Indian Stock Market Update 30th Dec 2024: Indian stock market indexes traded volatile on Monday and closed lower due to profit booking in the second half. Weak global cues and FII outflow dampened market sentiment.
Indian Stock Market Update: Sensex and Nifty
The key benchmarks, Sensex and Nifty, opened in the red in the morning and recovered in the late morning session. However, Sensex and Nifty erased all early gains in the second half and ended sharply lower as HDFC Bank Ltd. and ICICI Bank Ltd. share prices led to losses.
The Nifty 50 index ended 168.50 points or 0.71% down at 23,644.90, and the Sensex ended 450.94 points or 0.57% down at 78,248.13. In the broader markets, the Nifty midcap index closed higher by 209.95 points or 0.37%, while the Nifty Smallcap index was down by 115.90 points 0.62% at the close.
The healthcare and pharma stocks outperformed while media, real estate, and auto stocks declined the most. The heavyweight stocks like HDFC, ICICI Bank, and Reliance dragged the benchmarks on Monday. The market breadth was weak as 680 shares advanced on the NSE while 1731 shares declined at the close. The NSE’s volatility index “India VIX” jumped 5.50% to 13.97.
New IPO Listing Today
Three new IPO companies listed today on the NSE and BSE
Senores Pharmaceuticals: The shares of Senores Pharmaceuticals closed at ₹557.80 on the BSE, a 42.66% premium over the issue price of ₹391. It is listed at ₹593.70, at a premium of 51.84%. The stock reached a high of ₹609 and a low of ₹538.85 and traded over 10.98 lakh shares today.
Ventive Hospitality: The shares of Ventive Hospitality closed at ₹704.55, a 9.57% premium over the issue price of ₹643. It is listed at ₹718.15, with an 11.69% premium. The stock hit a high of ₹748.80 and a low of ₹701.55 and traded over 8.42 lakh shares today.
Carraro India: The shares of Carraro India closed at ₹636.30, a 9.62% discount to the issue price of ₹704. It is listed at ₹660, reflecting a 6.25% discount. The stock recorded a high of ₹682 and a low of ₹631.30 and over 3 lakh shares today.
If you like the post “Indian Stock Market Update: Sensex & Nifty Ends Lower Amid Volatility and Profit Booking” please share it with others.
You may also like to read- Nifty and Bank Nifty Price Prediction for December 30, 2024 – January 03, 2025: Key Trends and Insights
Happy Investing!
Editor’s Desk