Indian equities finished the day on a flat note, showcasing resilience after a dip early on Thursday, January 4th, 2024. The benchmark indices, BSE Sensex and Nifty 50, ended with marginal changes after initial pressure following weak cues from global markets.
Sensex Ends 0.75% Lower: The Bombay Stock Exchange (BSE) Sensex index rose by 326 points or 0.46% to trade at 71,683 on January 4, 2024 1. The National Stock Exchange (NSE) Nifty index moved 85 points or 0.40% up to trade at 21,60
The market witnessed a correction on January 3rd, with both the BSE Sensex and Nifty 50 falling. Here’s a look at the top losers on each index:
Among the sectoral indices, IT, pharma, metal and auto were the top performers, while banking, FMCG and realty were the laggards. The broader market also outperformed the benchmarks, with the BSE Midcap and Smallcap indices rising 1.2% and 1.5%, respectively.
The top gainers on the Sensex were Infosys (+3.2%), Tata Steel (+2.9%), Reliance Industries (+2.7%), HCL Technologies (+2.6%) and Sun Pharma (+2.5%). The top losers were HDFC Bank (-1.8%), ITC (-1.6%), Kotak Mahindra Bank (-1.4%), Hindustan Unilever (-1.3%) and ICICI Bank (-1.2%).
The top gainers on the NIFTY50 were Infosys (+3.3%), Tata Steel (+3%), Reliance Industries (+2.8%), HCL Technologies (+2.7%) and Sun Pharma (+2.6%). The top losers were HDFC Bank (-1.9%), ITC (-1.7%), Kotak Mahindra Bank (-1.5%), Hindustan Unilever (-1.4%) and ICICI Bank (-1.3%).
The market will remain closed on Friday, January 5, 2024, on account of Guru Gobind Singh Jayanti.