Stocks

Stock Market Highlights for January 20: Nifty and Sensex Performance

Published January 20, 2025

On January 20, 2025, the stock market showed a positive trend with significant gains in both major indices.

Market Indices

The NSE Nifty 50 closed up by 0.61%, gaining 141.55 points to finish at 23,344.75. Similarly, the BSE Sensex recorded a 0.59% increase, climbing 454.11 points to reach 77,073.44.

Major Gainers

Among the top performers in the Nifty indices were Kotak Mahindra Bank, Wipro, Bajaj Finance, Bajaj Finserv, and NTPC, all of which saw significant gains.

Top Losers

Conversely, the stocks that experienced declines included SBI Life, Trent, Shriram Finance Ltd., HDFC Life, and Adani Ports.

Sectors Overview

In terms of sector performance, ten out of the twelve sectors on the NSE ended positively. The top gainers included the Nifty PSU Bank, Nifty Bank, and Nifty Finance sectors.

Market Breadth

The overall market breadth was in favor of buyers, with 2,504 stocks advancing, 1,560 declining, and 164 remaining unchanged on the BSE.

Broader Markets Performance

The broader markets outperformed the benchmark indices, with the BSE MidCap index rising by 0.66% and the SmallCap index gaining 0.82%.

Rupee Movement

The Indian Rupee appreciated against the US dollar, strengthening by four paise to close at 86.57. This marked an improvement from the previous close of 86.61.

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