In today's market, Nifty closed at 24,595.00, reflecting a notable increase of 168.15 points, or 0.69%. The index is currently trading below its 50-Day Moving Average, which itself is positioned above the 200-Day Moving Average, indicating a mixed technical outlook. The Mid Cap segment is leading the charge, with the Nifty Midcap 100 rising by 1.68%, showcasing strong investor interest in mid-sized companies.
Among the 38 sectors analyzed, a significant majority of 35 sectors advanced, with the AUTO sector emerging as the top performer, gaining 2.68%. Conversely, the NIFTYPHARMA sector experienced a slight decline of 0.19%. The advance-decline ratio across the BSE500 was robust, with 422 stocks advancing compared to just 77 declining, highlighting a favorable market sentiment.

Ola Electric stood out as the top gainer in the BSE500, surging by 15.49%, while Zydus Wellness also performed well with a gain of 10.11%. On the other hand, Waaree Energies faced challenges, dropping by 5.93%. As the market continues to evolve, investors are keenly awaiting upcoming results, including those from JSW Cement on September 2, 2025.