Indian Stock Market Sees Mixed Trend, Large-Cap Stocks Lead with Notable Gainers and Losers

Mar 27 2024 03:00 PM IST
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The Sensex is also trading above its 50-day moving average, indicating a positive sentiment in the market.
The Indian stock market saw a mixed trend today, with mid-cap stocks trading flat. However, there were some notable gainers and losers in the large, mid, and small-cap categories. In the large-cap segment, Info Edge (India) emerged as the top gainer with a 5.35% increase in its stock price. This was followed by New India Assurance, which saw a 4.10% rise. On the other hand, Power Finance Corporation and REC Ltd were the top losers with a decline of 3.12% and 3.91%, respectively. In the mid-cap category, Nuvama Wealth was the top gainer with a significant increase of 12.04%. Meanwhile, Aster DM Healthcare saw a decline of 7.26%, making it the top loser in the small-cap segment. The Sensex, after opening 221.86 points higher, continued to climb and was trading at 73,045.53 with a gain of 353.37 points (0.79%). It is currently 1.64% away from its 52-week high of 74,245.17. The index is also trading above its 50-day moving average (DMA), with the 50 DMA trading above the 200 DMA. This indicates a positive trend in the market. Large-cap stocks were leading the market today, with the Sensex gaining 0.79%. The advance-decline ratio across BSE500 was 287 advances to 212 declines, indicating a positive sentiment in the market. In terms of sectoral performance, out of the 40 sectors, 32 were advancing while 8 were declining. The top gainer was Nifty Infra with a 1.46% increase, while the top loser was NIFTYPSUBANK with a decline of 0.60%. Some of the top gainers in the BSE500 index were IIFL Finance (9.24%), JM Financial (8.84%), and Angel One (8.79%). On the other hand, Aster DM Healthcare (-7.26%), SIS (-5.56%), and Cams Services (-3.98%) were the top losers. Overall, the market showed a positive trend today, with large-cap stocks leading the way. Investors can keep an eye on the performance of these top gainers and losers to make informed decisions.

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