neutral
Sensex, Nifty End Lower After Early Gains
On October 8, both Sensex and Nifty ended lower, reversing early gains fueled by IT sector buying. Sensex fell 153 points to 81,773.66, while Nifty dropped 62 points to 25,046.15. Sectoral performance was largely negative, with profit booking observed in banking, auto, and FMCG stocks, though IT and consumer durables managed modest gains. Market participants cited selective profit-taking and cautious sentiment as key drivers, reflecting a mixed outlook amid ongoing volatility and sector-specific movements in India’s equity markets.
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neutral
Sensex, Nifty End Lower After Early Gains
On October 8, both Sensex and Nifty ended lower, reversing early gains fueled by IT sector buying. Sensex fell 153 points to 81,773.66, while Nifty dropped 62 points to 25,046.15. Sectoral performance was largely negative, with profit booking observed in banking, auto, and FMCG stocks, though IT and consumer durables managed modest gains. Market participants cited selective profit-taking and cautious sentiment as key drivers, reflecting a mixed outlook amid ongoing volatility and sector-specific movements in India’s equity markets.
Explore:Mutual Fund Categories
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Sensex and Nifty closed lower on October 8, down 153 and 62 points respectively, as profit booking hit banking, auto, and FMCG stocks despite IT gains, showing cautious market sentiment.
On October 8, both Sensex and Nifty ended lower, reversing early gains fueled by IT sector buying. Sensex fell 153 points to 81,773.66, while Nifty dropped 62 points to 25,046.15. Sectoral performance was largely negative, with profit booking observed in banking, auto, and FMCG stocks, though IT and consumer durables managed modest gains. Market participants cited selective profit-taking and cautious sentiment as key drivers, reflecting a mixed outlook amid ongoing volatility and sector-specific movements in India’s equity markets.
On October 8, both Sensex and Nifty ended lower, reversing early gains fueled by IT sector buying. Sensex fell 153 points to 81,773.66, while Nifty dropped 62 points to 25,046.15. Sectoral performance was largely negative, with profit booking observed in banking, auto, and FMCG stocks, though IT and consumer durables managed modest gains. Market participants cited selective profit-taking and cautious sentiment as key drivers, reflecting a mixed outlook amid ongoing volatility and sector-specific movements in India’s equity markets.
Companies:
Tata Consultancy Services
Infosys
Reliance Industries
+1 more
Tags:
stocks
markets
stocks
markets
equities
index
profit_booking