Share Market News: On August 28, 2024, Nifty and Sensex saw a rise in the stock market. Nifty touched its highest level, setting a new record, while the Sensex also registered a marginal increase. However, due to weakness in the broader market, investors suffered a loss of ₹ 25,000 crore.
Today’s situation
Stock Market Today: Today, the Nifty touched a new record level of 25,129.60 during trading, while the Sensex closed at 81,785.56 with a gain of 73.80 points or 0.09%. The BSE midcap index remained stable, while the smallcap index fell by 0.12%. In the sectoral indices, shares of IT, pharma and telecom companies saw a rise, but there was profit-booking pressure in other sectors.
Today’s major stocks
Top gainers of Sensex
- Bharti Airtel – 2.2% gain
- IndusInd Bank – 2.17% gain
- Infosys – 1.5% gain
- Sun Pharma – 1.22% gain
- Mahindra & Mahindra (M&M) – 0.58% gain
Top losers of Sensex
- Asian Paints – 1.24% decline
- Maruti Suzuki – 1.11% decline
- Nestle India – 1.05% decline
- Axis Bank – 0.87% decline
- UltraTech Cement – 0.76% decline
Top gainers and Top Losers
A total of 4,056 stocks traded on the BSE today, of which 1,831 stocks gained while 2,133 stocks declined. 92 stocks remained flat, and 354 stocks touched 52-week highs while 17 stocks hit 52-week lows.
Sectoral Performance
The BSE midcap index remained stable, while the smallcap index declined 0.12%. Among sectoral indices, IT, pharma and telecom sectors witnessed gains, while other sectors witnessed profit booking pressure.
Global Market Conditions
Detailed information on the current global market situation is not available, but generally, global indicators, such as the state of the US and European markets, have an impact on the performance of the Indian market. Despite today’s positive market trend, investors in India suffered massive losses due to global conditions.
Disclaimer: This information is provided for informational purposes only. Always seek expert advice before investing. 1tak.com does not advise anyone to invest money because investment in the market is subject to risks.