Market Today

As of December 1, 2023, as per the data available on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange), the Indian stock market witnessed mixed trends. On BSE, the benchmark Sensex closed at 57,967 points, up by 149 points or 0.26%. The broader Nifty50 index closed at 17,274 points, up by 38 points or 0.22%. In the Sensex index, Infosys Technologies was the top gainer, rising by 4.58%, followed by State Bank of India (SBI) and Bajaj Finserv, which gained by 3.65% and 3.54%, respectively. On the other hand, Titan Company and Asian Paints were the major losers in the index, falling by 2.18% and 1.98%, respectively. In the Nifty50 index, Power Finance Corporation (PFC) was the top gainer, rising by 5.48%, followed by Coal India and NTPC, which gained by 4.96% and 3.29%, respectively. The losers in the index included Tata Motors (DVR) and Tata Motors (JV), which fell by 3.63% and 3.10%, respectively. Overall, the market sentiment remained positive due to optimism over a possible rate cut by the Reserve Bank of India in its upcoming monetary policy meeting scheduled for December 5, 2023. However, concerns over rising crude oil prices and inflationary pressures continued to impact investor sentiment. as per the data available on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange), the Indian stock market witnessed mixed trends. On BSE, the benchmark Sensex closed at 57,967 points, up by 149 points or 0.26%. The broader Nifty50 index closed at 17,274 points, up by 38 points or 0.22%. In the Sensex index, Infosys Technologies was the top gainer, rising by 4.58%, followed by State Bank of India (SBI) and Bajaj Finserv, which gained by 3.65% and 3.54%, respectively. On the other hand, Titan Company and Asian Paints were the major losers in the index, falling by 2.18% and 1.98%, respectively. In the Nifty50 index, Power Finance Corporation (PFC) was the top gainer, rising by 5.48%, followed by Coal India and NTPC, which gained by 4.96% and 3.29%, respectively. The losers in the index included Tata Motors (DVR) and Tata Motors (JV), which fell by 3.63% and 3.10%, respectively. Overall, the market sentiment remained positive due to optimism over a possible rate cut by the Reserve Bank of India in its upcoming monetary policy meeting scheduled for December 5, 2023. However, concerns over rising crude oil prices and inflationary pressures continued to impact investor sentiment.

The Indian stock market showed mixed trends on December 1, 2023, according to data from BSE and NSE. The Sensex closed at 57,967 points, up by 0.26%, and the Nifty50 index closed at 17,274 points, up by 0.22%. Infosys Technologies was the top gainer in the Sensex index, rising by 4.58%, followed by State Bank of India and Bajaj Finserv. In contrast, Titan Company and Asian Paints were the major losers in the Sensex index. In the Nifty50 index, Power Finance Corporation was the top gainer, rising by 5.48%, followed by Coal India and NTPC. However, Tata Motors (DVR) and Tata Motors (JV) were the losers in the Nifty50 index, falling by 3.63% and 3.10%, respectively. The market sentiment remained positive due to optimism over a possible rate cut by the Reserve Bank of India in its upcoming monetary policy meeting scheduled for December 5, 2023. However, concerns over rising crude oil prices and inflationary pressures continued to impact investor sentiment.