Share Market Highlights: Sensex, Nifty rise amid buying in blue-chip stocks
Sensex, Nifty updates on 2 December 2024: On Monday, benchmark indices Sensex and Nifty closed higher due to strong buying in blue-chip stocks like Reliance Industries, Infosys, and HDFC Bank, alongside a positive trend in US markets. The BSE Sensex gained 445.29 points (0.56%) to end at 80,248.08, reaching a high of 80,337.82. The NSE Nifty rose by 144.95 points (0.60%) to settle at 24,276.05. Key gainers included UltraTech Cement and Tata Steel, while NTPC and Hindustan Unilever lagged. Despite these gains, India’s economic growth slowed to 5.4% for the July-September quarter, driven by weak manufacturing and consumption. Additionally, the manufacturing sector marked an 11-month low growth of 56.5 in November. Meanwhile, Brent crude oil prices rose 0.85% to USD 72.45 per barrel.