50 settled at 24,619, down 58.80 points, or 0.24 per cent, from its previous close on Monday. Nifty50 was seen at a day's high of 24,705, while the day's low was seen around 24,580.05.
30 out of the 50 constituent stocks of Nifty50 ended in the red, dragged by Tata Consumer, Hindustan Unilever, Tata Motors, Asian Paints, and Nestle India, with losses extending up to 4.13 per cent. Conversely, Wipro, Larsen & Toubro, SBI Life, BPCL, and Tata Steel were among the 10 that ended with gains extending up to 2.67 per cent. Tata Consultancy Services (TCS) was notably the only stock among the Nifty constituents that ended on a flat note on Monday.
Among the broader markets, Nifty Midcap100 and Nifty Smallcap100 indices ended higher by 0.50 per cent and 0.19 per cent, respectively. FMCG stocks were the worst hit among the sectoral markets, with the Nifty FMCG index ending lower by 2.22 per cent, dragged by Godrej Properties, Tata Consumer, and Marico. This was followed by Media, Auto, Banking, OMCs, and Healthcare indices, with falls of up to 2.02 per cent.
Notably, Nifty Financial Services, IT, Metal, Realty, and Consumer Durables indices managed to eke out some gains on Monday.
3:59 PM
Stock Market Highlights LIVE Updates: IIP and inflation figures would be key in this week
Markets witnessed a range-bound session and mostly languished in negative territory due to lack of investors' enthusiasm after last week's rally. All eyes are on this week's IIP and inflation numbers, which would be key given the RBI's reluctance to cut rates on the back of higher inflation concerns going ahead.
(View by: Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd)
(View by: Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd)
3:46 PM
Stock Market Highlights LIVE Updates: Capital goods, metal stocks see buying in expectation of China stimulus
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(View by: Vinod Nair, Head of Research, Geojit Financial Services.)
(View by: Vinod Nair, Head of Research, Geojit Financial Services.)
3:44 PM
Stock Market Highlights LIVE Updates: Nifty FMCG, Media fall 2% each among sectors
Among sectors, Nifty FMCG, and Nifty Media fell 2 per cent each, followed by Nifty Pharma, PSU Bank, and Healthcare.
3:40 PM
Stock Market Highlights LIVE Updates: Broader markets outperform
Broader markets outperformed benchmarks on Monday, with the BSE MidCap rising 0.32 per cent, while the BSE SmallCap index surged 0.46 per cent.
3:37 PM
Stock Market Highlights LIVE Updates: Heatmap check
HUL, Tata Motors, Axis Bank and Nesle India lead losses on Sensex.
3:35 PM
Stock Market Highlights LIVE Updates: Nifty50 ends below 24,650
The NSE's Nifty50 closed at 24,619, down 58.80 points or 0.24 per cent.
3:33 PM
Stock Market Highlights LIVE Updates: Sensex closes 200 pts lower
At close the BSE Sensex stood at 81,508.46, down 200.66 points or 0.25 per cent.
3:20 PM
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3:01 PM
At 3 PM, the BSE Sensex was 155.95 points, or 0.19 per cent lower, at 81,553, while the Nifty 50 was at 24,632, down by 44 points or 0.18 per cent.
Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade lower
Stock Market LIVE Updates: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading lower on Monday.
At 3 PM, the BSE Sensex was 155.95 points, or 0.19 per cent lower, at 81,553, while the Nifty 50 was at 24,632, down by 44 points or 0.18 per cent.
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First Published: Dec 09 2024 | 7:55 AM IST