Market at close: Sensex, Nifty end flat after touching record intraday highs

By Vivek Dubey

CNBC-TV18.com

Published July  29, 2024

Broader markets outperform with the Midcap Index closing at a record high.

Nifty touches an intraday high of 24,999.8, Sensex 81,908.4, and the Midcap Index 58,455.

Midcap outperformance keeps market breadth firmly in favour of advances.

PSU Bank gains the most among sectors, led by healthy earnings from PNB.

Volatility Index rises along with significant movements in most sectoral indices; India VIX up 7%.

Sensex rises 23 points to 81,356, and Nifty gains 1 point to 24,836.

Midcap Index climbs 594 points to 58,362, and Nifty Bank increases 110 points to 51,406.

UltraTech to acquire a 32.72% stake at ₹390 per share in India Cements; both end in the green.

ICICI and IndusInd Bank end in the green, while Power Grid and NTPC end in the red post-Q1 results.

Positive brokerage notes lead to another day of higher close for Ashok Leyland, up 4%.

L&T rises 3% and NBCC 7% after announcing order wins.

Bandhan Bank posts its biggest single-day gain in four years on improved earnings.

SBI Card and IndiGo end in the red following Q1 results.

Market cap of BSE-listed companies reaches a record high of ₹460 lakh crore ($5.49 trillion).

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