Max Healthcare Experiences Revision in Its Stock Evaluation Amid Market Fluctuations
In today's trading session, the SENSEX fell by 293.81 points to close at 82,221.33, with only six out of 38 sectors advancing. The OILGAS sector was the biggest loser, while NIFTYPHARMA showed resilience with a 1.10% gain. Max Healthcare and Ajanta Pharma were notable gainers among large-cap and mid-cap stocks, respectively. The advance-decline ratio reflected a tough market environment, with 175 advances versus 322 declines. Despite the downturn, the SENSEX remains above its 50-day and 200-day moving averages, indicating potential for recovery as investors assess market conditions.
In today's trading session, the SENSEX experienced a decline, closing at 82,221.33, reflecting a loss of 293.81 points. The market saw a significant disparity among sectors, with only six out of 38 advancing, while the majority, 32 sectors, faced declines. The OILGAS sector emerged as the top loser, dropping by 1.13%, while NIFTYPHARMA managed to gain 1.10%, showcasing a contrasting performance in the healthcare space.Among individual stocks, Max Healthcare stood out as the top large-cap gainer, rising by 2.09%. In the mid-cap segment, Ajanta Pharma led the way with a notable increase of 3.45%. Conversely, B P C L was the top large-cap loser, experiencing a decline of 3.65%. The advance-decline ratio across the BSE500 indicated a challenging environment, with 175 advances against 322 declines.
Despite the current downturn, the SENSEX remains above its 50-day moving average, which is also positioned above the 200-day moving average, suggesting a potential for recovery. Investors are closely monitoring these trends as they navigate the market landscape.
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
