Share Market Today: As India moves ahead of festive season, stock market closed in the green territory on Tuesday, November 5, 2024. The Sensex surged 694.39 points to close at 79,476.63 on Tuesday. Nifty50 index also jumped 217.95 points to end at 24,213.30 level.
Foreign investors withdrew a substantial Rs 94,017 crore from Indian equities in October. These investors pulled out Rs 4,344 crore from Indian share market in November.
Sensex gainers on Tuesday included JSW Steel, Tata Steel, Axis Bank, Indusind Bank, UltraTech Cement, Nestle India whereas Adani Ports, ITC, Asian Paints, Bharti Airtel, and Infosys were among the losers.
The market is currently being impacted by three major factors: rising geopolitical tensions, uncertainty around the 2024 US presidential election, and continued foreign investor sell-off, further fuelled by the crisis in the Middle East.
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Share Market Today: Stocks In Focus
Based on BSE data, here’s a snapshot of how key stocks performed in Tuesaday’s trading session.
TCS (Tata Consultancy Services) – Settle 0.29% up at Rs 3,973.85 per share.
ICICI Bank – Settle 1.53% up at Rs 1,295.90 per share.
Tata Motors – Settle 1.38% up at Rs 835.45 per share.
Reliance Industries (RIL) – Settle 0.30% up at Rs 1,305.95 per share.
JSW Steel – Settle 4.72% up at Rs 999.95 per share.
HCL Technologies – Settle 0.56% up at Rs 1,773.20 per share.
Tech Mahindra – Settle 0.27% down at Rs 1,633.90 per share.
Adani Ports – Settle 1.46% down at Rs 1,329.25 per share.
ITC – Settle 0.96% down at Rs 480.05 per share.
HDFC Bank – Settle 2.56% up at Rs 1,757.95 per share.
On Tuesday, 21 out of 30 Sensex constituents ended in the green, while 9 Sensex stocks closed in the red.
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