Wed. Oct 16th, 2024

πŸš€ SENSEX Gains 300+ Points as NIFTY50 Crosses 25,100 Mark! πŸ’Ή

sensex

The Indian stock market is on πŸ”₯ today, with the SENSEX rising 300+ points to trade above 82,000, while the NIFTY50 hit 25,100. Major gains were seen in Shriram Finance, Hero MotoCorp, ITC, HCL Tech, and Trent, while Titan, HUL, Britannia, ONGC, and Adani Ports dragged the market down.


Top Buzzing Stocks πŸ”₯

  • Bandhan Bank surged 2.88% πŸš€ after a strong business update, while Titan slipped 3% due to Q2 results.
  • Bandhan Bank’s business grew by a solid 24.6% YoY, taking loans to β‚Ή1,30,652 crore.
  • Titan’s jewellery segment grew 26% YoY, but the stock still fell amid other factors.

Sector Watch πŸ’Ό

  • IT stocks led the rally with a 1.36% gain, while consumer durables took a hit.
  • Broader market: BSE MidCap was flat, and SmallCap was down 0.54%.

Global Market Impact 🌍

  • Positive global cues, like strong US labor data, are helping Asian markets rally. Meanwhile, oil prices are slightly easing amid tensions in the Middle East.

Stay tuned for more updates on how the market evolves throughout the day!


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