Stock Market : Closing Bell

Daily Market Updates Closing Bell
141

Major Indices Performance:

On Tuesday, the Frontline indices closed the trading day moderately lower while Broader indices also plunged, followed by Nifty Realty with a decline of over 2%. The Sensex moderately declined by 0.29% and closed at 75,170.46 level, while Nifty plunged by 0.19% and closed at 22,888.15 level. Similarly Nifty Bank also declined, registering losses of 0.28% and closed at 49,142.80 level. Furthermore, the broader market underperformed as Nifty Midcap plummeted by 0.89%, while Nifty Smallcap plunged by 0.85%.

Sectoral Performance:

Within the sectoral landscape Nifty Pharma, Nifty Media, Nifty Financial Services and Nifty FMCG were trading positively while Nifty Realty, Nifty PSU Bank, Nifty Energy and Nifty Metal were the major sectors which underperformed.

Top Gainers and Losers:

Among the Nifty 50, Divi’s Laboratories stood out as the leading gainer with a significant surge of over 3%, followed by SBI Life, HDFC Life and Grasim. Conversely, Adani Ports, Power Grid, BPCL and Coal India found themselves among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Sun TV Network, Patanjali Foods, Glenmark Pharmaceuticals and Exide Industries registered substantial gains, standing among the top gainers. On the flip side, Bharat Dynamics, IDBI Bank, Indian Overseas Bank and Affle (India) have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices remained steady in early Asian trading on Tuesday as investors awaited inflation data to gauge future U.S. monetary policy and the production decisions from the OPEC meeting on June 2.

The Brent crude July contract had dropped 3 cents to $83.07 a barrel, while the more-active August contract slipped 4 cents to $82.85. U.S. West Texas Intermediate (WTI) crude futures for July were at $78.68, up 96 cents, or 1.2%, from Friday’s close, after trading without a settlement through the U.S. Memorial Day holiday.

Oil prices rose over 1% on Monday in muted trading due to public holidays in Britain and the United States, following a downbeat week marked by concerns over U.S. interest rates amid persistent inflation.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 566 advancing stocks compared to 1544 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.

142

Closing bell: Frontline indices plummet, with Nifty Financial Services among the top losers!

On Wednesday, the Frontline indices closed the trading day significantly lower while Broader indices closed on a mixed note, followed by Nifty Financial Services with a decline of over 1.5%.

Major Indices Performance:

On Wednesday, the Frontline indices closed the trading day significantly lower while Broader indices closed on a mixed note, followed by Nifty Financial Services with a decline of over 1.5%. The Sensex substantially declined by 0.89% and closed at 74,502.90 level, while Nifty plunged by 0.8% and closed at 22,704.70 level. Similarly Nifty Bank also declined, registering losses of 1.3% and closed at 48,501.35 level. Furthermore, the broader market showed mixed performance as Nifty Midcap declined by 0.32%, while Nifty Smallcap gained by 0.06%.

Sectoral Performance:

Within the sectoral landscape Nifty Pharma, Nifty Metal and Nifty Media were trading positively while Nifty Financial Services, Nifty Bank, Nifty IT and Nifty Realty were the major sectors which underperformed.

Top Gainers and Losers:

Among the Nifty 50, Hindalco stood out as the leading gainer with a significant surge of over 3.5%, followed by Power Grid Corporation, Divi’s Laboratories and Nestle India. Conversely, HDFC Life, SBI Life, Tata Consumer Product and ICICI Bank found themselves among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Mazagon Dock Shipbuilders, Bharat Dynamics, Titagarh Rail Systems and Cochin Shipyard registered substantial gains, standing among the top gainers. On the flip side, Macrotech Developers, Delhivery, Pnb Housing Finance and Ujjivan Small Finance Bank have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices rose in Asian trade on Wednesday, continuing their recent gains due to expectations of increased demand with the start of the U.S. summer travel season. Traders also anticipated that the Organization of Petroleum Exporting Countries would maintain current production cuts during their weekend meeting.

Brent oil futures for July delivery increased by 0.3% to $84.51 a barrel, while West Texas Intermediate crude futures rose 0.5% to $80.19 a barrel.

