Stock Market: Closing Bell

Closing Bell: Nifty Tops 25,250; Sensex Gains 194 Points as IT, FMCG, and Banks Lead

On September 2, Nifty closed above 25,250, and Sensex rose 194 points. IT, FMCG, and banks were top performers, while other sectors fell. Oil prices also dropped slightly.

On September 2, at the close, the Sensex was up by 194.07 points, or 0.24%, at 82,559.84, and the Nifty was up by 42.80 points, or 0.17%, at 25,278.70. Of the shares traded, 1,684 rose, 2,191 fell, and 133 remained unchanged.

Top Gainer and Losers

Top gainers on the Nifty included Bajaj Finserv, Bajaj Finance, HCL Technologies, Bajaj Auto, and Hero MotoCorp, while the biggest losers were Grasim Industries, Kotak Mahindra Bank, Adani Enterprises, Coal India, and Nestle India.

Sectoral Performance

Aside from banking, FMCG, and IT, all other sector indices ended lower, with capital goods, metal, healthcare, telecom, and media sectors down 0.4-1.6%. The BSE midcap index was flat, and the smallcap index fell by 0.5%.

Oil Prices

Oil Prices witnessed a fall during the September 2, 2024 trading session. At 5:10 PM, Brent Crude stood at 77.05, reflecting a rise of 0.21%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Closing Bell: Markets Flat Amid Weak Global Signals; Oil Prices Dip

Sensex and Nifty closed nearly flat as weak global cues kept investors cautious. Losses in the Media and Metal sectors offset gains in Consumer Durables.

On Tuesday, September 3, the Sensex and Nifty 50 closed almost unchanged due to a lack of new market drivers and weak global signals, which made investors cautious.

The Sensex opened at 82,652.69, slightly up from its previous close of 82,559.84, but stayed within a narrow range of about 274 points. It ended the day down 4 points at 82,555.44. Meanwhile, the Nifty 50 started at 25,313.40, compared to its previous close of 25,278.70. It reached an intraday high of 25,321.70 and a low of 25,235.80 before closing just 1 point higher at 25,279.85.

Top Gainer and Losers

In the Nifty 50 index, SBI Life, Bajaj Finserv, and ICICI Bank emerged as the top gainers, while Bajaj Finance, ONGC, and Infosys were the biggest losers. Out of the 50 stocks in the index, 29 ended the day in the red.

Sectoral Performance

The Nifty Consumer Durables and Financial Services sectors saw strong gains on the NSE. In contrast, the Nifty Media, Metal, Realty, and Oil and Gas sectors experienced significant losses. The Nifty Bank and Private Bank indices also posted gains, while the PSU Bank index declined.

Oil Prices

Oil Prices witnessed a fall during the September 3, 2024 trading session. At 4:10 PM, Brent Crude stood at 75.74, reflecting a fall of 2.30%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Closing Bell: Sensex Drops 203 Points, Nifty Ends Below 25,200; Banks and IT Weigh

Sensex fell 203 points while Nifty closed below 25,200, dragged down by losses in banking and IT stocks.

On Wednesday, September 4, the Sensex dropped sharply by 710 points, opening at 81,845.50, and stayed in the negative zone throughout the session. It hit a low of 81,833.69, falling by 722 points. Meanwhile, the Nifty 50 started at 25,089.95, down from its previous close of 25,279.85, and reached an intraday low of 25,083.80.

By the end of the day, the Sensex closed 203 points lower, or 0.25%, at 82,352.64, with 19 of its stocks in the red. The Nifty 50 also closed down by 81 points, or 0.32%, at 25,198.70, with 31 of its stocks declining.

Top Gainer and Losers

Out of the 50 stocks in the Nifty 50 index, 31 closed lower, with the top losses coming from Wipro, Coal India, ONGC, Hindalco, and LTIMindtree, which fell by up to 3.05%. On the other hand, Asian Paints, Grasim Industries, Hindustan Unilever, UltraTech Cement, and Sun Pharma were among the top gainers, with increases of up to 2.50%.

