Stock Market at Close: Sensex, Nifty Gain; Auto, Oil & Gas Top Gainers


by Sandip Das on 11 January 2024,  5 min read

Stock Market at Close: Sensex, Nifty Gain; Auto, Oil & Gas Top Gainers - MyDhanush Blogs by Ashika

The Indian stock market ended with marginal gains on January 11, 2024. At close, Sensex added 63 points at the 71721 mark. Nifty gained 28 points and ended the session at the 21647 level.

A mixed trend was observed on the sectoral front, where the BSE Capital Goods index showed a decline of 1 percent, and the BSE IT index experienced a 0.5 percent decrease. In contrast, the BSE auto and oil & gas indices exhibited an increase of 1 percent each.

Around 1562 stocks advanced and 984 declined while 109 stocks remained unchanged.

Top Nifty50 Gainers

Company Name Last Traded Price % Change
Hero MotoCorp 4330 4.64
Bajaj Auto 7295 3.42
Reliance Industries 2716 2.49
BPCL 458.6 1.63
Axis Bank 1125 1.63

Top Nifty50 Losers

Company Name Last Traded Price % Change
Hindustan Unilever 2536.55 -1.58
Dr Reddy’s Labs 5698 -1.54
SBI Life Insurance 1430 -1.48
Wipro 448.55 -1.11
Larsen & Toubro 3507 -1.09

Asian markets end up mixed

Asia markets extended its record-breaking rally ahead of US inflation data for December. Nikkei ended the session at 35,049, jumping over 1.5 percent while Hang Seng gained 1.26 percent at the 16,302 mark. On the other hand, Kospi shed 0.07 percent at 2540 level.

Also read: Stock Market Holidays in 2024: Check Out When BSE, NSE Will Be Shut

European markets trade in the green

European markets were trading in the green at open on January 11, 2024. FTSE added 0.11 percent at 7,660 while CAC gained 0.28 percent at 7,446. German DAX was up 0.35 percent at 16,748 level.

EaseMyTrip Planners: up 17.06%

Shares of Easy Trip Planners, which operates the online travel portal EaseMyTrip, jumped more than 17 percent following the Maldives row. The Maldivian tourism body has called on EaseMyTrip to re-open flight bookings on its platform to the island nation.

Hero MotoCorp: up 4.64%

Shares of Hero Motocorp Limited surged over 4 percent. This comes after media sources reported that the two-wheeler major is set to enter the 440 cc segment by launching a range of products on January 23.

“Maverick will be Hero’s entry into the 440cc segment for India and global markets and will be rolled out commercially in the coming months,” sources added.

Disclaimer: The information provided in this blog post is for informational purposes only and should not be construed as investment or trading advice. The author is not a financial advisor and does not have any professional qualifications in this area. The author does not guarantee the accuracy or completeness of the information provided. Any action you take based on the information in this blog post is done at your own risk. Please consult with a financial advisor before making any investment decisions.

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