In addition to demand optimism, renewed geopolitical unrest in the Middle East also contributed to the strength in crude prices. Israel’s intensified actions in Rafah heightened concerns over a broader conflict in the oil-rich region.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 856 advancing stocks compared to 1251 declining stocks, signalling a negative sentiment in the broader market.

Disclaimer: This post 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.

143

Closing bell: Frontline indices decline, while Nifty Smallcap plummets over 1.5%!

On Thursday, the Frontline indices closed the trading day significantly lower while Broader indices also closed substantially lower, followed by Nifty Metal with a decline of over 3%.

Major Indices Performance:

On Thursday, the Frontline indices closed the trading day significantly lower while Broader indices also closed substantially lower, followed by Nifty Metal with a decline of over 3%. The Sensex substantially declined by 0.83% and closed at 72,885.60 level, while Nifty plunged by 0.95% and closed at 22,488.65 level. Whereas Nifty Bank surged, registering gains of 0.37% and closed at 48,682.35 level. Furthermore, the broader market showed significant underperformance as Nifty Midcap declined by 1.34%, while Nifty Smallcap plummeted by 1.62%.

Sectoral Performance:

Within the sectoral landscape Nifty Media and Nifty Bank were the only major sectors which were seen trading positively while Nifty Metal, Nifty IT, Nifty Pharma and Nifty Energy were the major sectors which underperformed.

Top Gainers and Losers:

Among the Nifty 50, ICICI Bank stood out as the leading gainer with a significant surge of over 1%, followed by Axis Bank, HDFC Bank and SBI. Conversely, Tata Steel, Tech Mahindra, Power Grid Corporation and Titan found themselves among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, One 97 Communications, Page Industries, Triveni Turbine and ITI registered substantial gains, standing among the top gainers. On the flip side, GMR Airports Infrastructure, Cummins India, IRB Infrastructure Developers and Hindustan Copper have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices fell by 0.06% on Thursday as markets awaited the latest U.S. crude oil stockpile data, while resilient U.S. economic activity suggested that borrowing costs might remain higher for longer, potentially impacting demand.

Brent futures decreased by 9 cents, or 0.1%, to $83.52 a barrel, while U.S. West Texas Intermediate (WTI) crude slipped 3 cents, or 0.04%, to $79.19.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 431 advancing stocks compared to 1684 declining stocks, signalling a negative sentiment in the broader market.

Disclaimer: This post 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.

145

Closing bell: Frontline indices close in green, while Nifty Realty surges over 2%!

On Friday, the Frontline indices closed the trading day on a positive note while Broader indices also closed higher, followed by Nifty Realty with a surge of over 2%.

Major Indices Performance:

On Friday, the Frontline indices closed the trading day on a positive note while Broader indices also closed higher, followed by Nifty Realty with a surge of over 2%. The Sensex marginally gained by 0.1% and closed at 73,961.31 level, while Nifty gained by 0.19% and closed at 22,530.70 level. Similarly Nifty Bank surged, registering gains of 0.62% and closed at 48,983.95 level. Furthermore, the broader market showed gains as Nifty Midcap surged by 0.54%, while Nifty Smallcap soared by 0.5%.

Sectoral Performance:

Within the sectoral landscape Nifty Realty, Nifty Metal, Nifty PSU Bank and Nifty Energy were the major sectors which were seen trading positively while Nifty Media, Nifty IT, Nifty Pharma and Nifty FMCG were the major sectors which underperformed.

Top Gainers and Losers:

Among the Nifty 50, Adani Enterprises stood out as the leading gainer with a significant surge of over 6.5%, followed by Adani Ports, Shriram Finance and Coal India. Conversely, Divi’s Laboratories, Nestle India, TCS and Maruti found themselves among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, PB Fintech, NHPC, NLC India and Five-Star Business Finance registered substantial gains, standing among the top gainers. On the flip side, Ipca Laboratories, Page Industries, Swan Energy and Jyothy Labs have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices declined by 0.31% early on Friday as investors reacted to comments from the U.S. Federal Reserve officials indicating it was premature to consider rate cuts, alongside an unexpected increase in U.S. gasoline stocks.

