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Home / Markets / News / Market Highlights, Sept 13: Sensex ends flat, Nifty near 25,350; MidCap index settles at record high
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Market Highlights, Sept 13: Sensex ends flat, Nifty near 25,350; MidCap index settles at record high

Stock Market Highlights: The NSE Nifty Midcap 100 index ended at a record high closing level of 60,034.05 on Friday

Image SI Reporter New Delhi
Stock market, Asian stock market

Stock Market Highlights, Friday, September 13, 2024: Benchmark equity indices, the BSE Sensex and NSE Nifty, ended the week's last trading session on a flat note. The 30-share Sensex shed 71.77 points or 0.09 per cent to settle at 82,890.94, while the Nifty 50 ended 32.40 points or 0.13 per cent lower at 25,356.50. 

32 out of 50 constituent stocks ended in the negative territory, dragged by SBI Life, Adani Ports, HDFC Life, ITC, and Coal India with losses of up to 1.65 per cent, while Wipro, Bajaj Finance, Bajaj Finserv, and Grasim led the gains of up to 3.78 per cent on Friday.

From the BSE space, Adani Ports, ITC, Bharti Airtel, NTPC, and Maruti Suzuki India were the top laggards among the 19 constituent stocks of the Sensex that ended in the red, while Bajaj Finserv, Bajaj Finance, and IndusInd Bank were the top gainers among the 11 stocks that settled with gains on Friday.

Among the broader indices, the Nifty Midcap 100 settled at a record high closing level of 60,034.05 with a gain of 393.75 points or 0.66 per cent. The index had touched an all-time high of 60,189.35 during intra-day trades on Friday.

Meanwhile, the Nifty Smallcap 100 index advanced for the second consecutive session to end with a gain of 0.78 per cent on Friday.

All the sectoral indices, barring FMCG, Healthcare, and OMCs, settled in the positive territory with Media, PSU Bank, and Realty indices ending 1 per cent higher each.

The Nifty IT index hit a record high of 43,571.65 during intra-day trade before settling at 43,394.35, with a gain of 0.56 per cent on Friday.
3:51 PM

Stock Market Comment: Nifty Outlook and Key levels

The index remained range-bound throughout the day. On the higher end, it faced resistance at the rising trendline on the daily chart. On the lower timeframes, the RSI has entered a bearish crossover, signaling an early indication of a potential bearish momentum reversal. In the near term, the trend may remain sideways. Support is observed at 25,150–25,200, while resistance is seen at 25,460.

Views by: Rupak De, Senior Technical Analyst at LKP Securities.
3:50 PM

Stock Market Comment: Why Sensex, Nifty closed flat today?

The market took a breather and ended on a flat note after the previous day’s sharp uptick. Despite domestic CPI inflation being within RBI's target band, the increase in food prices may influence the central bank to remain prudent on rates. Higher liquidity from FIIs to the domestic market and a slide in US 10-year yield increased the prospects of the FED rate cut, which will aid domestic sentiment.

Views by: Vinod Nair, Head of Research, Geojit Financial Services
3:48 PM

Stock Market LIVE: India VIX eases for 2nd day, slips 4.7%

>> India VIX ends at 12.55 level.
>> India VIX hit a low of 12.47 level today
>> India VIX closed over 3% lower yesterday


3:46 PM

Rupee Closing: Indian Rupee ends 8 paise stronger vs US dollar

>> Rupee ends at 83.898 per US dollar
>> Rupee ends higher after 2 straight flat closings

3:44 PM

Stock Market Closing Bell LIVE Updates: Nifty SmallCap index outshines peers

>> Nifty SmallCap index gains 0.78% today
3:41 PM

Stock Market Closing Bell LIVE Updates: Nifty MidCap ends at record closing

>> Nifty MidCap index hits record high of 60,189.35 during the day
>> Index ends 0.66% higher

3:40 PM

Stock Market Closing Bell LIVE Updates: All but Nifty FMCG end higher

>> Nifty Realty rises 1.7%, Nifty PSU Bank 1.2%, and Nifty Metal 0.8%.
>> Nifty FMCG slipped 0.7%
3:38 PM

Stock Market Closing Bell LIVE Updates: Bajaj twins end as top Sensex gainers ahead of Bajaj Housing listing

>> Only 11 stocks settled in the green today

>> Bajaj twins, IndusInd Bank, Tata Steel, Axis Bank, and Tech M were the top Sensex gainers today

>> Adani Ports, ITC, Bharti Airtel, NTPC, Maruti Suzuki, and Asian Paints were the top Sensex losers

3:35 PM

Stock Market Closing Bell LIVE Updates: Nifty ends below 25,350

>> NSE Nifty50 closed at 25,344.00, down 44.90 points or 0.18%

3:33 PM

Stock Market Closing Bell LIVE Updates: Sensex ends mildly in red

>> BSE Sensex ends listless session at 82,890.94, down 71.77 points or 0.09%

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First Published: Sep 13 2024 | 7:36 AM IST

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