The Nifty 50 and Sensex indices both saw declines on October 17, 2024, primarily driven by weakness in the auto sector.
- The Nifty 50 fell by 0.74%, losing 184.30 points to trade at 24,787.00.
- The Sensex was down 0.58%, shedding 475.61 points to reach 81,025.75.
Top Gainers:
- Infosys emerged as the top gainer, with shares rising 1.20% to ₹1,943.10, reflecting a gain of ₹23.00.
Top Losers:
- Bajaj Auto took the biggest hit, with its shares dropping 11.09% to ₹10,328.75, a decrease of ₹1,288.20.
Sector Performance:
- The Nifty IT index was the best-performing sector, climbing by 0.70% to ₹42,525.30, with Infosys leading the gains.
- In contrast, the Nifty Auto index faced heavy selling pressure, falling by 3.03% to ₹25,123.70, making it the worst-performing sector.
The broader market continues to see volatility, with investors reacting to earnings updates and global cues, particularly in the auto and IT sectors.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
