Indian Stock Market Shows Modest Gains Amid Mixed Sector Performance
The BSE 500 index experienced a slight increase of 0.21%, reflecting a balanced trading atmosphere with more sectors advancing than declining. The BSE Consumer Durables sector led gains, rising 1.66%, largely due to Whirlpool India's impressive 12.32% jump. The NIFTY FMCG sector also performed well, up 1.51%, supported by Radico Khaitan. In contrast, the NIFTY Media and IT sectors struggled, declining by 1.74% and 1.63%, respectively, with significant losses from Tips Music and Magellanic Cloud. The NIFTY FMCG sector notably had the highest advancing-declining ratio, highlighting the disparity in sector performance.
In today's market performance, the BSE 500 index recorded a modest gain of 0.21%, reflecting a balanced trading environment with 20 advancing sectors compared to 18 declining ones, resulting in an advancing-declining ratio of 1.11. Among the top-performing sectors, the BSE Consumer Durables (BSE CD) led the way with a notable increase of 1.66%, driven primarily by Whirlpool India, which surged by 12.32%. The NIFTY FMCG sector also showed strength, rising by 1.51%, bolstered by Radico Khaitan's gain of 3.23%. The BSE Fast-Moving Consumer Goods (BSEFMC) sector followed closely with a 1.28% increase, thanks to Mrs Bectors, which climbed by 6.92%.
Conversely, the NIFTY Media sector faced challenges, declining by 1.74%, with Tips Music dragging down performance by 4.39%. The NIFTY IT sector also struggled, falling by 1.63%, primarily impacted by Magellanic Cloud's significant drop of 12.83% and Wipro's decline of 5.06%.
Notably, the NIFTY FMCG sector exhibited the best advancing-declining ratio at 10, while the NIFTY IT sector recorded a ratio of 0, indicating a stark contrast in sector performance today.
Mojo Stocks - The Top 1% Picks across Markets
{{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 : ''}}
![]( "Upgrade & View All Insights")
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
Most Read