On the BSE, 19 of the 30 Sensex stocks closed lower, with Mahindra & Mahindra, ICICI Bank, State Bank of India, and Axis Bank seeing declines of up to 1.29%. Meanwhile, Asian Paints, Hindustan Unilever, and UltraTech Cement were among the 11 stocks that gained, with increases of up to 2.39%.

Sectoral Performance

Among the sector indices, IT, PSU Bank, Auto, Financial Services, and Metal were the top losers, dropping by up to 1.69%. In contrast, FMCG, Pharma, Media, Realty, and Healthcare managed to gain up to 1.09%.

Oil Prices

Oil prices rose during the trading session on September 4, 2024. At 4:13 PM, Brent Crude stood at 74.03, reflecting a rise of 0.38%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Sensex Drops 151 Pts, Nifty Below 25,150; Smallcaps Outshine Amid Global Weakness

The Sensex fell 151 points, and the Nifty50 dropped 53 points on negative global cues. Coca-Cola Reliance dragged, while Titan and LTIMindtree led with gains up to 3.11%.

On September 5, 2024, benchmark equity indices closed lower due to negative global market sentiment. The BSE Sensex fell by 151.48 points, or 0.18%, to 82,201.16, while the NSE Nifty50 dropped 53.60 points, or 0.21%, to finish at 25,145.10.

Top Gainer and Losers

The market ended in favour of the bears, with 33 of the 50 Nifty50 stocks closing in the red. Coca-Cola India, Britannia Industries, Cipla, Dr Reddy’s Labs, and Reliance Industries were among the top losers, falling by up to 1.46%. On the other hand, Titan, LTIMindtree, Wipro, BPCL, and ITC gained as much as 3.11%, leading the pack of gainers.

On the BSE, 21 out of the 30 Sensex stocks closed lower, with Reliance Industries, Tata Motors, Nestle India, and Bharti Airtel leading the declines, falling by up to 1.41%. In contrast, Titan, Infosys, ITC, and HCL Tech were among the 9 stocks that gained, rising as much as 3.11%.

Sectoral Performance

In terms of sectors, there was selling in capital goods, power, oil & gas, and real estate. Conversely, sectors like metals, IT, telecom, and media saw buying activity.

Oil Prices

Oil prices rose during the trading session on September 5, 2024. At 3:48 PM, Brent Crude stood at 73.32, reflecting a rise of 0.85%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Sensex Falls 1,017 Pts, Nifty Below 24,850; All Sectors Slip Amid Global Weakness

The Sensex plunged 1,017 points, while the Nifty dropped 293 points due to global cues. SBI and HCL Technologies dragged, while Asian Paints and Bajaj Finance gained.

Indian stock markets closed on a weaker note on September 6, with the Nifty around 24,850. The Sensex dropped by 1,017.23 points (1.24%) to 81,183.93, while the Nifty lost 292.90 points (1.17%) to end at 24,852.20.

Top Gainer and Losers

Overall, 1,359 stocks gained, while 2,422 declined, and 86 remained unchanged.

Among the top Nifty losers were SBI, HCL Technologies, NTPC, ICICI Bank, and BPCL. On the other hand, Asian Paints, JSW Steel, Bajaj Finance, LTIMindtree, and Divis Labs were the top gainers.

Sectoral Performance

All sectoral indices ended in the red, with auto, PSU banks, oil & gas, media, telecom, IT, realty, and capital goods sectors falling between 1-3%.

Oil Prices

Oil prices rose during the trading session on September 6, 2024. At 3:45 PM, Brent Crude stood at 73.09, reflecting a rise of 0.55%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Indian Markets Close Higher on September 9: Sensex and Nifty Gain

Indian markets closed in green on September 9, 2024 with Sensex up 375.61 points and Nifty up 84.25 points. Oil prices rose, and FMCG led sectoral gains while oil & gas lagged.

Indian stock markets closed on the greener side on September 9, 2024. The Sensex rose by 375.61 points (0.46%) to close at 81,559.54, while the Nifty gained 84.25 points (0.34%) to end at 24,936.40.

