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Indian Stock Market Ends Mixed on Thursday

Strategic Insights

— 2 min read

The Indian stock market concluded Thursday's volatile session on a mixed note, with the BSE Sensex closing in green above 59,900 while the NSE Nifty 50 ended in red below 17,650. The top gainers were ITC, IndusInd Bank, Hindustan Unilever Ltd, Infosys, and Wipro, while the losers included Bajaj Finserv, State Bank of India, and Sun Pharma.

Key Takeaways:

  • The NSE Nifty 50 fell 5.90 points or 0.03% to 17,610.40, while the BSE Sensex rose 74.99 points or 0.12% to 59,932.24.
  • The sectoral indices showed a mixed trend, with Bank Nifty rising 0.39%, Nifty IT up 1.13%, Nifty FMCG up 2.28%, Nifty Metal down 4.35%, and Nifty Pharma falling 0.40%.
  • Adani Enterprises shares crashed nearly 30% for the second day in a row, closing at Rs 1564.
  • The Asian markets closed higher on Wednesday, with China's Shanghai Composite index rising 29.90 pts or 0.90%, Japan's Nikkei 225 closing 19.77 pts or 0.07% higher, and Hong Kong's Hang Seng was up 229.85 pts or 1.05%.
  • The European markets were trading in green, with England's FTSE100 rising 18.16 points or 0.13%, Europe's Euronext100 up 8.66 points or 0.65%, France's CAC trading 36.91 points or 0.52% higher, and Germany's DAX up 197.32 points or 1.30%.
  • The US equity market ended marginally in the green, with the Dow Jones Industrial Average rising 6.92 pts or 0.02% to 34,092.96, S&P 500 climbing 42.61 pts or 1.05% to 4,119.21, and Nasdaq closing 231.77 pts or 2% lower at 11,816.32.
  • The Indian rupee depreciated 0.28% to 82.15 against the US dollar at 3:15 PM (IST).
  • Gold futures rose 1.55% to Rs 58,783.00, while silver futures climbed 2.66% to Rs 71,700.00.
  • WTI Crude futures were up 0.04% at $76.44, while Brent Crude futures traded 0.12% lower at $82.74.
  • Bitcoin rose 3.52% to $23,808.72, while Ethereum climbed 6.06% to $1,669.34.

Statistics:

  • NSE Nifty 50: 17,610.40 (down 5.90 points or 0.03%)
  • BSE Sensex: 59,932.24 (up 74.99 points or 0.12%)
  • Bank Nifty: up 0.39%
  • Nifty IT: up 1.13%
  • Nifty FMCG: up 2.28%
  • Nifty Metal: down 4.35%
  • Nifty Pharma: down 0.40%
  • Adani Enterprises: down 30%
  • Indian rupee: 82.15 (depreciated 0.28% against the US dollar)
  • Gold futures: up 1.55% to Rs 58,783.00
  • Silver futures: up 2.66% to Rs 71,700.00
  • WTI Crude futures: up 0.04% to $76.44
  • Brent Crude futures: down 0.12% to $82.74
  • Bitcoin: up 3.52% to $23,808.72
  • Ethereum: up 6.06% to $1,669.34

Sources:

  • https://www.bseindia.com/
  • https://www.nseindia.com/
  • Contify.com
  • IE Online Media Services Pvt. Ltd.
  • Contify.com

Note: All statistics are based on data provided in the original article.

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