Stock market update: Stocks that hit 52-week highs on NSE in today’s trade (07-10-2024)
AstraZeneca, Visa Steel Ltd, Diffusion Engineers, Ujaas Energy and Power & Instrument, hit their fresh 52-week highs during the day.
Quick Wrap: Nifty Media Index falls 3.65% (07-10-2024)
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Market sell-off continues for 6th day; Nifty settles below 24,800; VIX spurts 6.74% (07-10-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex dropped 638.45 points or 0.78% to 81,050. The Nifty 50 index slipped 218.85 points or 0.87% to 24,795.75.
Adani Ports shares tumble 5% as Iran-Israel tensions escalate (07-10-2024)
Shares of Adani Ports fell 5.3% in intraday trading, hitting a low of Rs 1,337.30 on the BSE, due to escalating conflicts in the Middle East. Adani Ports, which operates Israel’s largest port in Haifa with a 70% stake, could face operational challenges if the situation worsens, despite its strategic presence in the Mediterranean.
Market Wrap: Sensex, Nifty close lower for sixth session amid Middle East tensions (07-10-2024)
Sensex and Nifty50 fell for the sixth consecutive session on Monday. Middle East tensions and softer corporate earnings expectations affected investor sentiment. Sensex dropped by 638 points and Nifty declined by 218 points. Adani Ports, NTPC, SBI, and Power Grid were the top laggards, while IT sector saw gains led by LTIMindtree and Mphasis.