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December 2, 2024 5:03 PM

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Benchmark Indices Surge: Sensex Closes at 80,248, Nifty at 24,276

Domestic benchmark equity indices ended with gains of over half percent, driven by rally in pharma, realty, and auto stocks. The 30-share BSE Sensex gained 445 points, or 0.56 percent, to close at 80,248 and the NSE Nifty50 advanced 145 points, or 0.6 percent, to settle at 24,276.

 

The broader market at the Bombay Stock Exchange displayed a strong performance. The Mid-Cap index ended over one percent up, and the Small-Cap index climbed over 0.8 percent.

 

In the Sensex index, 21 out of 30 companies ended in positive territory. Among the top gainers, UltraTech Cement surged nearly four percent, JSW Steel jumped nearly two and half percent, and Adani Ports climbed over 2.1 percent. Conversely, in the top laggards, NTPC shed over one and half percent, Kotak Mahindra Bank fell 0.7 percent, and Hindustan Unilever dropped over 0.6 percent. 

  

In Sectoral Indices at the BSE, 17 out of 20 sectors logged gains. Among the top gainers, Realty surged over three percent, Consumer Durables gained over 2.2 percent, and Commodities added over one and half percent. Conversely, in the top laggards, Utilities lost over 0.4 percent, FMCG dipped 0.07 percent, and Bankex was marginally down by 0.02 percent. 

 

The overall market breadth at the BSE was positive as shares of 2,508 companies advanced and 1,550 declined while 179 remain unchanged. At the National Stock Exchange, 114 companies hit their 52 week high while 18 hit their 52 week low.