Sensex and Nifty close slightly lower by 0.04% and 0.05%, Bankex up by 0.10%, Midcap Nifty gains 0.55%

At the close of market trading on October 1, 2024, the benchmark indices showed mixed performances. The Sensex ended marginally lower, closing at 84,266.29, down by 33.49 points (-0.04%), while the Nifty 50 also slipped by 13.95 points (-0.05%), finishing the day at 25,796.90.

The Bank Nifty index closed at 52,922.60, registering a 55.50-point (-0.10%) decline. Similarly, the FinNifty index also saw a slight drop, ending the day at 24,477.45, down by 2.85 points (-0.01%).

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However, on the positive side, the Bankex index gained 61.91 points (+0.10%) to close at 60,100.00, and the Nifty Next 50 posted a strong gain of 189.30 points (+0.25%), closing at 77,284.45. The Midcap Nifty index also performed well, rising by 72.55 points (+0.55%) to end at 13,295.90.

In volatility measures, the India VIX declined sharply by 6.41%, ending at 11.97, reflecting reduced market uncertainty.

The session saw a blend of gains in midcap and next-50 stocks, while blue-chip indices remained subdued.