Eternal Ltd Experiences Revision in Its Stock Evaluation Amid Market Fluctuations
Market sentiment remains subdued as the BSE 500 index dipped 0.24%, with 32 sectors declining against only five advancing, resulting in a low advance-decline ratio of 0.16. Notable gains in the NIFTYCONSUMP sector, led by Eternal Ltd, contrasted with struggles in the NIFTYMEDIA sector, where Zee Entertainment faced significant losses. The NIFTYPSUBANK and NIFTYREALTY sectors also underperformed, influenced by declines in Canara Bank and Raymond. As investors adapt to these market fluctuations, stock evaluations are expected to shift in response to sector performance and sentiment.
In today's market, the overall sentiment has been subdued, with the BSE 500 index reflecting a slight decline of 0.24%. A significant number of sectors are experiencing downward pressure, with 32 sectors declining compared to just five advancing. This has resulted in a low advance-decline ratio of 0.16, indicating a challenging environment for investors.Among the sectors that managed to gain traction, the NIFTYCONSUMP sector stood out, driven by strong performance from Eternal Ltd, which saw notable gains. The NIFTYCPSE sector also showed resilience, buoyed by NLC India’s positive contributions. Meanwhile, the NIFTYSERVICE sector benefited from the same strong performance of Eternal Ltd.
On the flip side, the NIFTYMEDIA sector faced significant challenges, with Zee Entertainment leading the decline. The NIFTYPSUBANK and NIFTYREALTY sectors also struggled, with Canara Bank and Raymond dragging down their respective indices.
As market participants navigate through these fluctuations, adjustments in evaluations for various stocks, including Eternal Ltd, are likely to reflect the ongoing shifts in sector performance and investor sentiment.
Mojo Stocks - The Top 1% Picks across Markets
{{col.header}}
Latest
OPEN CALL
CLOSED CALL
{{s[col.key]}}
{{s.change_value}}
{{ s.score.value }} - {{ s.score.call_type }}
{{ s.dot_summary.score }} - {{ s.dot_summary.scoreText }}
{{s[col.key]}}
{{col.extra}}
Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
![]( "Upgrade & View All Insights")
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read