Brent futures fell 12 cents, or 0.15%, to $81.74 a barrel, while U.S. West Texas Intermediate (WTI) crude dropped 17 cents, or 0.22%, to $77.74.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 962 advancing stocks compared to 1137 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.

149

Closing bell: Frontline indices surge over 3%, while Nifty PSU Bank soars over 8%!

On Monday, the Frontline indices closed the trading day significantly higher while Broader indices also closed higher, followed by Nifty PSU Bank with a surge of over 8%.

Major Indices Performance:

On Monday, the Frontline indices closed the trading day significantly higher while Broader indices also closed higher, followed by Nifty PSU Bank with a surge of over 8%. The Sensex significantly gained by 3.39% and reached its all-time high of 76,738.89 level, while Nifty also gained by 3.25% and reached its record high at 23,338.70 level. Similarly Nifty Bank substantially surged, registering gains of 4.07% and closed at 50,979.95 level. Furthermore, the broader market showed gains as Nifty Midcap surged by 3.19%, while Nifty Smallcap soared by 2.41%.

India’s GDP Surges, Market Hits Highs on Strong Data and Exit Polls:

India’s GDP grew by 7.8% in Q4FY24, driven by strong manufacturing growth, and 8.2% for the full fiscal year, exceeding expectations. Economists expect this momentum to continue. Additionally, the market was buoyed by positive exit poll results predicting a third term for Prime Minister Narendra Modi. Robust GDP data, encouraging GST numbers, and favourable exit polls are likely pushing the indices higher.

Sectoral Performance:

Within the sectoral landscape Nifty PSU Bank, Nifty Energy, Nifty Realty and Nifty Bank were the major sectors which were seen trading positively while no other major sector were seen trading in red.

Top Gainers and Losers:

Among the Nifty 50, Adani Ports stood out as the leading gainer with a significant surge of over 10%, followed by NTPC, SBI and Power Grid Corporation. Conversely, Eicher Motors, LTIMindtree, HCL Technologies and Asian Paints found themselves among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Container Corporation of India, Prestige Estates, Central Bank of India and IRB Infrastructure Developers registered substantial gains, standing among the top gainers. On the flip side, Fortis Healthcare, Ipca Laboratories, Sonata Software and Global Health have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices rose by 0.39% early on Monday, driven by OPEC’s decision to extend significant output cuts well into 2025.

Brent futures for August delivery dropped 24 cents, or 0.3%, to $80.87 a barrel. U.S. West Texas Intermediate (WTI) crude futures for July delivery decreased 19 cents, or 0.25%, to $76.80 a barrel.

The Organization of the Petroleum Exporting Countries and allies, known as OPEC, are currently reducing output by a total of 5.86 million barrels per day (bpd), representing about 5.7% of global demand.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1408 advancing stocks compared to 719 declining stocks, signaling a positive sentiment in the broader market.

Disclaimer: This post 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.

150

Closing bell: Frontline indices plummet over 5.5%, while Nifty PSU Bank plunges over 15%!

On Tuesday, the Frontline indices closed the trading day significantly lower while Broader indices also closed substantially lower erasing previous days gains, followed by Nifty PSU Bank with a decline of over 15%.

Major Indices Performance:

On Tuesday, the Frontline indices closed the trading day significantly lower while Broader indices also closed substantially lower erasing previous days gains, followed by Nifty PSU Bank with a decline of over 15%. The Sensex significantly declined by 5.74% and closed at 72,079.05 level, while Nifty also plunged by 5.93% and closed at 21,884.50 level. Similarly Nifty Bank substantially declined, registering losses of 7.95% and closed at 46,928.60 level. Furthermore, the broader market showed substantial losses as Nifty Midcap plunged by 7.88%, while Nifty Smallcap plummeted by 8.23%. Furthermore, India VIX jumped by 27.75% and traded above the 26 mark, indicating heightened market volatility amid Lok Sabha election count.

Sectoral Performance:

Within the sectoral landscape Nifty FMCG was the only major sector which closed positively, while Nifty PSU Bank, Nifty Energy, Nifty Metal and Nifty Realty were the major sectors which were seen trading negatively.

