Max Healthcare and Rajesh Exports Lead Gains, Tata Consumer Top Loser in Mixed Market
The SENSEX is currently trading above its 50-day moving average and is 1.42% away from its 52-week high.
Today, the stock market is experiencing a mixed trend, with large caps trading flat. However, there are some notable gainers, such as Max Healthcare, Rajesh Exports, and Geojit Financial Services, while Tata Consumer, Vodafone Idea, and Huhtamaki India are the top losers. The advance-decline ratio is at 3.99x, with the SMLCAP and MIDCAP categories leading the market. The SENSEX is currently trading at 74,070.77 with a gain of 338.46 points, and 34 out of 40 sectors are advancing. The metal sector is the top gainer, while the S&P BSE Telecommunication sector is the top loser. Upcoming results from Coromandel International, ACC, and Nestle India will be closely monitored by investors. The SENSEX is currently trading above its 50-day moving average and is 1.42% away from its 52-week high.
The stock market is seeing a mixed trend today, with large caps trading flat. However, there are some notable gainers in the market, with Max Healthcare leading the large caps with a 5.67% increase. In the mid cap category, Rajesh Exports is the top gainer with a 6.91% rise, while Geojit Financial Services is the top small cap gainer with an impressive 11.65% increase.
On the other hand, Tata Consumer is the top loser in the large cap category, with a 5.00% decline. Vodafone Idea and Huhtamaki India are the top losers in the mid cap and small cap categories respectively, with declines of 6.46% and 7.62%.
The advance-decline ratio across BSE500 is at 3.99x, with 399 advances and 100 declines. The SMLCAP and MIDCAP categories are leading the market with gains of 0.93% and 0.71% respectively, while BSE100 is also seeing a rise of 0.51%.
In terms of top gainers and losers in the BSE500, Aegis Logistics, Data Pattern, and Tanla Platforms are the top gainers with increases of 10.54%, 8.72%, and 7.39% respectively. On the other hand, Vodafone Idea, Multi Comm. Exc., and SPARC are the top losers with declines of 6.46%, 5.80%, and 5.00% respectively.
The SENSEX is currently trading at 74,070.77 with a gain of 338.46 points, which is a 0.46% increase from the previous close. Out of the 40 sectors, 34 are advancing while only 6 are declining. The metal sector is the top gainer with a 1.79% increase, while the S&P BSE Telecommunication sector is the top loser with a decline of 0.78%.
After opening 219.12 points higher, the SENSEX is currently trading at 74,070.77, which is a 0.45% increase from the previous close. The SENSEX is also 1.42% away from its 52-week high of 75,124.28. It is also worth noting that the SENSEX is currently trading above its 50-day moving average, with the 50 DMA trading above the 200 DMA.
In terms of upcoming results, Coromandel International, ACC, and Nestle India are set to announce their results on 25th April 2024. Investors will be keeping a close eye on these companies to see how their performance affects the market.
Overall, the market is seeing a mixed trend today with some notable gainers and losers. The advance-decline ratio and the performance of different sectors indicate a positive sentiment in the market. Investors will be closely monitoring the upcoming results and market trends to make informed decisions.
Our weekly and monthly stock recommendations are here
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