Stock Market : Closing Bell

Daily Market Updates Closing Bell
181

Closing bell: Frontline indices closed on a negative note while Broader indices outperformed!

On Wednesday, the Frontline indices concluded the trading day on a negative note, while Broader indices outperformed, with Nifty Media surging over 2%.

Major Indices Performance:

On Wednesday, the Frontline indices concluded the trading day on a negative note, while Broader indices outperformed, with Nifty Media surging over 2%. The Sensex closed lower by 0.35% at 80,148.89 level, while the Nifty plunged by 0.27% and closed at 24,413.50 level. Furthermore Nifty Bank declined by 0.89% and closed at the 51,317 level.

On the other hand, the broader market registered substantial gains as Nifty Midcap surged by 1.04% and closed at 56,872.75 level, while Nifty Smallcap soared by 1.76% and closed at the 18,723.50 mark. Moreover, India VIX plummeted by 7.73% and was trading below the mark of 12, indicating a significant decrease in market volatility.

Sectoral Performance:

Within the sectoral landscape Nifty Media, Nifty Energy and Nifty Realty were among the top gainers while Nifty Bank, Nifty Financial Services and Nifty FMCG were among the top losers.

Top Gainers and Losers:

Among the Nifty 50, HDFC Life stood out as the leading gainer with a significant surge of over 4%, followed by BPCL, Tech Mahindra and NTPC. Conversely Bajaj Finserv, Tata Consumer Product, Britannia Industries and Axis Bank were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, IDBI Bank, BSE, Castrol India and Sonata Software registered substantial gains, standing among the top gainers. On the flip side, Bandhan Bank, Supreme Industries, Five-Star Business Finance and Angel One have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices rebounded on Wednesday after several days of decline due to falling U.S. crude inventories. However, expectations for an imminent ceasefire deal in the Middle East capped further gains.

Brent crude futures for September rose 46 cents to $81.47 a barrel, while U.S. West Texas Intermediate crude for September increased 42 cents to $77.38 per barrel.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1706 advancing stocks compared to 594 declining stocks, signalling a positive sentiment in the broader market.

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.

182

Closing bell: Sensex and Nifty End Flat Amid Expiry Day Volatility, Nifty Bank Slips 0.83%

Sensex and Nifty recover to close flat amid volatility on expiry day

Major Indices Performance:

Sensex and Nifty recovered to close flat amid volatility on expiry day. The Sensex closed lower by 0.14% and closed at 80,039.80 level, while the Nifty declined by 0.03% and closed at 24,406 level. Furthermore, Nifty Bank closed 0.83% lower at 50,888.75 levels

Additionally, the broader market showed underperformance as Nifty Midcap significantly declined by 0.23% and closed at the 56,741 level, while the Nifty Smallcap also plunged by 0.27% closed at the 18,673.05 level. Moreover, India VIX surged by 7.31% and was trading near the mark of 12.62.

Sectoral Performance:

Within the sectoral landscape Nifty Energy, Nifty Auto, Nifty Pharma and Nifty Media were among the top gainers, while Nifty Metal, Nifty Bank, Nifty Realty and Nifty PSU Bank were among the top losers.

Top Gainers and Losers:

Among the Nifty 50, Tata Motors stood out as the leading gainer with a significant surge of over 6%, followed by ONGC, SBI LIFE and BPCL. Conversely, Axis Bank, Nestle India, ICICI Bank and Titan were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Hindustan Petroleum Corp, Deepak Nitrite, Syngene International and CG Power registered substantial gains, standing among the top gainers. On the flip side, KPIT Technologies, AU Small Finance Bank and Poonawala Fincorpl have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices rebounded on Wednesday due to falling U.S. crude inventories, but expectations of a Middle East ceasefire capped further gains.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1135 advancing stocks compared to 1176 declining stocks, signalling a negative sentiment in the broader market.

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.

183

Closing bell: Frontline indices climbed over 1.5% while Nifty Metal soared over 3%!

On Friday, the Frontline indices concluded the last trading day of the week on a positive note, while Broader indices also closed higher, with Nifty Metal surging over 3%.

Major Indices Performance:

On Friday, the Frontline indices concluded the last trading day of the week on a positive note, while Broader indices also closed higher, with Nifty Metal surging over 3%. The Sensex closed significantly higher by 1.62% at 81,332.72 level, while the Nifty soared by 1.76% and closed at 24,834.85 level. Furthermore Nifty Bank declined by 0.8% and closed at the 51,295.95 level.

On the other hand, the broader market also registered substantial gains as Nifty Midcap surged by 1.81% and closed at 57,768.10 level, while Nifty Smallcap surged by 0.97% and closed at the 18,854.00 mark. Moreover, India VIX declined by 2.93% and was trading around the mark of 12, indicating a decrease in market volatility.

Sectoral Performance:

Within the sectoral landscape all the major sectors traded positively with Nifty Metal, Nifty Auto, Nifty Pharma and Nifty IT among the top gainers while no major sector underperformed.

