• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Indian Market Opens Flat On Diwali, L&T And Sun Pharma Top Losers

OMMCOM NEWS by OMMCOM NEWS
October 31, 2024
in Business
sensex

Mumbai: On the auspicious occasion of Diwali, the Indian stock market opened flat on Thursday as selling was seen in auto, IT, PSU bank and FMCG sectors in early trade.

The Sensex was trading at 79,800.49 after slipping 141.69 points or 0.18 per cent. At the same time, Nifty was trading at 24,311.10 after slipping 29.75 points or 0.12 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1030 stocks were trading in green, while 613 stocks were trading in red.

The Nifty Bank was at 51,844.45 after rising 36.95 points or 0.07 per cent. The Nifty Midcap 100 index was trading at 56,167.45 after slipping 171.80 points or 0.30 per cent. At the same time, the Nifty Smallcap 100 index was at 18,359.60 after slipping 31.30 points or 0.14 per cent.

L&T, Sun Pharma, Axis Bank, Hindustan Unilever, JSW Steel and Nestle India were the top gainers in the Sensex pack. At the same time, Tech Mahindra, Infosys, TCS, HCL Tech, Titan and Maruti were the top losers.

In Asian markets, except Tokyo and Seoul markets, the markets of Bangkok, Hong Kong, Shanghai, Jakarta and Seoul were trading in green.

The US stock markets closed in red on the previous trading day.

According to market experts, this Diwali it is unlikely to see fireworks in the market.

India has been underperforming in October with Nifty down 5.7 per cent when markets in the US and Japan have delivered positive returns and China and Hong Kong have hugely outperformed.

India’s underperformance is driven by relentless FII selling and concerns over slowing earnings growth. In the near term, this scenario is unlikely to change, reversing the trend decisively, even though mild pullbacks are possible, they said.

Foreign institutional investors (FIIs) sold equities worth Rs 4,613 crore on October 30, while domestic institutional investors bought equities worth Rs 4,518 crore on the same day.

(IANS)

Tags: DiwaliNational Stock Exchange (NSE)NiftySensex
ShareTweetSendSharePinShareSend
Previous Post

Industrial Output In S. Korea Fell In September Over Weak Chip Production

Next Post

Rahul, Priyanka Extend Diwali Greetings To Countrymen

Related Posts

Adani Group
Business

‘Baseless, Mischievous’: Adani Group Denies Report Of US Probe Into Alleged Iranian LPG Links

June 2, 2025
Business

India, Japan Agree On Deepening Maritime Ties

June 2, 2025
Business

India’s Coal Production Rises 3.4 Per Cent To Cross 86 Million Tonnes In May

June 2, 2025
Washington, DC : Prime Minister Narendra Modi in a bilateral meeting with Tesla CEO Elon Musk at Blair House, in Washington, DC on Thursday, February 13, 2025. (IANS)
Business

Tesla Has To Manufacture In India, PM Modi And Elon Will Work It Out Soon: Errol Musk

June 2, 2025
Business

Way To Go: Elon Musk’s Father Errol Hails India’s Electric Car Scheme

June 2, 2025
Business

India Inc Posts Stable Q4 Performance Amid Global Headwinds: Report

June 2, 2025
Next Post
DIWALI

Rahul, Priyanka Extend Diwali Greetings To Countrymen

Devotees in Puri

Devotees Gather At Puri Srimandir For 'Badabadua Daka' Ritual Amid Diwali Date Confusion

13 Nomads From Maharashtra Detained For Sundargarh Karamdihi Murders

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.