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2 min read | Updated on October 08, 2024, 16:57 IST
SUMMARY
Trent Ltd was the biggest NIFTY50 gainer, rallying 7.95% following positive commentary by market experts. The stock hit a high of ₹8,073.4 before closing at ₹8,042 per share. Meanwhile, SBI Life was the top loser among NIFTY50 stocks as the stock tanked 3.24% to settle near the day's low at ₹1,730 apiece.
Stock list
Top gainers and losers: Trent, BEL, Adani Enterprises, Adani Ports lead movers as NIFTY settles above 25,000
Key stock indices SENSEX and NIFTY rebounded nearly 1% on Tuesday, October 8, ending a six-day losing streak. This was driven rally in index heavyweights like HDFC Bank, Reliance Industries and Mahindra & Mahindra.
NIFTY50 gained 217.4 points, or 0.88%, to settle at 25,013. As many as 36 NIFTY shares closed with gains.
The index opened higher and stayed in the positive territory throughout the session. The key index oscillated between an intraday high of 25,044 and a low of 24,756.8.
Benchmark SENSEX rebounded by 584 points, or 0.72%, to close at 81,634 with 19 of its constituents ending in green and 11 in the red.
Media, banking, pharma, auto, IT, and realty shares witnessed value buying while metal shares declined.
In Asian markets, Tokyo, Hong Kong and Seoul settled lower, while Shanghai ended on a positive note. Meanwhile, Global oil benchmark Brent crude declined 1.84% to USD 79.44 a barrel.
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