Top Gainers and Losers:

Among the Nifty 50, Shriram Finance stood out as the leading gainer with a significant surge of over 9%, followed by Divi’s Laboratories, Cipla and Bharti Airtel. Conversely ONGC, Tata Consumer Product and Nestle India were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, One 97 Communications, Mphasis, Amara Raja Energy and Mobility and Mahanagar Gas registered substantial gains, standing among the top gainers. On the flip side, Mankind Pharma, Rail Vikas Nigam, Cyient and Ramkrishna Forgings have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices edged up slightly on Friday, supported by stronger-than-expected U.S. economic data that boosted investor expectations for increased crude demand from the world’s largest energy consumer. However, concerns over weak economic conditions in China and Japan, Asia’s largest economies, limited the gains.

Brent crude futures for September had risen 7 cents to $82.44 a barrel, while U.S. West Texas Intermediate crude for September had increased 4 cents to $78.32 per barrel.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1654 advancing stocks compared to 651 declining stocks, signalling a positive sentiment in the broader market.

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.

184

Closing bell: Frontline indices climbed over 1.5% while Nifty Metal soared over 3%!

On Monday, the Frontline indices concluded the first trading day of the week on a positive note, while Broader indices also closed higher, with Nifty PSU Bank surging over 2%.

Major Indices Performance:

On Monday, the Frontline indices concluded the first trading day of the week on a positive note, making new record highs while Broader indices also closed higher, with Nifty PSU Bank surging over 2%. The Sensex closed higher by 0.03% after making a new all-time high at 81,908.43 level, while the Nifty gained by 0.01% after making a record high at 24,999.75 level. Furthermore Nifty Bank declined by 0.22% and closed at the 51,406.25 level.

On the other hand, the broader market also registered substantial gains as Nifty Midcap surged by 1.03% and reached its record high at 59,455.10 level, while Nifty Smallcap surged by 1% and closed at the 19,043.40 mark. Moreover, India VIX surged by 5.7% and was trading around the mark of 13, indicating an increase in market volatility.

Sectoral Performance:

Within the sectoral landscape Nifty PSU Bank, Nifty Media, Nifty Realty and Nifty Auto were among the top gainers while Nifty IT, Nifty FMCG and Nifty Financial Services were among the top losers.

Top Gainers and Losers:

Among the Nifty 50, Divi’s Laboratories stood out as the leading gainer with a significant surge of over 2.5%, followed by BPCL, L&T and Bajaj Finserv. Conversely Titan, Bharti Airtel and Cipla were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Bandhan Bank, Mazagon Dock Shipbuilders, Rites and Ircon International registered substantial gains, standing among the top gainers. On the flip side, Mphasis, Macrotech Developers, Equitas Small Finance Bank and Tata Teleservices (Maharashtra) have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices increased on Monday, recovering some of last week’s losses, due to concerns about a widening conflict in the Middle East following a rocket strike in the Israeli-occupied Golan Heights, which Israel and the United States attributed to the Lebanese armed group Hezbollah.

Brent crude futures rose by 20 cents, or 0.3%, to $81.33 a barrel. U.S. West Texas Intermediate (WTI) crude futures edged up by 9 cents, or 0.1%, to $77.25 a barrel.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1337 advancing stocks compared to 881 declining stocks, signalling a positive sentiment in the broader market.

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.

185

Closing bell: Frontline indices close on a positive note with Broader indices reaching new record highs!

On Tuesday, the Frontline indices concluded the trading day on a positive note, while Broader indices also closed higher and made new record highs with Nifty Energy surging over 1%.

Major Indices Performance:

On Tuesday, the Frontline indices concluded the trading day on a positive note, while Broader indices also closed higher and made new record highs with Nifty Energy surging over 1%. The Sensex closed higher by 0.12% at 81,455.40 level, while the Nifty gained by 0.09% at 24,857.30 level. Furthermore Nifty Bank surged by 0.18% and closed at the 51,499.30 level.

On the other hand, the broader market registered substantial gains as Nifty Midcap surged by 0.45% and reached its record high at 58,782.25 level, while Nifty Smallcap surged by 0.86% and made a record high at 19,251.20 mark. Moreover, India VIX slightly declined by 0.5% and was trading around the mark of 12, indicating a marginal decrease in market volatility.

Sectoral Performance:

Within the sectoral landscape Nifty Energy, Nifty Media, Nifty Auto and Nifty Realty were among the top gainers while Nifty FMCG, Nifty Pharma and Nifty IT were among the top losers.

Top Gainers and Losers:

Among the Nifty 50, Tata Motors stood out as the leading gainer with a significant surge of over 3%, followed by NTPC, BPCL and Power Grid Corporation. Conversely, LTIMindtree, Cipla, SBI Life Insurance and Grasim Industries were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, FSN E Commerce Ventures, Suzlon Energy, Computer Age Management Services and Trident registered substantial gains, standing among the top gainers. On the flip side, Poonawalla Fincorp, PB Fintech, Exide Industries and Data Patterns (India) have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices recovered some of last week’s losses due to concerns about a widening conflict in the Middle East following a rocket strike in the Israeli-occupied Golan Heights, which Israel and the United States attributed to the Lebanese armed group Hezbollah.

