Nvidia surge lifts sentiment, but Nifty stays range-bound; HDFC Bank drags
HDFC Bank stock falls 1.13% to ₹719
Markets opened cautiously on Thursday, with the Nifty 50 edging up 0.08 percent to 24,227.20 after closing higher at 24,207.75 the previous day. The Sensex opened at 77,576.76, down 0.01 percent from 77,472.94 on the prior close. Investors were weighing Nvidia's record earnings against persistent US inflation and a weak monsoon season.
Bajaj Finance was among the top gainers, rising 1.28 percent to ₹1,098.90. Tech Mahindra, Adani Enterprises, Kotak Mahindra Bank, and ONGC also posted gains. HDFC Bank was the steepest decliner, falling 1.13 percent to ₹719.00. Shriram Finance, Hindalco, Power Grid, and IndiGo also saw declines. Foreign Institutional Investors bought net ₹502.63 crore on Wednesday, their third consecutive session of net buying.
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