Today’s market news highlights the top gainers and losers as investors navigate through fluctuating indices. Understanding these market movements is crucial for making informed investment decisions.
The Nifty index closed at 25,014.6, marking a decline of 0.87%. During the trading session, the index peaked at 25,143.0 and dipped to a low of 24,694.35. The Sensex experienced greater volatility, oscillating between 82,137.77 and 80,726.06, ultimately closing down by 0.78% at 81,688.45, which represents a decrease of 638.45 points from its opening price.
The Midcap index lagged behind the Nifty 50, with the Nifty Midcap 50 closing down by 1.55%. Small-cap stocks also underperformed; the Nifty Small Cap 100 ended at 18,758.65, representing a drop of 515.8 points or 2.75%. Below are the returns recorded by the Nifty 50 across different time periods:
– **Last week**: -4.01%
– **Last month**: -0.64%
– **Last three months**: 1.87%
– **Last six months**: 9.31%
– **Last year**: 26.98%
Nifty Index Top Gainers and Losers Today
Among the top gainers in the Nifty index were Mahindra & Mahindra (up 1.42%), ITC (up 1.32%), Trent (up 1.31%), Bharti Airtel (up 1.29%), and Infosys (up 0.84%). On the flip side, the biggest losers included Adani Ports & Special Economic Zone (down 4.14%), Bharat Electronics (down 3.55%), NTPC (down 3.48%), Coal India (down 3.37%), and State Bank of India (down 3.26%). It’s important for investors to monitor these fluctuations closely to capitalize on potential opportunities.
The Bank Nifty concluded at 51,462.05, with an intraday high of 51,784.8 and a low of 50,194.3. Here’s how it fared over various time frames:
– **Last week**: -4.86%
– **Last month**: -1.4%
– **Last three months**: -3.86%
– **Last six months**: 3.75%
– **Last year**: 14.85%
On October 7, 2024, the market displayed a mix of dynamics as highlighted by the following stocks:
