HomeMarket NewsStock Market Highlights: Nifty 50 ends at one month excessive as indices be pleased for third day in a row
By CNBCTV18.COM | Dec 3, 2024 4:05 PM IST (Up so far)
Sensex This day | Stock Market Highlights: The Indian stock markets surged for the third consecutive session, with the Nifty mountaineering to a one-month excessive and shutting at 24,457, up 181 components. The Sensex followed suit, advancing by 598 components to settle at 80,846, pushed by stable performances within the financial and midcap sectors. The Midcap Index gained 508 components to reach 57,509, while the Nifty Financial institution rose 587 components, ending at 52,696
Sensex This day | Stock Market Highlights: Adani Team stocks had been amongst the discontinue performers on the Nifty, with Adani Ports surging by 6% and Adani Enterprises adding 3%. The financial sector outshone others, while stocks fancy Reliance and ONGC posted beneficial properties of up to 2% following the elimination of the windfall tax. Insurance protection stocks furthermore rallied on speculation of a seemingly GST reduction on properly being insurance protection premiums, with Niva Bupa and Huge title Health mountaineering 10% and 4%, respectively.
ITC closed within the crimson however recovered from intraday lows as markets digested news surrounding GST-connected dispositions. Cipla rebounded virtually 2% after reversing the day earlier than this day’s losses, while Torrent Power gained 5% following the open of its ₹3,500 crore certified institutional placement (QIP).
NTPC Green Vitality witnessed stable procuring pastime, closing 10% increased. Ola Electrical’s stock furthermore rose by virtually 6%, marking beneficial properties in seven of the final eight sessions. PVR climbed 2% forward of the predicted release of Pushpa 2, nearing its day’s excessive.