Brent crude futures rose by 20 cents, or 0.3%, to $81.33 a barrel. U.S. West Texas Intermediate (WTI) crude futures edged up by 9 cents, or 0.1%, to $77.25 a barrel.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1313 advancing stocks compared to 906 declining stocks, signalling a positive sentiment in the broader market.

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.

187

Closing bell: Frontline indices close on a positive note with Nifty Metal among the top gainers!

On Wednesday, the Frontline indices concluded the trading day on a positive note, while Broader indices closed on a mixed note with Nifty Metal surging over 1%.

Major Indices Performance:

On Wednesday, the Frontline indices concluded the trading day on a positive note, while Broader indices closed on a mixed note with Nifty Metal surging over 1%. The Sensex closed higher by 0.35% at 81,741.35 level, while the Nifty closed higher by 0.38% at 24,951.15 level. Furthermore Nifty Bank surged by 0.11% and closed at the 51,553.40 level.

On the other hand, the broader market registered substantial gains as Nifty Midcap surged by 0.63% and reached its record high at 59,116 level, while Nifty Smallcap declined by 0.36% and closed at 19,137.65 mark. Moreover, India VIX slightly gained by 2.87% and was trading above the mark of 13, indicating a marginal increase in market volatility.

Sectoral Performance:

Within the sectoral landscape Nifty Metal, Nifty Pharma, Nifty Media and Nifty FMCG were among the top gainers while Nifty PSU Bank and Nifty Realty were among the top losers.

Top Gainers and Losers:

Among the Nifty 50, JSW Steel stood out as the leading gainer with a significant surge of over 2.5%, followed by Asian Paints, HDFC Life and NTPC. Conversely, Britannia Industries, Dr Reddy’s Laboratories, Grasim Industries and Reliance Industries were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, torrent Power, BSE, NCC and Swan Energy registered substantial gains, standing among the top gainers. On the flip side, FSN E Commerce Ventures, Indus Towers, Indiamart Intermesh and Rites have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil futures rebounded on Wednesday, recovering from seven-week lows due to intensified geopolitical tensions following Israel’s retaliatory strike against Hezbollah. However, concerns over Chinese demand continued to exert pressure on prices.

Brent crude futures rose 39 cents, or 0.5%, to $79.02 a barrel ahead of Wednesday’s expiry, while the more active October contract climbed 47 cents to $78.54. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures increased by 52 cents, or 0.7%, to $75.25 a barrel.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1236 advancing stocks compared to 1041 declining stocks, signalling a positive sentiment in the broader market.

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.

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8 posts were merged into an existing topic: Stock Market: Closing Bell

208

Closing Bell: Nifty 50 and Sensex Closed Flat

The Indian stock market closed flat, with major indices like Nifty Media (4.10%), Nifty Financial Services (1.48%), and Nifty Pharma (0.77%) ending the session in green.

On August 27, 2024, both the benchmark indices, Nifty 50 and Sensex, were almost flat. Nifty 50 closed at 25,017.75 with a gain of 0.03%, while Sensex was 0.01% to 81,711.76. Nifty Bank was up 0.26% to 51,278.75, and Nifty 500 grew 0.18% to 23,604.85. The volatility indicator Nifty VIX slipped by 0.72% to 13.70, reflecting a decline in volatility.

Sectoral Performance

Media stocks gained momentum during the trading session. As a result, Nifty Media closed at 2,148.85 with a gain of 4.10%. Nifty Financial Services 25/50 ended in green with a gain of 1.48% to 26,297.90. Other sectoral indices that closed in the green include Nifty Pharma, Nifty Realty, Nifty Private Bank, Nifty IT, and Nifty PSU Bank.

On the other hand, Nifty FMCG slipped 1.06% to 62,981.15. Also, the metal stocks were in pressure, which resulted in a fall of 0.61% in Nifty Metal to 9,432.75.

Top Gainer and Losers

Top gainers for the day were Bajaj Finserv Limited, SBI Life, Maruti Suzuki India Limited, HDFC Life and Larsen & Toubro, while JSW Steel, Titan, Hindustan Unilever, Grasim Industries and Coal India Limited were the top losers.

Oil Prices

Oil Prices witnessed volatility during the trading session on August 27, 2024. At 4:50 PM, Brent Crude stood at 81.08, reflecting a fall of 0.43%, with an annual value of $1.5 trillion, oil and its products make up 30% of all commodity exports worldwide. The energy sector accounts for 40% of the annual value of global commodity exports ($2 trillion), which includes exports of coal, power, and natural gas. However, they are worth less than mineral exports ($1.4 trillion) and agricultural exports ($1.9 trillion).

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.