Top Gainers and Losers:

Among the Nifty 50, Hindustan Unilever stood out as the leading gainer with a significant surge of over 5.5%, followed by Nestle India, Britannia and Hero Motocorp. Conversely, Adani Ports, Adani Enterprises, ONGC and NTPC found themselves among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Sun TV Network, Max Healthcare Institute, Ipca Laboratories and Blue Star registered substantial gains, standing among the top gainers. On the flip side, Bharat Heavy Electricals, Steel Authority of India, Housing & Urban Development Corporation and Jammu and Kashmir Bank have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices declined by 0.61% in early trade on Tuesday, extending losses from the previous session when they hit a four-month low amid concerns about rising supply later in the year.

Brent crude futures dropped 20 cents, or 0.3%, to $78.16 a barrel. Brent closed below $80 for the first time since February 7, after falling more than 3% on Monday. U.S. West Texas Intermediate (WTI) crude futures fell 17 cents, or 0.2%, to $74.05, also nearing a four-month low after a 3.6% slide on Monday.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 113 advancing stocks compared to 2022 declining stocks, signalling a negative sentiment in the broader market.

Disclaimer: This post 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.

151

Closing bell: Frontline indices surge over 3%, India VIX plummets by 29%!

On Wednesday, the Frontline indices closed the trading day significantly higher while Broader indices also outperformed, followed by Nifty Metal with a surge of over 5.5%.

Major Indices Performance:

On Wednesday, the Frontline indices closed the trading day significantly higher while Broader indices also outperformed, followed by Nifty Metal with a surge of over 5.5%. The Sensex significantly gained by 3.2% and closed at 74,382.24 level, while Nifty also gained by 3.36% and closed at 22,620.35 level. Similarly Nifty Bank substantially gained, registering gains of 4.53% and closed at 49,054.60 level. Furthermore, the broader market showed substantial gains as Nifty Midcap surged by 4.3%, while Nifty Smallcap gained by 3.81%. Furthermore, India VIX plummeted over 29% and traded around the mark of 18, indicating decreased market volatility.

Sectoral Performance:

Within the sectoral landscape all the major sectors were trading positively with Nifty Metal, Nifty Auto, Nifty Bank and Nifty FMCG were among the top gainers, while no major sectors underperformed towards the end of the trading session.

Top Gainers and Losers:

Among the Nifty 50, Adani Ports stood out as the leading gainer with a significant surge of over 8%, followed by Indusind Bank, Hindalco and Hero Motocorp. Conversely no stocks underperformed within the Nifty 50.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Aditya Birla Fashion & Retail, Vodafone Idea, Jyothy Laboratories and Amara Raja Energy & Mobility registered substantial gains, standing among the top gainers. On the flip side, Bharat Dynamics, One 97 Communications, Cochin Shipyard and Titagarh Rail Systems have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices continued to decline slightly in early Asian trading on Wednesday following an industry report that revealed increases in U.S. crude and fuel stockpiles, heightening concerns about demand growth.

Brent crude futures dropped 14 cents, or 0.2%, to $77.38 a barrel, while U.S. West Texas Intermediate crude futures decreased 18 cents, or 0.3%, to $73.07 a barrel.

Both contracts fell nearly a dollar on Tuesday and around $3 a barrel on Monday, pressured by OPEC’s plans to boost supply from October despite recent signs of weakening demand growth.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1635 advancing stocks compared to 494 declining stocks, signalling a positive sentiment in the broader market.

Disclaimer: This post 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.

152

Closing bell: Frontline indices close higher while Nifty Smallcap surges over 3%!

On Thursday, the Frontline indices closed the trading day significantly higher while Broader indices outperformed, followed by Nifty Realty with a surge of over 4.5%.

Major Indices Performance:

On Thursday, the Frontline indices closed the trading day significantly higher while Broader indices outperformed, followed by Nifty Realty with a surge of over 4.5%. The Sensex significantly gained by 0.93% and closed at 75,074.51 level, while Nifty also gained by 0.89% and closed at 22,821.40 level. Similarly Nifty Bank moderately gained, registering gains of 0.48% and closed at 49,291.90 level. Furthermore, the broader market showed substantial gains as Nifty Midcap surged by 2.24%, while Nifty Smallcap gained by 3.29%. Furthermore, India VIX plummeted over 11.04% and traded around the mark of 16, indicating decreased market volatility.

