BSE 500 Index Gains 0.07% Amid Mixed Sector Performance
The BSE 500 index experienced a slight gain of 0.07%, reflecting a balanced trading day with equal numbers of advancing and declining sectors. The Metal sector emerged as a key driver, rising 2.31%, largely due to National Aluminium's 3.96% increase. The S&P BSE Commodities also saw a positive trend, up 1.15%, aided by KIOCL's 20% surge. In contrast, the Nifty Media and Auto sectors faced declines, with notable losses from Sun TV Network and Ashok Leyland. Overall, the market's mixed performance underscored varying sector dynamics, particularly the strength in metals versus weaknesses in media and auto.
In a balanced trading session, the BSE 500 index recorded a modest one-day return of 0.07%, reflecting an equal split between advancing and declining sectors, with both tallying 19. The standout performer was the Metal sector, which surged by 2.31%, driven primarily by National Aluminium, which saw a notable increase of 3.96%. The Nifty Metal index also performed well, gaining 2.08%.Other sectors that contributed positively included the S&P BSE Commodities, which rose by 1.15%, bolstered by KIOCL's impressive 20% jump. Conversely, the Nifty Media sector faced challenges, declining by 1.09%, with Sun TV Network leading the downturn at -6.05%. The Auto sector also struggled, down 0.41%, with Ashok Leyland falling by 1.56%. The Realty sector experienced a slight dip of 0.38%, with Lodha Developers dragging down performance at -2.19%.
Notably, the Nifty Metal sector exhibited the best advanced-decline ratio of 14.0, indicating strong breadth in that area, while the Oil and Gas sector lagged with a ratio of 0.25. Overall, the market displayed a mixed performance, highlighting sector-specific dynamics.
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
