Market Highlights, Sept 27: Sensex sheds 264pts, Nifty below 26,200; private banks fall, RIL support

Stock Market Today: Indian equity benchmark indices BSE Sensex ,and Nifty50 ended in red on Friday.

Stock Market Highlights Updates, Friday, September 27, 2024: Indian equity benchmark indices, BSE Sensex and NSE Nifty50, after surging to fresh all-time highs, pared their gains to end the week's last trading session in negative territory.

At the closing bell, the BSE Sensex was down 264 points, or 0.31 per cent, at 85,571.85. The 30-stock index had touched record high of 85,978.25 during intra-day trade.

Notably, index-heavyweight, Reliance Industries, ended with gains of 1.71 per cent. 

Nifty50, on the other hand, scaled an all-time high of 26,277.35 before ending Friday's session with a loss of 37.13 points, or 0.14 per cent, at 26,178.95.

29 out of 50 constituent stocks of Nifty50 ended in the red, with Power Grid Corporation of India, Bharti Airtel, HDFC Bank, ICICI Bank, and Hero MotoCorp being the top laggards with losses of up to 2.96 per cent. Conversely, BPCL, Sun Pharma, Divi's Labs, were among the top gainers with gains of up to 6.23 per cent.

Among the broader indices, the Nifty Midcap 100, and Nifty Smallcap 100 indices settled with losses of 0.15 per cent, and 0.10 per cent, respectively.

Bank Nifty, Media, Nifty Private Bank, and Realty indices ended with losses of over 1 per cent each.

Meanwhile, Nifty Oil & Gas index outperformed the other sectoral indices and ended higher by 2.37 per cent, while PSU Bank, Pharma, Metal, and IT were among other indices that ended with gains of up to 1.15 per cent.