Indian stock markets closed in the negative territory on Thursday with the Sensex and Nifty, both ending the day lower, as concerns over currency weakness and muted earnings expectations weighed on investor sentiment.
The equity benchmarks shed over one per cent during the trading session on Monday, impacted measurably by the global cues, weakness in the Indian rupee, and detection of human metapneumovirus (HMPV) in India.
The broad market showed a mixed performance, with 37 stocks advancing and 13 declining from the Nifty 50 index.
Among the top gainers were Maruti, M&M, LT, Bajaj Finance, and Tata Motors, which saw strong upward movements, while Hindalco, Dr Reddy's, Adani Ports, ONGC, and Tata Steel st
The Indian benchmark equity indices, BSE Sensex and NSE Nifty 50, witnessed a recovery from intra-day lows but ended the last trading session of 2024, near flatline on Tuesday.
The Sensex surged by 498.58 points, settling at 78,540.17, while the Nifty rose by 165.95 points, closing at 23,753.45. The rally was supported by broad-based buying, although market experts suggest that the short-term outlook may remain cautious.
The BSE Sensex declined by 384.55 points, settling at 81,748.57, while the NSE Nifty shed 100.05 points, closing at 24,668.25. From the Nifty pack, only 9 companies advanced, while 40 stocks declined, reflecting a broadly bearish sentiment.