Market Close Highlights, Monday, September 9, 2024: Indian equity benchmark indices BSE Sensex and Nifty 50 ended Monday's trading session higher, even as markets in Asia were roiled by weak sentiment emanating from the sell-off in US stocks on Friday.
However, futures in Europe and the US had climbed as investors looked forward to the Federal Reserve's meeting scheduled for next week.
In the domestic market, the BSE Sensex, which had opened lower at 80,973.75, touched a high of 81,653.36 and a low of 80,895.05. At close, the 30-stock index was up 375 points, or 0.46 per cent higher, at 81,560.
Meanwhile, the Nifty 50, which had also opened lower at 24,823.40, touched a high of 24,957.50 and a low of 24,753.15, on Monday's trading session. At close, the frontline index was up 84 points, or 0.34 per cent, at 24,936.
On the NSE, among Nifty 50 stocks, 26 stocks closed in the green, with gains (of up to 2.5 per cent) were led by HUL, Shriram Finance, ICICI Bank, ITC, and Britannia, while losses (of up to 2.91 per cent) were led by ONGC, Tech Mahindra, BPCL, Tata Steel, and Hindalco.
Similarly, gains (of up to 2.95 per cent) were led by HUL among BSE Sensex stocks, followed by ICICI Bank, ITC, Kotak Mahindra Bank, and IndusInd Bank. Half of the 30 stocks on the BSE Sensex had closed in the red, with losses led by Tech Mahindra (of up to 2.6 per cent), followed by NTPC, Tata Steel, Tata Motors, and Power Grid Corporation.
However, the broader markets underperformed the frontline indices, with the BSE SmallCap shedding 0.65 per cent at close, and the BSE MidCap losing 0.2 per cent.
Meanwhile, across sectors, the FMCG index was the biggest gainer, closing 2.04 per cent higher, followed by the Bank and Financial Services indices, which closed 1.07 per cent and 0.82 per cent higher, respectively. The Consumer Durables index also closed higher.
Rest of the sectoral indices closed in the red, with the Oil & Gas index dragging the most at close (1.37 per cent), followed by the IT and Metal indices.