Sectoral Performance:

Within the sectoral landscape Nifty Realty, Nifty Media, Nifty PSU Bank and Nifty IT were among the top gainers, while Nifty FMCG and Nifty Pharma were the major sectors that underperformed.

Top Gainers and Losers:

Among the Nifty 50, HCL Technologies stood out as the leading gainer with a significant surge of over 4%, followed by Tech Mahindra, SBI Life and Shriram Finance. Conversely Hindalco, Hero Motocorp, Hindustan Unilever and Asian Paints were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Mazagon Dock Shipbuilders, Biocon, Century Textiles and Nippon Life India Asset Management registered substantial gains, standing among the top gainers. On the flip side, Sun TV Network, Jubilant Foodworks, Honasa Consumer and Computer Age Management Services have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices increased in early Asian trading on Thursday, fuelled by rising expectations of a September interest rate cut by the Federal Reserve and a market rebound from a selloff caused by growing U.S. inventories and an OPEC plan to boost supply.

Brent crude futures climbed 27 cents, or 0.34%, to $78.68 a barrel, while U.S. West Texas Intermediate crude futures rose 36 cents, or 0.49%, to $74.43.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1837 advancing stocks compared to 283 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.

153

Closing bell: Frontline indices outperformed the Broader indices while NIfty IT surged over 3%!

On Friday, the Frontline indices closed the last trading day of the week significantly higher, outperforming Broader indices following the RBI’s decision to keep the repo rate unchanged at 6.5%.

Major Indices Performance:

On Friday, the Frontline indices closed the last trading day of the week significantly higher, outperforming Broader indices following the RBI’s decision to keep the repo rate unchanged at 6.5%. The Sensex significantly gained by 2.16% and closed at 76,693.36 level, while the Nifty also gained by 2.05% and closed at 23,290.15 level. Similarly Nifty Bank moderately gained, registering gains of 1.04% and closed at 49,803.20 level. Furthermore, the broader market also showed substantial gains as Nifty Midcap surged by 1.49%, while Nifty Smallcap gained by 2.31%. Furthermore, India VIX slightly gained by 0.49% and traded around the mark of 16, indicating slight increase in market volatility.

RBI Monetary Policy Committee (MPC) Meeting:

The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the second bi-monthly monetary policy for FY 24-25 on Friday. The RBI’s Monetary Policy Committee (MPC) decided to keep the benchmark repo rate steady at 6.5% for the eighth consecutive time. The RBI also raised its GDP growth forecast for FY25 to 7.2% from 7% and retained the inflation forecast at 4.5%.

Sectoral Performance:

Within the sectoral landscape all the major sectors were seen trading positively with Nifty IT, Nifty Auto, Nifty Energy and Nifty Metal that were among the top gainers, while no major sector was seen trading in red towards the end of the session.

Top Gainers and Losers:

Among the Nifty 50, M&M stood out as the leading gainer with a significant surge of over 5.5%, followed by Wirpro, Tech Mahindra and Infosys. Conversely SBI Life and Tata Consumer Product were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, One 97 Communications, L&T Finance, IIFL Finance and Tejas Networks registered substantial gains, standing among the top gainers. On the flip side, Indian Bank, Mankind Pharma, JBM Auto and Finolex Cables have witnessed major declines, ranking among the top losers.

Oil Prices:

Brent crude oil prices edged up by 0.06% to $79.73 on Friday, continuing their rise after OPEC members Saudi Arabia and Russia signalled a possible pause or reversal in output agreements, coupled with an interest rate cut in Europe boosting expectations for a similar move in the U.S.

Brent crude futures increased by 16 cents, or 0.2%, to $80.03 per barrel, while U.S. West Texas Intermediate crude futures also rose by 16 cents, or 0.2%, to $75.71.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1790 advancing stocks compared to 331 declining stocks, signalling a positive sentiment in the broader market.

Disclaimer: This post 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.

155

Closing bell: Frontline indices declined while Nifty Smallcap surged over 1.5%!

