Today, the Indian stock market saw a mixed trend with 20 sectors advancing and 17 sectors declining. The NIFTYMEDIA sector emerged as the top gainer with a 2.26% increase, while the NIFTYFMCG sector saw a decline of 1.53%. The Nifty closed at 23,532.70 with a slight decrease of 0.11%, trading below its 50 Day Moving Average (DMA). However, the 50DMA is still trading above its 200DMA, indicating a positive trend in the market.

In terms of market capitalization, small cap stocks were the top performers with the Nifty Small Cap 100 gaining 0.81% today. On the other hand, large cap stocks traded flat. Eicher Motors emerged as the top gainer in the large cap category with a 6.46% increase, while Suzlon Energy saw a 4.99% increase in the mid cap category. Banco Products was the top gainer in the small cap category with a 19.83% increase. P I Industries, on the other hand, saw a decline of 5.41% in both the large and mid cap categories, while Venus Pipes saw a decline of 9.19% in the small cap category.

The overall advance decline ratio across BSE500 was 277 advances to 219 declines, indicating a positive market sentiment. The SMLCAP and MIDCAP caps saw a rise of 0.83% and 0.41% respectively, while the BSE100 caps saw a marginal decline of 0.01%.

In terms of top gainers and losers in the BSE500 category, Network18 Media emerged as the top gainer with an 8.48% increase, followed by DCM Shriram with an 8.06% increase and Eicher Motors with a 6.46% increase. On the other hand, SKF India saw a decline of 7.24%, followed by Astrazeneca Pharma with a 6.21% decline and P I Industries with a 5.41% decline.

Investors are eagerly waiting for the upcoming results of Waaree Energies on 18th November 2024, which could have a significant impact on the market. With the current mixed trend, it will be interesting to see how the market performs in the coming days.