Market Wrap, January 30: SENSEX, NIFTY50 end higher for 3rd session ahead of Economic Survey 2024-25; five key things you need to know

Union Finance Minister Nirmala Sitharaman will table the Economic Survey 2024-25 on Friday, January 31, 2025, when Lok Sabha and Rajya Sabha convene briefly after President Droupadi Murmu’s address to Parliament.

The stock market ended in the green amid healthy buying in sectors such as energy, oil & gas, healthcare, utilities, and realty counters.

The session was volatile as it was the expiry day of futures & options (F&O) contracts for the January series. On the expiry day, there is a rush of activity as market participants adjust their positions—close out contracts or roll over to the next expiry.

At the close, the S&P BSE SENSEX stood at 76,759.81 levels, up 226.85 points, or 0.30%, while the NSE's NIFTY50 index ended at 23,178.15, up 15.05 points, or 0.06%.

Top gainers and losers

As many as 35 stocks on the NIFTY50 index ended in the green, 15 in the red, while one scrip remained unchanged.

Stocks in news

Broader Market

The BSE MidCap index ended at 42,349.36, down 16.77 points, or 0.04%, while the BSE SmallCap index settled at 49,059.17, up 8.60 points, or 0.02%.

Sector Watch

Barring technology and consumer durables, all other indices settled in the green. Energy stocks rallied the most.

The BSE OIL & GAS index ended at 24,898.29, up 388.91 points, or 1.59%. The BSE Energy index ended at 10,670.99, up 159.55 points, or 1.52%.

Market Statistics

As many as 4,074 stocks traded on the BSE on Thursday. Out of this, 2,138 advanced, and 1,812 declined, while 124 scrips remained unchanged.

Further, as many as 61 stocks hit their 52-week highs and 100 stocks slipped to their one-year lows.

As many as 10 stocks hit their upper circuits and 4 their lower circuit limit bands.