Stock Market Highlights, Tuesday, October 29, 2024: Benchmark equity indices, BSE Sensex and NSE Nifty 50, pared the early losses, to extend gains for the second consecutive session, settling in positive territory on Tuesday.
The BSE Sensex added 363.99 points or 0.45 per cent to settle at 80,369.03. Similarly, the NSE Nifty 50 ended higher by 127.70 points or 0.52 per cent at 24,466.85.
Notably, 31 out of 50 constituent stocks of Nifty 50 ended higher, with gains led by State Bank of India, Bharat Electronics, HDFC Life, SBI Life, and Eicher Motors, extending up to 5.05 per cent. On the other hand, Maruti Suzuki India, Tata Motors, Dr Reddy's Labs, Hero MotoCorp, and Sun Pharma were among the 19 stocks that ended in red with losses extending up to 4.16 per cent.
Among the broader markets, Nifty Midcap 100 and Nifty Smallcap 100 indices ended higher by 0.92, and 0.76 per cent respectively.
Among the sectoral markets, banking and financial services stocks led the charge. The Nifty PSU Bank index ended higher by 3.64 per cent, followed by Bank Nifty at 2.07 per cent and Nifty Private Bank at 1.53 pe rcent. The Nifty Financial Services index ended higher by 2.08 per cent.
Meanwhile, Auto, Pharma, IT, FMCG, and Healthcare stock indices settled in red on Tuesday.