Indian Stock Market Shows Positive Trend with Strong Advance-Decline Ratio.
The Indian stock market is on a positive trajectory today, with the SENSEX trading at 80,573.76 and a gain of 136.92 points (0.17%). Small caps are leading the market with a gain of 0.77%, while large caps are trading flat. Zomato Ltd and Nippon Life Ind. are the top gainers in their respective categories. On the other hand, HDFC Life Insur. and PB Fintech. are the top losers. The market is showing a positive trend with the 50-day moving average trading above the 200 DMA. Most sectors are advancing, with OILGAS being the top gainer and AUTO being the top loser. Individual stocks are also performing well, with Bombay Burmah being the top gainer and Hindustan Zinc being the top loser. Upcoming results are also being closely watched by investors. Overall, the market is showing a bullish sentiment with a strong advance-decline ratio.
The Indian stock market is showing a positive trend today, with the SENSEX trading at 80,573.76 and a gain of 136.92 points (0.17%). Large caps are trading flat, while small caps are leading the market with a gain of 0.77%. The top gainer in the large cap category is Zomato Ltd with a gain of 3.89%, while in the mid cap category, Nippon Life Ind. is the top gainer with a gain of 3.42%. In the small cap category, Salasar Techno is the top gainer with a gain of 8.21%. On the other hand, HDFC Life Insur. is the top loser in the large cap category with a loss of 1.14%, while PB Fintech. is the top loser in the mid cap category with a loss of 3.55%. In the small cap category, Prudent Corp. is the top loser with a loss of 6.50%.
The SENSEX opened at 80,680.25 with a gain of 243.41 points (0.3%) and is currently trading at 80,571.57 (0.17%). It is also 1.93% away from its 52-week high of 82,129.49. The market is showing a positive trend as the 50-day moving average (DMA) is trading above the 200 DMA. Out of the 40 sectors, 38 are advancing while only 2 are declining. The top gaining sector is OILGAS with a gain of 1.68%, while the top losing sector is AUTO with a loss of 0.16%.
In terms of individual stocks, Bombay Burmah is the top gainer in the BSE500 category with a gain of 7.71%, followed by Caplin Point Lab with a gain of 6.18% and HBL Power System with a gain of 5.47%. On the other hand, Hindustan Zinc is the top loser with a loss of 5.14%, followed by Mazagon Dock with a loss of 3.60% and PB Fintech. with a loss of 3.55%.
Investors are also keeping an eye on upcoming results, with P & G Health Ltd, P&G Hygiene, and Gillette India set to announce their results on 21st, 28th, and 29th August 2024 respectively.
Overall, the market is showing a positive trend with a strong advance-decline ratio of 4.17x and most sectors advancing. This is a good sign for investors and indicates a bullish sentiment in the market. However, it is important to keep an eye on individual stocks and upcoming results to make informed investment decisions.
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