At 4:10 PM, India VIX dropped to 14.23, a decline of 6.5%.

Top Gainer and Losers

On Monday, overall, 1,103 stocks gained, while 1,648 declined, and 79 remained unchanged.

Among the top Nifty losers were Oil & Natural Gas Corporation (ONGC), Tech Mahindra, and Bharat Petroleum Corporation Ltd (BPCL). On the other hand, Hindustan Unilever, Shriram Finance and ICICI Bank were the top gainers.

Sectoral Performance

Among the sectoral indices, oil & gas, IT and metal ended in red, while FMCG, private bank and bank ended in green. Nifty IT dropped by 0.73% and Nifty Bank gained by 1.07%.

Oil Prices

Oil prices rose during the trading session on September 9, 2024. At 3:55 PM, Brent Crude stood at 71.69, reflecting a rise of 0.89%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Sensex and Nifty End Higher as IT Stocks Shine on September 10

On September 10, 2024, Sensex rose 361.75 points (0.44%) to 81,921.29. Nifty gained 104.70 points (0.42%) to 25,041.10, with Nifty IT up 1.73%.

Indian stock markets closed on the greener side on September 10, 2024. The Sensex rose by 361.75 points (0.44%) to close at 81,921.29, while the Nifty gained 104.70 points (0.42%)to end at 25,041.10.

At 4:10 PM, India VIX dropped to 13.36, a decline of 6.18%.

Top Gainer and Losers

On Tuesday, on the NSE, overall, 1,898 stocks gained, while 837 declined, and 81 remained unchanged.

Among the top Nifty losers were HDFC Life Insurance Company, SBI Life Insurance Company, and Shriram Finance. On the other hand, Divi’s Laboratories, LTIMindtree and NTPC were the top gainers.

Sectoral Performance

Among the sectoral indices, financial services 25/50, financial services and oil and gas ended in red, while media, IT and pharma ended in green. Nifty IT rose by 1.73% and Nifty Oil and Gas declined by 0.24%.

Oil Prices

Oil prices dropped during the trading session on September 10, 2024. At 3:51 PM, Brent Crude stood at $70.97, reflecting a decline of 1.21%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Markets End in Red: Sensex Falls 398 Points, Nifty Drops 122 Points on September 11

Indian stock markets closed lower on September 11, 2024; Sensex dropped 398 points. Nifty losers: Tata Motors, ONGC; gainers: Bajaj Auto, Asian Paints, Bajaj Finance.

Indian stock markets closed in red on September 11, 2024. The Sensex dropped by 398.13 points (-0.49%) to close at 81,523.16, while the Nifty declined by 122.65 points (-0.49%) to end at 24,918.45.

At 4:10 PM, India VIX dropped to 13.62, an increase of 1.95%.

Top Gainer and Losers

On Wednesday, on the NSE, overall, 1,019 stocks gained, while 1,728 declined, and 88 remained unchanged.

On the Nifty, the top losers were Tata Motors, Oil & Natural Gas Corporation, and Wipro. On the other hand, Bajaj Auto, Asian Paints and Bajaj Finance were the top gainers.

Sectoral Performance

Among the sectoral indices, oil and gas, PSU bank and media ended in red, while FMCG and consumer durables ended in green. Nifty FMCG rose by 0.28%, and Nifty Oil and Gas declined by 1.92%.

Oil Prices

Oil prices rose during the trading session on September 11, 2024. At 3:38 PM, Brent Crude stood at $70.85, reflecting an increase of 2.40%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Markets Surge: Sensex Rises 1,400+ Points, Nifty Gains 470 Points on September 12

Indian stock markets closed higher on September 12, 2024, with Sensex rising 1.77% and Nifty 1.89%, led by gains in metals, auto, and PSU banks sectors.

Indian stock markets closed in green on September 12, 2024. The Sensex increased by 1,439.55 points (1.77%) to close at 82,962.71, while the Nifty increased by 470.45 points (1.89%) to end at 25,388.90.

