Stock Market Highlights 30 October 2024: Sensex closes 426 points lower at 79,942, Nifty declines to 24,340; sustained FII selling hits sentiment

Sensex, Nifty, Share Prices : Indian equity benchmarks retreated on Wednesday, with the Sensex falling below the psychological 80,000 mark amid persistent selling by foreign institutional investors (FIIs), though broader markets displayed strength with advances significantly outnumbering declines.

The 30-share BSE Sensex closed at 79,942.18, down 426.85 points or 0.53 per cent, while the broader NSE Nifty50 settled at 24,340.85, declining 126 points or 0.51 per cent. The market breadth remained positive with 2,892 stocks advancing compared to 1,040 declining shares at BSE.

Among sectoral indices, financial services and healthcare witnessed significant pressure, shedding over 1 per cent each. The Nifty Bank index fell 513.20 points or 0.98 per cent to close at 51,807.50, while the Nifty Financial Services index dropped 1.32 per cent to 24,037.40.

Adani Enterprises emerged as the top gainer, surging 3.74 per cent, followed by Hero MotoCorp and Tata Consumer Products, which advanced 3.18 per cent and 3.04 per cent, respectively. Britannia Industries and Maruti Suzuki also posted gains of 2.25 per cent and 1.98 per cent.

On the flip side, Cipla led the losses, declining 4.03 per cent, while Shriram Finance, HDFC Life, Trent, and Infosys fell between 2.20 per cent and 2.35 per cent.