Closing Bell: Sensex Sinks 451 Points, Nifty Ends at 23,645 as Markets Turn Bearish on December 30

On December 30, 2024, the Indian stock market ended the week’s first session in the red. The BSE Sensex dropped 450.94 points (0.57%) to close at 78,248.13. Throughout the session, it moved between 79,092.70 and 78,077.13.

Similarly, the NSE Nifty50 slipped 168.50 points (0.71%) to end at 23,644.90 after trading in the range of 23,915.35 to 23,618.90.

Mixed Performance in Broader Markets

• Nifty Midcap100: Gained 0.37%, showing resilience.
• Nifty Smallcap100: Declined 0.62%, reflecting pressure on smaller stocks.

Top Gainers and Losers

The biggest losers included Bharat Electronics, Hindalco, Tata Motors, Trent, and ONGC, with losses of up to 2.76%.

On the positive side, Adani Enterprises, HCL Tech, Tech Mahindra, Apollo Hospitals, and IndusInd Bank were among the 11 gainers, rising up to 7.51%.

Volatility Index Climbs

The India VIX rose 5.55% to 13.97 points, signalling increased uncertainty in the markets.

The session ended on a bearish note, with most sectors, including banking and auto, witnessing a dip.

Sectoral Performance

Sectoral markets showed mixed results on Monday. Nifty PSU Bank, Auto, Financials, Media, Metals, and Realty indices were the biggest losers, falling by up to 1.87%. In contrast, Nifty FMCG, IT, Pharma, Healthcare, and Telecom indices bucked the trend, ending in the green with gains of up to 1.62%.

Oil Prices

As of December 30, 2024, at 03:52 PM, Brent Crude was trading at $73.98, down by 0.26%.

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