Indian Stock Market Today: Nifty 50 and Sensex Performance Overview
Friday, 27 September 2024, 15:43
Nifty 50 and Sensex Close Off Record Highs
Indian stock market today witnessed fluctuations as both the Nifty 50 and Sensex closed below their record highs. While they achieved fresh peaks earlier, profit booking by investors led to minor declines by the end of the session.
Performance Highlights
- Nifty 50 reached a fresh all-time high of 26,277 before closing at 26,199, down 0.14%.
- Sensex peaked at 85,978 but finished at 85,615, a 0.30% fall.
- Both indices gained over 1.2% this week, with large-cap stocks leading the rally.
Sector Performance
- IT stocks saw gains, especially after positive developments in the sector.
- Metal stocks surged on the back of China's recent stimulus measures.
- Sugar stocks increased due to anticipated price hikes.
Overall, 32 of the Nifty 50 constituents closed in positive territory, with BPCL leading the charge, gaining 6.4%.
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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.