BSE 500 Index Declines 0.40% Amid Broader Market Struggles
The BSE 500 index fell by 0.40% in a challenging trading session, with only four sectors advancing against 34 that declined. The S&P BSE Telecommunication sector gained 0.17%, driven by Bharti Hexacom's 2.25% rise, while the BANKEX sector saw a modest increase of 0.15% due to Federal Bank's performance. In contrast, the REALTY sector dropped 1.45%, heavily impacted by Oberoi Realty's decline. The NIFTYMETAL sector also faced losses, down 1.13%. Notably, the NIFTYMEDIA sector maintained stability with an even advance-decline ratio, highlighting some resilience amid broader market struggles.
In a challenging trading session, the BSE 500 index recorded a decline of 0.40%, reflecting broader market struggles as only four sectors advanced against 34 that fell. The S&P BSE Telecommunication sector emerged as a rare bright spot, gaining 0.17%, primarily driven by Bharti Hexacom, which surged by 2.25%. The BANKEX sector also showed resilience, with a modest increase of 0.15%, bolstered by Federal Bank's 2.18% rise. The BSE CD sector managed a slight gain of 0.03%, thanks to Berger Paints, which climbed 1.39%.Conversely, the REALTY sector faced significant headwinds, plummeting by 1.45%. This decline was exacerbated by Oberoi Realty, which fell by 1.96%, dragging down the NIFTYREALTY index, which also decreased by 1.29%. The NIFTYMETAL sector was not spared either, with a drop of 1.13%, largely influenced by SAIL's notable decline of 2.69%.
Despite the overall downturn, the NIFTYMEDIA sector stood out with a balanced advanced-decline ratio of 1.0, indicating a more stable performance compared to other sectors.
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
