BSE Midcap Index Up 0.1% as Adani Wilmar Rises 8.44%, New India Assurance Falls 5.67%

Dec 23 2024 04:00 PM IST
share
Share Via
Today's market activity in the midcap segment shows a mixed performance, with the BSE midcap index rising by 0.1%. Adani Wilmar stands out with a notable gain of 8.44%, while New India Assurance has declined by 5.67%, making it the worst performer. The advance-decline ratio reflects a challenging environment, with 60 stocks advancing and 70 declining, resulting in a ratio of 0.86x. This indicates that despite some strong performers, the overall market sentiment remains cautious, as more stocks are experiencing downward pressure.
Today’s market activity reveals a mixed performance within the midcap segment, as the BSE midcap index sees a slight uptick of 0.1%. Leading the charge is Adani Wilmar, which has delivered an impressive return of 8.44%, showcasing its strong market position. Conversely, New India Assurance has struggled, recording a decline of 5.67%, marking it as the worst performer in this segment.

The advance-decline ratio among midcap stocks indicates a challenging environment, with 60 stocks advancing against 70 declining, resulting in a ratio of 0.86x. This suggests that while some stocks are thriving, the overall sentiment remains cautious as more stocks are facing downward pressure.

Investors are closely monitoring these trends, as the performance of midcap stocks can often signal broader market movements. With a mix of strong performers and laggards, market participants are advised to stay vigilant and consider the implications of these developments on their investment strategies.

Mojo Stocks - The Top 1% Picks across Markets

Top 10 Large Cap Mid Cap Small Cap
{{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 : ''}}
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
Why is Intl. Travel Hse falling/rising?
6 seconds ago
share
Share Via
Why is Betex India falling/rising?
11 seconds ago
share
Share Via
Why is Lloyds Enterpris falling/rising?
19 seconds ago
share
Share Via
Why is Kiran Vyapar falling/rising?
25 seconds ago
share
Share Via
Why is Kridhan Infra falling/rising?
32 seconds ago
share
Share Via
Why is Danlaw Tech. falling/rising?
37 seconds ago
share
Share Via
Why is GRP falling/rising?
46 seconds ago
share
Share Via