Stock Market Today 24 Nov: Indian Stock market opened flat on Monday. The Nifty 50 index opened at 26,122.80, gaining 54.65 points or 0.21 per cent, while the BSE Sensex began the day at 85,320.04, up 88.12 points or 0.10 per cent. With the steady opening momentum, both indices moved closer to their all-time highs, Nifty’s record peak of 26,277.37 and Sensex’s high of 85,978.25, both achieved in September 2024.
In the broader market on the NSE, volatility eased, and most indices opened in the green. Nifty 100 was up by 0.10 per cent, while Nifty Smallcap and Midcap shares opened flat but remained under pressure.
Stock Market Today 24 Nov: Top Gainers and Top Losers
| Category | Companies |
|---|---|
| Top Gainers | Infosys, HCL Tech, Tech Mahindra, Maruti Suzuki, TCS, HDFC Bank |
| Top Losers | Eternal, M&M, PowerGrid, BEL, TMPV, UltraTech Cement |
Stock Market Today 24 Nov: Asian Market’s Status
| Market | Status |
|---|---|
| Bangkok | Green |
| Seoul | Green |
| Jakarta | Green |
| Hong Kong | Green |
| Japan | Red |
| China | Red |
Stock Market Today 24 Nov: What did experts say?
Ajay Bagga, Banking and Market Expert, told ANI, “Indian markets will watch the Rupee closely. Friday’s market fall coincided with the Indian Rupee breaking through stops at Rs 88.8 per US dollar and then breaking the sentimental level of Rs 89 per US dollar. Trade and portfolio flows weakness and the lack of apparent/visible RBI intervention impacted Rupee sentiment.”
Ponmudi R, CEO of Enrich Money, said, “India stands out, with domestic resilience once again cushioning the impact of external volatility and keeping investor sentiment relatively stable. Market participants will be watching closely for any signs of moderation in the labour market or broader economic activity, as softer readings could strengthen expectations of further policy easing by the Federal Reserve. Global sentiment remains mixed, while there are no fresh negative triggers, risk-on appetite continues to be measured.”
Stock Market Today 24 Nov: Global Market Updates
Across Asia, major markets traded in the green at the time of reporting. Hong Kong’s Hang Seng index surged 1.4 per cent, South Korea’s KOSPI was up more than 1 per cent, and Taiwan’s weighted index gained 0.9 per cent, while Japan’s Nikkei 225 remained shut for a holiday.
Meanwhile, U.S. futures were trading higher as investors awaited key economic data releases. Producer inflation, retail sales and industrial production numbers for September will be released on Tuesday, followed by the third-quarter GDP data on Wednesday.
Also Read:Gold Rate Today 24 Nov: Know today’s gold and silver prices here
