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Sensex declines 109 points in final session, ends 2024 with over 8% gains

Sensex declines 109 points in final session, ends 2024 with over 8% gains

Posted on December 31, 2024 By admin


A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.
| Photo Credit: REUTERS

Benchmark indices Sensex and Nifty ended lower in the final session of 2024 on Tuesday (December 31, 2024) amid persistent foreign fund outflows and weak trends in the global markets.

Falling for the second straight day, the 30-share BSE benchmark Sensex declined 109.12 points or 0.14% to settle at 78,139.01. Intra-day, it tanked 687.34 points or 0.87% to 77,560.79.

The NSE Nifty dipped marginally by 0.10 points to settle at 23,644.80.

In the entire 2024, the Sensex jumped 5,898.75 points or 8.16%, and the Nifty surged 1,913.4 points or 8.80%.

The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 this year, and the NSE Nifty also reached the lifetime high of 26,277.35 on the same day.

From the 30 blue-chip pack, Tech Mahindra, Zomato, Tata Consultancy Services, Infosys, ICICI Bank, Bajaj Finance, Hindustan Unilever and HCL Technologies were the major laggards on Tuesday.

Kotak Mahindra Bank, ITC, UltraTech Cement and Tata Motors were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,893.16 crore on Monday (December 30, 2024), according to exchange data.

In Asian markets, and Shanghai settled lower while Hong Kong ended in the positive territory. Markets were closed in Tokyo and Seoul for New Year holidays.

European markets were trading mostly higher. U.S. markets ended lower on Monday.

Global oil benchmark Brent crude climbed 0.46% to $74.34 a barrel.

The 30-share BSE benchmark tumbled 450.94 points or 0.57% to settle at 78,248.13 on Monday. The Nifty declined 168.50 points or 0.71% to 23,644.90.

Published – December 31, 2024 05:02 pm IST



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