The stock market saw a dramatic surge on November 22, 2024, with Sensex closing 1961 points higher at 79,117 and Nifty rising 557 points to hit 23,907. Strong gains in the finance, FMCG, and IT sectors fueled the rally.
Guru Nanak Jayanti 2024 brings nationwide closures on November 15, affecting banks, schools, and stock markets. Check the full list of closures across India and state-specific holidays in November.
"The exchange hereby notifies Wednesday, November 20, 2024, as a trading holiday on account of Assembly Elections in Maharashtra," NSE said.
In the stock market by 2:28 pm, the S&P BSE Sensex was up by 1055.31 points, reaching 80,531.94, while the NSE Nifty50 gained 311.95 points, trading at 24,525.25.
Diwali Muhurat Trading: Trading would take place across various segments like equity, commodity derivatives, currency derivatives, equity futures and options, and securities lending and borrowing in the same time slot.
Diwali 'Muhurat Trading': Muhurat trading is an auspicious session to mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.
Stock Market crash: The market capitalisation of all the companies listed on the BSE plunged Rs 9.8 lakh crore to Rs. 435.1 lakh crore on Friday. And the benchmark BSE Sensex fell 663 points, or 0.83 per cent, to end the day below the 80,000 mark at 79,402.
The Sensex dropped 240 points while the Nifty slipped below 25,000 in early trade, driven by global economic uncertainties and weakness in banking, IT, and energy sectors.
In early trade on Friday, the BSE Sensex surged 327 points to 82,300.44, while the NSE Nifty gained 84 points to reach 25,212.05. Major sectors, including banking and IT, contributed to the market rally, driven by positive global and domestic cues.
The benchmark indices broke their five-day losing streak after the stronger-than-expected US job report that created optimism in the markets.
The stock markets faced a significant downturn on Monday, with the Sensex falling by 1.43% to close at 83,063.67, while the Nifty slipped by 1.45% to settle at 25,422. The decline comes amid escalating geopolitical tensions between Israel and Iran, leading to increased uncertainty in global markets.
Sensex climbed 348 points to 84,647.88, while Nifty gained 96 points to 25,907.60 in early trade. Key sectors like IT, banking, and FMCG led the surge.
The Sensex and Nifty fell during the early trade amid a fall in the Asian markets. The fall comes after both the benchmark indices touched a record high in the past week.
The BSE Sensex hits a lifetime high of 85,836.12, while NSE Nifty reaches a record 26,216.05. Strong investor sentiment and global cues boost the market.
The Sensex surged to a record high, closing above 85,000, while the Nifty crossed the 26,000 mark, driven by gains in banking, IT, and auto sectors. Strong earnings and economic indicators fueled the rally.
The market faced broad-based selling pressure across sectors, with financial, IT, and energy stocks among the top laggards. However, select FMCG and pharmaceutical stocks showed resilience, offering some support to the market.
Market experts attributed the rally to positive global cues, strong corporate earnings, and consistent foreign inflows. The rally was led by gains in banking, IT, and energy stocks, reflecting robust investor sentiment.
While the Sensex faced a slight downward pressure, the Nifty stayed in the green, albeit with a marginal increase.
The upward movement in the market was driven by positive investor sentiment, strong global cues, and buying interest in key sectors such as IT, banking, and energy. Analysts attributed the surge to favourable economic data and robust corporate earnings, which have bolstered market confidence.
Positive cues from global markets and sustained buying in select heavyweight stocks contributed to the early gains. Key sectors including IT, financials, and energy showed strength, bolstering overall market sentiment.
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