Large-Cap Stocks Struggle as BSE 100 Index Declines 1.28% Today
Today's market update indicates a decline in large-cap stocks, with the BSE 100 index falling by 1.28% and a five-day decrease of 1.19%. The advance-decline ratio reflects this trend, with only 9 stocks advancing compared to 91 declining. United Spirits emerged as the top performer with a 2.67% return, while Shriram Finance recorded the worst performance at -5.09%. Several companies, including Cummins India and Lupin, have received upgrades from Hold to Buy ratings amid the current market conditions.
**Market Update: Large Cap Performance Driven by Mixed Signals**Today’s market activity reveals a challenging landscape for large-cap stocks, with the BSE 100 index down by 1.28%. Over the past five days, this segment has seen a decline of 1.19%. The advance-decline ratio highlights the struggle, with only 9 stocks advancing against 91 declining, resulting in a ratio of 0.1x.
Among the large-cap performers, United Spirits stands out as the best performer with a return of 2.67%. Conversely, Shriram Finance has faced significant challenges, recording a return of -5.09%, marking it as the worst performer in this segment.
In terms of stock ratings, several companies have recently received upgrades. Notable mentions include Cummins India, Lupin, Cholamandalam Investment & Finance, and Hindustan Aeronautics, all transitioning from a "Hold" to a "Buy" recommendation.
As investors navigate this volatile market, the focus remains on identifying resilient stocks amidst the prevailing downturn. Stay tuned for further updates as the market evolves.
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
