Stock Market Highlights for November 29: Nifty and Sensex Performance

On November 29, 2024, the Indian stock markets showed a positive trend at the end of the trading day. The benchmark indices, the NSE Nifty 50 and the BSE Sensex, closed significantly higher.

Market Overview

The NSE Nifty 50 climbed by 216.95 points, or 0.91%, finishing the day at 24,131.10. Likewise, the BSE Sensex surged by 759.05 points, marking an increase of 0.96%, to close at 79,802.79.

Leading Gainers

Among the notable gainers in the Nifty, Bharti Airtel, Sun Pharmaceutical Industries, Cipla, Mahindra & Mahindra, and Tata Consultancy Services stood out as the top performers, driving the index higher.

Top Losers

On the downside, the stocks that hindered the Nifty's performance were Power Grid and Shriram Finance, which experienced declines during the trading session.

Sector Performance

In terms of sector performance, all sectors on the NSE closed in the green, with the exception of Nifty Realty and PSU Bank sectors, indicating widespread market optimism.

Broader Market Trends

The broader markets, however, displayed slightly weaker performance with the BSE MidCap index rising by 0.31% and the SmallCap index moving up by 0.76% during the trade.

Market Breadth Analysis

Market breadth favored the buyers today, where a total of 2,334 stocks advanced, while 1,623 declined, and 93 remained unchanged on the BSE, reflecting a positive sentiment among investors.

Currency Update

In currency trading, the Indian rupee closed largely unchanged against the US dollar at 84.49, showing stability in the currency markets.

Stock, Market, Nifty