Stock Market Highlights, Thursday, November 7, 2024: Benchmark equity indices, the BSE Sensex and NSE Nifty, retreated from yesterday's closing, and ended lower by over 1 per cent each ahead of the US Federal Reserve's monetary policy rate decision announcement scheduled for later today. Notably, this will be Fed Chair Jerome Powell's first address following media reports suggesting that former President Donald Trump emerged victorious in the 47th presidential election results.
At close, the BSE Sensex was down by 836.34 points, or 1.04 per cent, at 79,541.79, while the Nifty 50 was at 24,199.35, declining by 284.67 points, or 1.16 per cent.
Bears took control on D-Street as 46 out of 50 constituent stocks of the NSE Nifty50 ended in the red, dragged down by Hindalco, Trent, Grasim, Shriram Finance, and Adani Enterprises with losses extending up to 8.42 per cent. Apollo Hospitals, HDFC Life, State Bank of India, and Tata Consultancy Services (TCS) were the only four Nifty50 constituent stocks to manage to settle in the green on Thursday.
The broader markets settled in the red, with Nifty Midcap100 and Nifty Smallcap100 falling 0.43 per cent and 0.75 per cent, respectively.
Among sectoral markets, the Nifty Metal index was the top laggard, declining 2.73 per cent. Besides, Auto, Pharma, Realty, and select Healthcare indices dropped over 1 per cent each. Meanwhile, the Nifty PSU Bank index ended flat on Thursday.
 "Stock Market Close Highlights: Sensex sheds 836pts; Nifty ends below 24,200; all sectors end in red")
