On October 23, 2024, the Indian stock market experienced notable fluctuations, with the Nifty index hitting a two-month low. The Nifty Realty sector emerged as the top loser, falling over 1% and dragged down by Phoenix Mills and DLF. Meanwhile, the Nifty IT sector was the top gainer, rising approximately 3%, led by strong performances from Coforge and Persistent Systems. Coforge reported a significant Q2 profit increase to ₹212 crore, with a revenue rise of 34% and a 40% growth in its order book. Persistent Systems also saw a share price rally of 9.9% to ₹5,672 following their robust earnings report. The Nifty PSU Bank index faced a decline of 3.5%, marking its biggest single-session drop in a month, with Punjab National Bank and Punjab Sind Bank as the primary losers. Overall, the market trends indicated a mixed performance across various sectors, with some stocks experiencing substantial gains while others continued to struggle.