Nifty Settles Around 23,500; Media Index Outshines Other Sectors

Indian stock markets witnessed fluctuating fortunes with key indices sliding from their early peak during trading hours. The S&P BSE Sensex, a barometer for equity performance, experienced a dip of 269.03 points, ending at 0.35% lower to settle at 77,209.90. Concurrently, the broader Nifty 50 index also saw a decline by 65.90 points, or 0.28%, to conclude the trading session at 23,501.10.

Early Session Highs and Closing Figures

The Nifty 50 index had earlier set a record in the early trade, reaching an all-time peak of 23,667.10, but it retreated from these heights as the session progressed. The market's closing figures were indicative of cautious investor sentiment, with the indices closing notably below the day's highest marks.

Media Index Demonstrates Robust Performance

In contrast to the overall market trend, the media index defied odds and showcased a remarkable performance by the close of the day. This sector outperformed others, even as the main indices concluded in negative territory.

Sensex, Nifty, StockMarket