Market Analysis: Top Companies in Large Cap Segment Show Mixed Trends

Jul 09 2024 04:00 PM IST
share
Share Via
The stock market is influenced by various factors, both internal and external. Currently, Zomato Ltd is experiencing a neutral to mildly bullish trend, while IRCTC is seeing a mildly bullish to bullish trend. Maruti Suzuki has been the best performer in the large cap segment, while IRCTC has been the worst performer. The advance-decline ratio for large cap stocks is at 1.59x. Investors should pay attention to the upcoming results of TCS, HCL Technologies, Avenue Supermarts, HDFC Life Insurance, and HDFC AMC. Several companies have been upgraded from hold to buy, indicating positive sentiment and potential for stock price increase. The large cap segment has seen a 0.48% increase in the BSE 100 index, showing a positive trend in the market.

The stock market is constantly driven by various factors, both internal and external. Today, we take a look at what's driving the market and how it is affecting some of the top companies in the large cap segment.

Zomato Ltd, a leading food delivery platform, is currently experiencing a neutral to mildly bullish trend in the market. On the other hand, Indian Railway Catering and Tourism Corporation (IRCTC) is seeing a mildly bullish to bullish trend. Mahindra & Mahindra (M&M) and Indian Hotels Co are also showing a bullish to mildly bullish trend.

In terms of performance, Maruti Suzuki has been the best performer in the large cap segment with a return of 6.38%, while IRCTC has been the worst performer with a return of -1.69%. The advance-decline ratio for large cap stocks is currently at 1.59x, with 62 stocks advancing and 39 stocks declining.

Investors should keep an eye on the upcoming results of TCS, HCL Technologies, Avenue Supermarts, HDFC Life Insurance, and HDFC AMC, which are all set to declare their results in the next few days.

In terms of stock upgrades, Cummins India, Colgate-Palmolive, ONGC, Tata Consumer, and Eicher Motors have all been upgraded from hold to buy. This shows positive sentiment towards these companies and could potentially lead to an increase in their stock prices.

Overall, the large cap segment has seen a 0.48% increase in the BSE 100 index, with a 0.86% increase in the last 5 days. This shows a positive trend in the market and investors should keep a close watch on these stocks for potential opportunities.

Mojo Stocks - The Top 1% Picks across Markets

Top 10 Large Cap Mid Cap Small Cap
{{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 : ''}}
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