On Monday, the Frontline indices concluded trading day on a lower note after making new record highs in the early trade, while Broader indices outperformed with Nifty Smallcap surging over 1.5%.

Major Indices Performance:

On Monday, the Frontline indices concluded trading day on a lower note after making new record highs in the early trade, while Broader indices outperformed with Nifty Smallcap surging over 1.5%. The Sensex moderately declined by 0.27% and closed at 76,490.08 level, while the Nifty also declined by 0.13% and closed at 23,259.20 level. Similarly Nifty Bank slightly declined, registering losses of 0.04% and closed at 49,780.90 level. Furthermore, the broader market showed resilience as Nifty Midcap marginally surged by 0.04%, while Nifty Smallcap gained by 1.51%. Furthermore, India VIX slightly declined by 2.87% and traded around the mark of 16, indicating decrease in market volatility.

Sectoral Performance:

Within the sectoral landscape Nifty Media, Nifty Realty and Nifty Pharma were among the top gainers, while Nifty IT, Nifty Metal and Nifty Financial Services were among the top losers.

Top Gainers and Losers:

Among the Nifty 50, Ultratech Cement stood out as the leading gainer with a significant surge of over 3%, followed by Grasim, Hero Motocorp and Cipla. Conversely Tech Mahindra, Infosys, Wipro and M&M were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Fertilizers & Chemicals Travancore, Patanjali Foods, Titagarh Rail Systems and Happiest Minds Technologies registered substantial gains, standing among the top gainers. On the flip side, Poonawalla Fincorp, Suzlon Energy, IRB Infrastructure Developers and Cyient have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices dipped for the second consecutive session on Monday, pressured by a stronger dollar as the likelihood of near-term interest rate cuts diminished following robust U.S. job data from Friday.

Brent crude futures and U.S. West Texas Intermediate crude futures both declined by 4 cents, trading at $79.58 and $75.49 per barrel, respectively.

On Friday, data revealed that the U.S. added more jobs than anticipated last month, prompting investors to lower their expectations for imminent rate cuts and driving the dollar higher.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1455 advancing stocks compared to 697 declining stocks, signalling a positive sentiment in the broader market.

Disclaimer: This post 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.

156

Closing bell: Frontline indices close mixed while Broader indices made new highs!

On Tuesday, the Frontline indices concluded trading day on a mixed note, while Broader indices outperformed, making record highs with Nifty Realty among the top gainers.

Major Indices Performance:

On Tuesday, the Frontline indices concluded trading day on a mixed note, while Broader indices outperformed, making record highs with Nifty Realty among the top gainers. The Sensex marginally declined by 0.04% and closed at 76,456.60 level, while the Nifty slightly gained by 0.02% and closed at 23,264.85 level. Similarly Nifty Bank slightly declined, registering losses of 0.15% and closed at 49,705.60 level.

Furthermore, the broader market showed resilience as Nifty Midcap significantly surged by 0.81% and made a new all-time high of 53,880.50 level, while Nifty Smallcap gained by 0.55% and reached its record high of 17,665.55 level. Moreover, India VIX significantly declined by 9.96% and traded around the mark of 14, indicating decrease in market volatility.

Sectoral Performance:

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

Top Gainers and Losers:

Among the Nifty 50, ONGC stood out as the leading gainer with a significant surge of over 5.5%, followed by L&T, Adani Ports and Tata Motors. Conversely Kotak Bank, Divi’s Laboratories, Asian Paints and Dr Reddy’s laboratories were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Oil India, GMR Airports Infrastructure, NBCC (India) and HFCL registered substantial gains, standing among the top gainers. On the flip side, Fertilizers & Chemicals Travancore, One 97 Communications, IRB Infrastructure Developers and Honasa Consumer have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices increased on Tuesday, continuing the previous day’s rally fueled by expectations of higher seasonal fuel demand and potential U.S. crude purchases to replenish the Strategic Petroleum Reserve. However, gains were tempered by a stronger dollar.

Brent crude futures rose by 28 cents, or 0.3%, to $81.91 per barrel, while U.S. West Texas Intermediate crude futures increased by 31 cents, or 0.4%, to $78.05.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1371 advancing stocks compared to 761 declining stocks, signalling a positive sentiment in the broader market.

