During today’s (11 July 2024) session Indian stock market benchmarks, Sensex and Nifty, ended flat on Thursday, 11 July, with gains in ITC, ONGC, Tata Motors and SBI offsetting losses in Mahindra and Mahindra (M&M), Bajaj Finance, L&T and HDFC Bank.
Benchmark indices remained stable on Thursday, while maintaining the theme of carefully selecting some equities and taking profits from others. Experts say that the market is failing to break out of the current range due to lack of new catalysts. This trend may continue till the budget is released on July 23.
Nifty closed nearly 9 points or 0.03 per cent lower at 24,315.95, while Sensex closed 27 points or 0.03 per cent lower at 79,897.34.
The BSE midcap and smallcap indexes beat their benchmarks by gaining 0.34 and 0.57 per cent, respectively.
The market capitalisation of businesses listed on the BSE rose to over ₹451.3 lakh crore from ₹450.1 lakh crore in the previous session, making investors richer by over ₹1 lakh crore in a day.
Top Nifty 50 gainers today
ONGC (2.40%), Coal India (2.20%) and BPCL (2.13%) closed as top gainers in the Nifty 50 index.
Top Nifty 50 Losers Today
Tata Consumer (1.79%), Bajaj Finance (1.36%) and Divis Lab (1.19%) stocks closed with losses.