Sensex ends lower ahead of Union Budget 2024-25

Updated: Jul 22nd, 2024

Source: IANS

Indian equity indices closed in red today following profit booking before the Union Budget 2024-25 which will be presented in the Parliament on July 23. 

At close, Sensex was down 102 points or 0.13% at 80,502, while the Nifty fell 21 points or 0.09% to 24,509.

According to the economic survey which was presented in the Parliament today, the GDP growth rate has been estimated at 6.5-7% for the current financial year.

Buying was seen in the midcap and smallcap stocks. 

The Nifty Midcap 100 index closed 716 points or 1.28% higher at 56,624 points, while the Nifty Smallcap 100 index closed 165 points or 0.90% higher at 18,563 points.

NTPC, UltraTech Cement, HDFC Bank, M&M, Tata Steel, Power Grid, Tata Motors, Sun Pharma, L&T, Maruti Suzuki, and Infosys were the top gainers in the Sensex, while Wipro, Reliance, Kotak Mahindra Bank, ITC, and SBI were the top losers

Among the sectoral indices, Auto, PSU Bank, Fin Service, Pharma, Metal, and Infra were the major laggards, while IT, FMCG, Realty, and Energy were the major gainers.

(This story was taken from a syndicated feed, and edited only for style by Gujarat Samachar Digital staff) 

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