Indian Stock Market Sees Mixed Trend, Small Caps Lead with 0.95% Gain.

Apr 18 2024 11:00 AM IST
share
Share Via
The Indian stock market had a mixed trend today, with large caps trading flat. Power Grid Corporation and Torrent Power were the top gainers in their respective categories, while Nestle India and Max Healthcare saw declines. Solara Active and Sterlite Tech. were the top performers in the small cap category. The advance-decline ratio was 2.47x, with most sectors and caps showing gains. Wipro, Hindustan Zinc, and HDFC AMC are expected to announce their results on 19th April 2024. The Sensex opened with a slight gain and is currently trading just above its 50-day moving average. Investors are advised to monitor upcoming results and market trends for informed decision making.
Today, the Indian stock market saw a mixed trend with large caps trading flat. The top gainer in the large cap category was Power Grid Corporation with a gain of 3.44%, while the top loser was Nestle India with a decline of 4.24%. In the mid cap category, Torrent Power emerged as the top gainer with a rise of 4.79%, while Max Healthcare was the top loser with a decline of 3.36%. Solara Active was the top gainer in the small cap category with a significant increase of 15.30%, while Sterlite Tech. was the top loser with a decline of 6.01%. The advance-decline ratio across BSE500 was 2.47x, with 355 advances and 144 declines. The SMLCAP and MIDCAP caps were on the rise, gaining 0.97% and 0.8% respectively, while BSE100 caps saw a slight increase of 0.26%. Just Dial, Timken India, and Brigade Enterprises were the top gainers in the BSE500 index, while Sterlite Tech., SPARC, and A B B were the top losers. In terms of upcoming results, Wipro, Hindustan Zinc, and HDFC AMC are expected to announce their results on 19th April 2024. Out of the 40 sectors, 35 sectors were advancing while only 5 sectors were declining. The top gaining sector was S&P BSE Telecommunication with a rise of 1.61%, while the top losing sector was BSEFMC with a decline of 0.40%. The Sensex opened at 73,183.10 with a gain of 239.42 points (0.33%) and is currently trading at 72,971.68 (0.04%). It is 2.95% away from its 52-week high of 75,124.28. The 50-day moving average (DMA) is currently trading above its 200DMA, indicating a positive trend in the market. The small cap category is leading the market with BSE Small Cap gaining 0.95% today. In the latest update, the SENSEX is trading at 72,980.59 with a gain of 36.91 points (0.05%). Overall, the market is showing a mixed trend with some sectors and caps performing well while others are facing a decline. Investors are advised to keep a close eye on upcoming results and market trends to make informed decisions.

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