Stock Market LIVE on July 5, 2024: Indian benchmark indices retreated at open on Friday, with BSE Sensex slipping 461 points at 79,587 points, while the Nifty50 index fell 0.27 per cent to 24,236. At 11:00 AM; the Sensex regained some ground but was quoting 300 points lower at 79,751 levels, with Nifty50 index down 0.23 per cent at 24,246 levels.
Similarly, TCS, Titan and Tata Steel slumped while Cipla, Hindalco, Bajaj AUto and Divis Labs advanced in early trade on the NSE.
The broader markets outperformed the benchmarks, with SmallCap index hitting its fresh high at 54,146, and MidCap index reaching new high of 47,260 points. At 11:00 AM; the SmallCap index was trading 0.72 per cent higher while the MidCap index was up by 0.32 per cent.
Sectorally, Nifty Financial Services, Nifty Private Bank and Nifty Auto traded losses whereas Nifty Healthcare, Nifty Pharma, Nifty FMCG and Nifty PSU Bank led gains.