At 4:05 PM, India VIX dropped to 13.18, a drop of 3.3%.

Top Gainer and Losers

On Thursday, on the NSE, overall, 1,727 stocks gained, while 1,003 declined, and 89 remained unchanged.

On the Nifty 50, the top loser was Nestle India. On the other hand, Hindalco Industries, Bharti Airtel and NTPC were the top gainers.

Sectoral Performance

Among the sectoral indices, metal, auto, and PSU Bank ended in green. Nifty Metal rose by 2.91%, and Nifty Auto rose by 2.14%.

Oil Prices

Oil prices rose during the trading session on September 12, 2024. At 3:35 PM, Brent Crude stood at $71.91, reflecting an increase of 1.84%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Sensex Drops 71 Points, Nifty Falls; Realty Gains While FMCG Lags on September 13

On September 13, the Sensex fell 71.77 pts to 82,890.94, and the Nifty lost 32.40 pts to 25,356.50. Top gainers: Wipro, Bajaj Finserv; top losers: SBI Life, Adani Ports.

Indian stock markets closed in red on September 13, 2024. The Sensex declined by 71.77 points (-0.09%) to close at 82,890.94, while the Nifty dropped by 32.40 points (-0.13%), closing at 25,356.50.
At 4:01 PM, India VIX dropped to 12.55, a drop of 4.78%.

Top Gainer and Losers

On Friday, on the NSE, overall, 1,777 stocks gained, while 1,015 declined, and 75 remained unchanged.
On the Nifty 50, the top losers were SBI Life Insurance Company, Adani Ports and Special Economic Zone and HDFC Life Insurance Company. On the other hand, Wipro, Bajaj Finserv and Bajaj Finance were the top gainers.

Sectoral Performance

Among the sectoral indices, realty, media, and PSU Bank ended in green. On the other hand, FMCG, oil & gas, and healthcare index ended in red. Nifty Realty rose by 1.73%, and Nifty FMCG dropped by 0.69%.

Oil Prices

Oil prices rose during the trading session on September 13, 2024. At 3:23 PM, Brent Crude stood at $72.70 per barrel, reflecting an increase of 1.01%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Closing Bell: Nifty 50 and Sensex Closed Higher as Metal and Media Stocks Shine

The Indian stock market closed higher, with major indices like Nifty Media (0.99%), Nifty Metal (0.61%), and Nifty Realty (0.57%) ending the session in green.

On September 27, 2024, both the benchmark indices, Nifty 50 and Sensex, closed higher. Nifty 50 closed at 25,383.75 with a gain of 0.11%, while Sensex was up 0.12% to 82,988.78. Nifty Bank was up 0.41% to 52,153.15, and Nifty 500 grew 0.17% to 23,968.20. The volatility indicator Nifty VIX slipped by 0.71% to 12.46, reflecting a decline in volatility.

Sectoral Performance

Media stocks gained momentum during the trading session. As a result, Nifty Media closed at 2,139.50 with a gain of 0.99%. Nifty Metal ended in green with a gain of 0.61% to 9,427.70. Other sectoral indices that closed in the green include Nifty Realty, Nifty Consumer Durables, Nifty Private Bank, Nifty Bank, and Nifty Healthcare etc.

On the other hand, Nifty FMCG slipped 0.72% to 64,597.00. Financial services were under pressure, which resulted in a fall of 0.22% in Nifty Financial Services 25/50 to 26,622.05.

Top Gainer and Losers

On NSE, NTPC, JSW Steel, Hindalco, Shriram Finance and Larsen & Toubro were the top gainers for the day, while Bajaj Finance, Hindustan Unilever, Bajaj Finserv, SBI Life, and Britannia were the top losers.

Oil Prices

On September 16, 2024, at 4:04 PM, Brent Crude stood at $71.92, reflecting a gain of 0.43%. After extensive exploration, vast oil and gas deposits have apparently been found in Pakistani territorial seas. The reserves are so big that they are thought to have the potential to alter the nation’s economic course drastically.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.