MUMBAI, Dec 31: The benchmark stock indices, Sensex and Nifty, closed lower in the last trading session of 2024 on Tuesday, influenced by ongoing foreign fund outflows and unfavorable trends in global markets.
For the second consecutive day, the 30-share BSE Sensex fell by 109.12 points, or 0.14%, closing at 78,139.01. During the day, it experienced a significant drop of 687.34 points, or 0.87%, hitting a low of 77,560.79.
The NSE Nifty saw a slight decline of 0.10 points, finishing at 23,644.80.
Over the course of 2024, the Sensex rose by 5,898.75 points, equivalent to 8.16%, while the Nifty gained 1,913.4 points, or 8.80%.
The BSE Sensex achieved a record high of 85,978.25 on September 27, 2023, with the NSE Nifty also reaching an all-time high of 26,277.35 on that same day.
Among the 30 blue-chip stocks, Tech Mahindra, Zomato, Tata Consultancy Services, Infosys, ICICI Bank, Bajaj Finance, Hindustan Unilever, and HCL Technologies were the significant losers on Tuesday.
Meanwhile, Kotak Mahindra Bank, ITC, UltraTech Cement, and Tata Motors were among the gainers.
According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth ₹1,893.16 crore on Monday.
In Asian markets, Shanghai closed lower while Hong Kong ended positively. Tokyo and Seoul were closed for New Year holidays.
European markets were generally trading higher, whereas US markets finished lower on Monday.
The global oil benchmark, Brent crude, rose by 0.46% to USD 74.34 per barrel.
On Monday, the BSE index had tumbled by 450.94 points, or 0.57%, to close at 78,248.13, while the Nifty dropped 168.50 points, or 0.71%, to 23,644.90. (PTI)
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