Indian Stock Market Sees Strong Advance Decline Ratio, Large Cap Companies Lead the Way

Nov 22 2024 02:00 PM IST
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The Indian stock market is experiencing a positive trend, with the BSE500 index showing a strong advance decline ratio of 392 advances to 106 declines. The SENSEX is also on the rise, currently trading at 78,493.52 with a gain of 1337.73 points. Large cap companies are leading the market, with the Sensex gaining 1.67% today. Small cap companies are trading flat. The top gainers in the BSE500 index are Praj Industries, SPARC, and Swan Energy, while the top losers are Network18 Media, Adani Energy Solutions, and Torrent Power. Upcoming results from Afcons Infrastructure, Sagility India, and ACME Solar Holdings are expected on 23rd and 25th November 2024.


The Indian stock market is seeing a positive trend today, with the BSE500 index showing a strong advance decline ratio of 392 advances to 106 declines, which is 3.7 times higher. The BSE100, MIDCAP, and SMLCAP caps are also on the rise, with gains of 1.67%, 1.07%, and 0.76% respectively.

Praj Industries, SPARC, and Swan Energy are the top gainers in the BSE500 index, with gains of 9.84%, 8.46%, and 7.67% respectively. On the other hand, Network18 Media, Adani Energy Solutions, and Torrent Power are the top losers, with declines of 6.05%, 5.00%, and 4.48% respectively.

The SENSEX is also showing a positive trend, currently trading at 78,493.52 with a gain of 1337.73 points, which is a 1.73% increase. This is a significant jump from its opening of 193.95 points higher. However, it is still trading below its 50 Day Moving Average (DMA), which is currently above its 200DMA.

In terms of upcoming results, Afcons Infrastructure, Sagility India, and ACME Solar Holdings are expected to announce their results on 23rd and 25th November 2024.

The market is being led by large cap companies, with the Sensex gaining 1.67% today. Out of the 38 sectors, 37 are advancing while only 1 is declining. The top gaining sector is NIFTYPSUBANK with a 2.93% increase, while the top losing sector is NIFTYMEDIA with a decline of 0.18%.

Small cap companies are trading flat today, with no significant gains or losses. The top gainers in the large cap, mid cap, and small cap categories are Info Edge (India) with a gain of 6.72%, Castrol India with a gain of 6.85%, and Supriya Lifesciences with a gain of 15.58% respectively. On the other hand, Varun Beverages, Torrent Power, and Network18 Media are the top losers in their respective categories.

Overall, the market is showing a positive trend today, with large cap companies leading the way. Investors can expect to see more gains in the coming days as the market continues to recover from the recent downturn.

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