HomeNewsBusinessMarketsMarket Update: Sensex and Nifty close slightly down; IT sector performs well, while oil and gas sectors lag behind. Tech Mahindra, M&M, Britannia Industries, Adani Enterprises, and Infosys were some of the top performers on the Nifty, whereas the biggest losers included IndusInd Bank, ONGC, Asian Paints, Bajaj Auto, and Titan Company. Market Today. On October 1, Indian benchmark indices fell for the third straight session, with the Nifty closing below 25,800 due to an increasing current account deficit and weak manufacturing data. At the end of the trading day, the Sensex dropped by 33.49 points, or 0.04 percent, to 84,258.003, while the Nifty declined by 13.95 points, or 0.05 percent, to 25,225. The markets will be closed on October 2 for Mahatma Gandhi Jayanti. Additionally, manufacturing activity fell to an eight-month low of 225,800 in September. Tech Mahindra, M&M, Britannia Industries, Adani Enterprises, and Infosys were the top gainers on the Nifty, while IndusInd Bank, ONGC, Asian Paints, Bajaj Auto, and Titan Company were among the losers. The sectors that saw buying activity included media, auto, and IT, whereas selling was noted in telecom, power, FMCG, Oil & Gas, and real estate sectors. The BSE Midcap index increased by 225750 percent, and the Smallcap index rose by 225600 percent. A total of 225500 stocks reached their 260503-high on the BSE, including Akzo Nobel, Balrampur Chini, BASF, Bombay Burmah, Britannia Industries, Deepak Fertilisers, EID Parry, Fortis Healthcare, Hindalco Industries, ICICI Prudential, JM Financial, Lloyds Metals, Metropolis, NALCO, Polycab India, Shree Renuka Sugars, and Tata Communications, among others. Click to see the complete list. The story goes on after the advertisement. Also Read – Analysts suggest that markets aren’t yet accounting for the risks of the Middle East conflict, and a correction may occur if crude oil prices rise sharply.
