Nifty Indices and Stock Market Indices Experience Fluctuations

Monday, 16 September 2024, 04:20

Indices report highlights that Nifty indices experienced mixed results, with the Nifty Pharma index falling by 0.04%. Market dynamics shifted as key stocks advanced and retreated through trading hours.
Indiatimes
Nifty Indices and Stock Market Indices Experience Fluctuations

Market Overview of Nifty Indices

The latest indices news reveals that the Nifty Pharma index closed on a negative note on Monday, slipping by 0.04% to finish at 23448.75. Among the indices stocks, Biocon Ltd. saw an increase of 3.24%, alongside gains from Sanofi India Ltd. (up 0.71%) and Sun Pharmaceutical Industries Ltd. (up 0.5%). However, several stocks faced challenges, notably Mankind Pharma Ltd. and Abbott India Ltd., with declines of 1.71% and 1.42%, respectively.

Key Market Movements

In broader market activity, the benchmark NSE Nifty50 index rose by 27.25 points, concluding at 25383.75, whereas the BSE Sensex grew by 97.84 points to reach 82988.78. The distribution within the Nifty index was even, with 25 stocks advancing while 25 retreated.

  • Top Gainers: Biocon, Sanofi India, Sun Pharmaceutical
  • Top Losers: Mankind Pharma, Abbott India, J B Chemicals

Trading Highlights

Among the most traded shares during the session included Bajaj Housing Fin, Vodafone Idea, and Zomato. Additionally, several stocks, such as Oswal Green Tech and BSE, achieved fresh 52-week highs, while others like Future Market and Antarctica Ltd. marked new lows.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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