January 10, 2024 / 07:27 AM IST
Market on Tuesday:
Profit booking in the last hour led to benchmark indices losing most of the morning gains on January 9. Nervousness ahead of the earnings season kickoff and weakness in the Asian market kept investors on their toes.
The Sensex closed 30.99 points, or 0.04 percent, higher at 71,386.21, while the Nifty gained 31.85 points, or 0.15 percent, to end the day at 21,544.85. Among sectors, banking stocks saw selling while realty and auto stocks were in demand
The market breadth was broadly in favour of gainers. About 2,243 shares advanced, 1,602 declined and 99 remained unchanged.
Broader market indices also managed to eke out some gains. Nifty SMallcap 100 added 0.44 percent while Nifty Midcap 100 rose 0.16 percent. Nifty 500, the broadest index on NSE, jumped 0.22 percent.
Sectoral matrix was mixed. Nifty Realty that rose 2.52 percent was the biggest gainer. Nifty Healthcare that added 1 percent and Nifty Auto that also advanced about a percent were other top gainers. Nifty Media was the biggest loser down 3.32 percent, thanks to heavy selling in Zee Entertainment. Nifty Bank and Nifty Financial Services were others that closed with cuts.
In the Nifty 50 pack, Hero MottoCorp was the biggest gainer, rising 2.88 percent. Adani Ports, SBI Life Insurance, Adani Enterprises and Apollo Hospitals were other big gainers of the day, rising more than 2 percent each.
Britannia Industries was the biggest loser, down 1.22 percent. Bajaj Finserv, Nestle India and HDFC Life Insurance ended with losses.
