Stock Market Highlights, Friday, October 4, 2024: Benchmark equity indices, the BSE Sensex and NSE Nifty50, ended the week's last trading session in negative territory, down nearly 1 per cent each, weighed down by selling across sectors.
The BSE Sensex shed 808.65 points or 0.98 per cent to 81,688.45. The index traded in the range of 81,532.68-83,368.32 today.
Similarly, the Nifty50 also dropped 235.50 points or 0.93 per cent to settle at 25,014.60 on Friday. The index traded in the range of 24,966.80-25,485.05 today.
The day ended in favor of bears as 37 out of 50 constituent stocks of Nifty50 ended in the red, dragged down by Mahindra & Mahindra, Bajaj Finance, Nestle India, BPCL, and Hero MotoCorp, with losses extending up to 3.54 per cent. Conversely, Infosys, ONGC, HDFC Life Insurance Company, Tata Motors, and Wipro were among the 13 constituent stocks that ended in the green, with gains extending up to 1.51 per cent.
That said, the fear index, India VIX, ended higher by 7.27 per cent at 14.13 points.
Broader indices ended in the red, with Nifty Midcap 1000 and Nifty Smallcap 100 settling down by 1.01 per cent and 0.90 per cent, respectively.
The sectors that bore the brunt of the downturn were FMCG, Auto, Media, Realty, and OMCs, all of which fell by more than 1 per cent. Notably, the Nifty Media index plummeted 2.53 per cent on Friday.
However, IT and PSU Bank indices succeeded in eking out some gains, ending higher by 0.45 per cent and 0.61 per cent, respectively, on Friday.