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  5. NIFTY50 closes below 25,000, SENSEX down 167 points; check today’s top gainers and losers

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NIFTY50 closes below 25,000, SENSEX down 167 points; check today’s top gainers and losers

Upstox
By Upstox News Desk

3 min read | Updated on October 09, 2024, 16:50 IST

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SUMMARY

Cipla shares gained the most among benchmark NIFTY constituents. The pharma stock closed at ₹1,683 apiece, up by 2.58%. Trent, Tata Motors and State Bank of India emerged as the other major gainers among NIFTY constituents. On the other hand, ITC and Nestle India were the top drags.

Stock list

CIPLA
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TRENT
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ITC
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NESTLEIND
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NIFTY closes flat near 25,000, SENSEX down 168 points: Check top gainers and losers

NIFTY closes flat near 25,000, SENSEX down 168 points: Check top gainers and losers

Benchmark indices SENSEX and NIFTY closed flat on Wednesday, October 9, amid a buoyant mood after the Reserve Bank of India’s (RBI) decision to maintain the repo rate in its latest policy review.

NIFTY50 closed below the 25,000 mark at 24,981 points, down by 31 points, or 0.12%, while the BSE SENSEX closed at 81,467, down by 167 points, or 0.21%.

The key indices dropped to intraday lows of 24,947 and 81,342 points, respectively, earlier in the session.

Sectoral indices NIFTY Pharma and NIFTY Healthcare Index closed higher by 2.04% and 1.85%, respectively. On the other hand, the NIFTY FMCG and NIFTY Oil & Gas closed lower by 1.57% and 0.67%, respectively.

Also Read: IREDA Q2 results preview: Revenue, net profit likely to grow

Out of the 50 NIFTY constituents, 19 closed in the red, dragged down by ITC, Nestle India, and ONGC shares.

Cipla and Trent emerge as top gainers

Cipla shares gained the most among benchmark NIFTY constituents. The pharma company’s shares closed at ₹1,683 apiece, up by 2.58%. The stock gained over 3% to hit an intraday high at ₹1,702.05 apiece.
Tata Group company Trent shares traded northward by nearly 3% to hit an intraday high of ₹8,322.2 apiece. The stock closed 2.34% higher at ₹8,230 apiece on the NSE.
Shares of Tata Motors gained over 3% to hit an intraday high of ₹948.45 apiece on the NSE. The auto stock settled higher by 2.09% at ₹939 apiece.
State Bank of India shares gained nearly 3% to hit an intraday high of ₹804.35 apiece. The stock closed 1.84% higher at ₹795.8 apiece on the NSE.
Shares of Tech Mahindra gained over 2% to trade at an intraday high of ₹1,669.8 apiece before closing at ₹1,658 up by 1.77%.

Among other NIFTY constituents, Bajaj Finance, Bharti Airtel and Maruti Suzuki India closed higher by up to 1.69%.

ITC and Nestle India among the top losers

Diversified FMCG company ITC’s stock declined the most among NIFTY constituents. The stock dipped over 3% to hit an intraday low of ₹490.55 apiece but recovered some losses to close at ₹492.5 apiece, down by 3.04%. The stock was also the biggest loser on the NIFTY FMCG index.
Shares of Nestle India declined more than 4% to hit an intraday low of ₹2,468.95 per piece. The stock settled lower by 2.44% at ₹2518.8 apiece.
Shares of state-owned ONGC Ltd closed lower by 1.69% at ₹288.5 apiece, while Reliance Industries closed 1.67% lower at ₹2,748 apiece.
Hindustan Unilever also closed in the red at ₹2,777.8 apiece, down by 1.45%.

Britannia Industries, Larsen & Toubro, and IndusInd Bank, among other NIFTY stocks, declined up to 1.36%.

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