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Market Volatility: Sensex Closes Steady, Nifty Holds 23,000 Level

pragativadinewsservice by pragativadinewsservice
February 13, 2025
in Odisha
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The Indian stock market had a volatile session on Thursday, ending flat as investors awaited the outcome of Prime Minister Narendra Modi’s meeting with US President Donald Trump, aimed at strengthening ties between the two democracies.

The Sensex closed at 76,138.97, down 32.11 points or 0.04%, while the Nifty ended at 23,031.40, falling 13.85 points or 0.06%. Both indices had started the day positively but later reversed gains due to declines in 27 Nifty stocks. Notable losers included Hero MotoCorp, Infosys, and Larsen & Toubro, which dropped up to 4.93%. In contrast, Sun Pharma, Bajaj FinServ, and Tata Steel were among the top gainers, rising by up to 3.12%.

The broader market showed mixed trends, with the Nifty Midcap 100 index gaining 0.25%, while the Nifty Smallcap 100 index fell by 0.37%. Key sectors like financial services and pharma performed well. Moving forward, the rupee’s movements will depend on dollar index trends and global sentiment.

PM Modi arrived in the US following his visit to France and was scheduled for bilateral discussions at the White House.

Tags: Market VolatilityNifty Holds 23000Sensex Closes Steady
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