Sensex and Nifty as on 31st May
Stock Market Highlights 2024
Sensex and Nifty, key stock market indicators, ended the day with slight increases on Friday following a five-day downward trend, surrendering the impressive gains seen earlier in the day. The Sensex closed at 73,961.31, a gain of 75.71 compared to the last closing, while the Nifty 50 finished at 22,530, with a 0.2% increase.
The internal market has experienced a reduction over five days due to negative international sentiment and concerns regarding election outcomes. Even though the US market was declining, stocks in the Asia-Pacific region began on a positive note. The attention is now on the upcoming general election, with the final phase set for Saturday and outcomes expected on June 4. The publication of exit polls on Saturday night will impact the markets in the upcoming week.
Top performers:
Adani Enterprises holds a 6.54% stake, while Adani Ports has 3.81%, Infosys has 1.59%, Coal India has 1.50%, and Tata Steel has 1.46%.
Biggest decliners:
Shares of Divi’s Lab decreased by 2.33%, while those of Nestle India dropped by 2.07%. TCS saw a decline of 1.60%, while Grasim and Maruti both experienced a decrease of 1.56%.
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