Disclaimer: This post 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.

157

Closing bell: Frontline indices close higher while Broader indices make record highs!

On Tuesday, the Frontline indices concluded trading day on a positive note, while Broader indices outperformed, making record highs with Nifty Media among the top gainers.

Major Indices Performance:

On Tuesday, the Frontline indices concluded trading day on a positive note, while Broader indices outperformed, making record highs with Nifty Media among the top gainers. The Sensex moderately gained by 0.2% and closed at 76,606.57 level, while the Nifty gained by 0.25% and closed at 23,441.95 level. Similarly Nifty Bank surged, registering gains of 0.38% and closed at 49,895.10 level.

Furthermore, the broader market showed resilience yet again as Nifty Midcap significantly surged by 1.04% and made a new all-time high of 54,308.80 level, while Nifty Smallcap gained by 1.23% and reached its record high of 17,809.15 level. Moreover, India VIX declined by 2.56% and traded around the mark of 14, indicating decrease in market volatility.

Sectoral Performance:

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

Top Gainers and Losers:

Among the Nifty 50, Coal India stood out as the leading gainer with a significant surge of over 2.5%, followed by Power Grid Corporation, Eicher Motors and SBI Life. Conversely M&M, Britannia, Hindustan Unilever and Tata Consumer Product were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Max Healthcare Institute, One 97 Communications, Trident and Tata Teleservices (Maharashtra) registered substantial gains, standing among the top gainers. On the flip side, APL Apollo, Dr Lal Pathlabs, Angel One and Amara Raja Energy & Mobility have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices edged up on Wednesday following optimistic global demand projections from the U.S. Energy Information Administration and OPEC.

Brent crude futures increased by 11 cents, or 0.1%, to $82.04 a barrel, while U.S. West Texas Intermediate (WTI) crude futures climbed 18 cents, or 0.2%, to $78.10.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1465 advancing stocks compared to 672 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.

158

Closing bell: Frontline indices make record highs while Nifty Realty surges over 2%!

On Thursday the Frontline indices concluded trading day on a positive note after making new record highs, similarly Broader indices outperformed, making new highs with Nifty Realty among the top gainers.

Major Indices Performance:

On Thursday the Frontline indices concluded trading day on a positive note after making new record highs, similarly Broader indices outperformed, making new highs with Nifty Realty among the top gainers. The Sensex closed moderately higher by 0.27% after making a new all-time high of 77,145.46 level, while the Nifty gained by 0.33% and made a new record high of 23,481.05 level. Similarly Nifty Bank marginally declined, registering losses of 0.1% and closed at 49,846.70 level.

Furthermore, the broader market showed resilience as Nifty Midcap significantly surged by 0.79% and made a new all-time high of 54,753.20 level, while Nifty Smallcap gained by 0.67% and reached its record high of 17,925.15 level. Moreover, India VIX declined by 6.26% and traded around the mark of 13, indicating decreased market volatility.

Sectoral Performance:

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

Top Gainers and Losers:

Among the Nifty 50, Shriram Finance stood out as the leading gainer with a significant surge of over 4.5%, followed by HDFC Life, Divi’s Laboratories and M&M. Conversely Hindustan Unilever, Axis Bank, Britannia and ICICI Bank were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Oracle Financial Services Software, One 97 Communications, Shree Renuka Sugars and Praj Industries registered substantial gains, standing among the top gainers. On the flip side, APL Apollo, SunTV Network, Aavas Financiers and Tanla Platforms have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices declined in early trading on Wednesday as investors reacted to the U.S. Federal Reserve’s decision to refrain from cutting interest rates in the near term.

Brent crude futures dropped 14 cents, or 0.17%, to $82.46 per barrel, while U.S. West Texas Intermediate (WTI) crude futures fell 16 cents, or 0.2%, to $78.34 per barrel.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1465 advancing stocks compared to 672 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.

159

Closing bell: Frontline indices close higher while Nifty Auto surges over 1%!

On Friday the Frontline indices concluded the last trading day of the week on a positive note, similarly Broader indices outperformed, making new highs with Nifty Auto among the top gainers.

