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Stock Market Highlights | 8th July
Sensex, and Nifty 50 close unchanged; Reliance stock reaches a new all-time high. Sensex closed at 79,960.38, a decrease of 36 points (0.05%), and Nifty 50 ended at 24,320.55, down by only 3 points from Monday's closing.
Both the Sensex and the Nifty 50 ended Monday, July 8 without much change as increases in stocks of major companies like ITC, Reliance Industries, and Infosys were balanced out by declines in HDFC Bank, Titan, TCS, and Mahindra and Mahindra due to mixed international signals.
Investors kept up the battle between bulls and bears by purchasing stocks with appealing valuations while taking profits in those trading at a high price.
The Sensex started at 79,915 compared to its last ending at 79,996.60 and stayed in negative territory for the majority of the session. The index ended the day down 36 points, representing a 0.05% decrease, finishing at 79,960.38. Conversely, the Nifty 50 started trading at 24,329.45 compared to its last closing price of 24,323.85, ending the day slightly down at 24,320.55.
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