India stocks higher at close of trade; Nifty 50 up 0.40%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 29 2024
0mins
Source: Yahoo Finance
Stock Market Performance: Indian stocks closed higher with the Nifty 50 rising 0.40% and the BSE Sensex gaining 0.43%, driven by strong performances in the Oil&Gas, IT, and Auto sectors, particularly from Tata Motors and Bajaj Finserv.
Market Trends: Despite the overall gains, falling stocks outnumbered advancing ones on both the NSE and BSE, indicating a mixed market sentiment, while commodities like gold and crude oil saw slight increases.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