Major Indices Performance:

On Friday the Frontline indices concluded the last trading day of the week on a positive note, similarly Broader indices outperformed, making new highs with Nifty Auto among the top gainers. The Sensex closed moderately higher by 0.24% closing at 76,992.78 level, while the Nifty gained by 0.29% and closed at 23,465.60 level. Similarly Nifty Bank moderately surged, registering gains of 0.31% and closed at 50,002 level.

Furthermore, the broader market showed resilience as Nifty Midcap significantly surged by 1.05% and made a new all-time high of 55,270.95 level, while Nifty Smallcap gained by 0.76% and reached its record high of 18,089.15 level. Moreover, India VIX declined by 4.93% and traded around the mark of 12, indicating decreased market volatility.

Sectoral Performance:

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

Top Gainers and Losers:

Among the Nifty 50, Eicher Motors stood out as the leading gainer with a significant surge of over 2.5%, followed by M&M, Adani Ports and Shriram Finance. Conversely Tech Mahindra, TCS, Wipro and HCL Technologies were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Mazagon Dock Shipbuilders, Bharat Dynamics, KEC International and Data Patterns (India) registered substantial gains, standing among the top gainers. On the flip side, Mphasis, Ipca Laboratories, Zensar Technologies and Redington have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices declined on Friday but remained poised for their first weekly gain in four weeks, as markets weighed the implications of sustained higher U.S. interest rates against a strong outlook for crude and fuel demand this year.

Brent crude futures fell by 72 cents, or 0.87%, to $82.04 a barrel, while U.S. West Texas Intermediate (WTI) crude futures dropped 79 cents, or 1%, to $77.84 a barrel, reversing modest gains from the previous session.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1263 advancing stocks compared to 872 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.

160

Closing bell: Frontline indices make new highs, Nifty Realty surges over 1.5 per cent!

On Tuesday the Frontline indices concluded the first trading day of the week on a positive note and made record highs, similarly Broader indices outperformed, making new highs with Nifty Realty among the top gainers.

Major Indices Performance:

On Tuesday the Frontline indices concluded the first trading day of the week on a positive note and made record highs, similarly Broader indices outperformed, making new highs with Nifty Realty among the top gainers. The Sensex closed higher by 0.4% and made a record high of 77,366.78 level, while the Nifty gained by 0.39% and reached its all-time high of 23,579.90 level. Similarly Nifty Bank surged, registering gains of 0.88% and closed at 50,440.90 level.

Furthermore, the broader market showed resilience as Nifty Midcap significantly surged by 0.48% and made a new all-time high of 55,523.20 level, while Nifty Smallcap gained by 1.08% and reached its record high of 18,263.35 level. Moreover, India VIX gained by 1.68% and traded around the mark of 13, indicating slight increase in market volatility.

Sectoral Performance:

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

Top Gainers and Losers:

Among the Nifty 50, Shriram Finance stood out as the leading gainer with a significant surge of over 3.5%, followed by Power Grid Corporation, Wipro and Titan. Conversely Maruti, Dr Reddy’s Laboratories, Tata Steel and Ultratech Cement were among the top losers.

Broader Markets:

In the broader markets, which include the Nifty Midcap and Nifty Smallcap, Fertilizers & Chemicals Travancore, Mazagon Dock Shipbuilders, Cochin Shipyard and Ramkrishna Forgings registered substantial gains, standing among the top gainers. On the flip side, Bank of India, Max Healthcare Institute, JB Chemicals and Pharmaceuticals and Shree Renuka Sugars have witnessed major declines, ranking among the top losers.

Oil Prices:

Oil prices edged higher in early trading on Tuesday, continuing their upward trend from the previous session, driven by a stronger demand outlook and investor optimism that OPEC+ might halt or reverse plans to increase supply in the fourth quarter.

Global benchmark Brent crude futures rose by 21 cents, or 0.25%, to $84.46 per barrel. Meanwhile, U.S. West Texas Intermediate crude futures increased by 16 cents, or 0.2%, to $80.49 per barrel.

NSE Advance/Decline Ratio:

The broader market sentiment presents a nuanced trend, with 1331 advancing stocks compared to 985 declining stocks, signalling a positive sentiment in the broader market.

Disclaimer: This post 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.