The Indian stock market opened on a positive note today, with Sensex gaining 214.40 points. However, it soon fell sharply by -424.85 points and is currently trading at 79,032.73 (-0.27%). Despite this, Sensex is still 0.46% away from its 52 week high of 79,396.03.

The market is being driven by small cap stocks, with BSE Small Cap gaining 0.56% today. The 50 Day Moving Average (DMA) is also trading above the 200 DMA, indicating a positive trend in the market.

In terms of advance-decline ratio, there were 278 advances and 221 declines across BSE500, with a ratio of 1.26x. SMLCAP Caps is leading the gains with a rise of 0.56%, while MIDCAP Caps is up by 0.41%. On the other hand, BSE100 Caps is falling by 0.02%.

The top gainers in the BSE500 index include Chola Financial (13.78%), CEAT (8.76%), and IIFL Finance (7.69%). On the other hand, the top losers are Samvardh. Mothe. (-4.11%), Godfrey Phillips (-3.95%), and Polycab India (-3.63%).

In terms of individual stocks, Persistent Sys (5.13%) is the top gainer in the large cap category, while Star Health Insu (5.68%) is the top gainer in the mid cap category. Chola Financial (13.78%) continues to lead the small cap category in terms of gains. On the other hand, Avenue Super. (-3.55%), Samvardh. Mothe. (-4.11%), and Neogen Chemicals (-4.79%) are the top losers in their respective categories.

Out of the 40 sectors, 25 are advancing while 15 are declining today. The top losing sector is BANKEX (-1.04%), while the top gaining sector is S&P BSE Energy (1.64%). This indicates a mixed trend in the market.

Overall, the market is showing a positive trend with small cap stocks leading the gains. However, investors should keep a close eye on the market as it continues to be volatile.