Markets SteadyNifty, Sensex Hold Ground

Indian stock markets opened flat on Wednesday, September 25th, 2024. Both the Sensex and Nifty 50 indices are hovering near their previous closing levels, with the Sensex down by a marginal 0.01% and the Nifty 50 down by 0.06%. Despite the lack of significant movement, certain sectors and individual stocks are witnessing some action.

Sectoral Performance:

Metal Index: The bright spot of the day is the metal index, which is up by 0.5%. This could be due to positive sentiment surrounding the commodities market.
PSU Banks, FMCG, and Realty: These sectors are currently under pressure, with each experiencing a decline of around 0.5%.

Active Stocks:

The National Stock Exchange (NSE) is seeing some action in specific stocks, with Easy Trip, Reliance Power, HDFC Bank, Power Grid Corp, and Vedanta among the most actively traded.

Top Gainers and Losers:

Top Gainer: Power Grid Corp is the current leader, witnessing a significant rise of 3.43%. This could be due to recent positive news related to the company.
Top Loser: LTIMindtree is currently the biggest loser, experiencing a decline of 2.27%. It’s important to monitor any news surrounding the company that might explain this drop.
HEG Limited shares are surging after the company announced October 18th as the record date for a stock split. This news has driven the stock price up by nearly 10%.