Stock Market News: Sensex, Nifty End in Red; Eicher Motors, M&M Top Losers


by Sandip Das on 2 January 2024,  4 min read

Stock Market News: Sensex, Nifty End in Red; Eicher Motors, M&M Top Losers - MyDhanush Blogs by Ashika

The Indian stock market ended in the red but closed off the day’s low. At close, Sensex was down 379 points at the 71892 mark while Nifty shed 76 points and closed the session at the 21665 mark.

Among sectors, the pharma index was up 2.5 percent, while auto, realty, capital goods, bank, and Information Technology were down by 1 percent each.

Around 1226 stocks advanced and 1310 declined while 117 remained unchanged.

Top Nifty50 Gainers
Company Name Last Traded Price (Rs) % Change
Divis Labs 4037 3.09
Adani Ports 1079 2.97
Sun Pharma 1295.15 2.77
Coal India 391.75 2.61
Cipla 1282.85 2.55
Top Nifty50 Losers
Company Name Last Traded Price (Rs) % Change
Eicher Motors 3894 -3.57
Mahindra & Mahindra 1661 -2.48
UltraTech Cement 10205.1 -2.47
Larsen & Toubro 3440.9 -2.40
Kotak Mahindra Bank 1864.8 -2.32
Asian markets end up mixed

Asia-Pacific markets were mixed on the first trading day of the year. At close Hong Kong’s Hang Seng index was down 1.62 percent while Australia’s S&P/ASX 200 rose 0.49 percent to close at 7,627.8. Kospi added 0.5 percent and closed at the 2669 mark.

Also read: Top 2 Buy Ideas for New Year 2024 Which Can Fetch Up To 15% Return

European markets edge higher

European markets edged higher with FTSE trading flat at 7,731 while CAC added 0.24 percent at the 7,561 mark. German DAX gained 0.6 percent at 16,855 level.

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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