Mid and Small Cap Stocks Lead Market Gains, TCS and CRISIL to Announce Results
The stock market is experiencing a mixed trend today, with some notable gainers and losers in the large, mid, and small cap categories. Vedanta, Petronet LNG, and Ramco Systems are the top gainers, while Info Edg.(India), General Insuranc, and Reliance Infra. are the top losers. The market is being led by mid cap stocks, with BSE Mid Cap gaining 0.73%. The Sensex is currently trading above its 50-day moving average and is just 0.32% away from its 52-week high. Out of 40 sectors, 35 are advancing and 5 are declining. Investors will be closely monitoring upcoming results and sector performance for making informed decisions.
The stock market is seeing a mixed trend today, with small caps trading flat. However, there are some notable gainers in the large, mid, and small cap categories. Vedanta is the top gainer in the large cap category with a 7.53% increase, while Petronet LNG and Ramco Systems are the top gainers in the mid and small cap categories with 6.80% and 20.00% gains respectively.
On the other hand, Info Edg.(India), General Insuranc, and Reliance Infra. are the top losers in the large, mid, and small cap categories with -2.22%, -2.12%, and -19.99% losses respectively. The advance-decline ratio across BSE500 is at 1.32x, with 285 advances and 216 declines.
The market is being led by mid cap stocks today, with BSE Mid Cap gaining 0.73%. BSE100 and SMLCAP caps are also seeing a rise of 0.33% and 0.26% respectively. The top gainers in the BSE500 index include Tanla Platforms, Vedanta, and NMDC Steel, while the top losers are SPARC, IRB Infra.Devl., and Natco Pharma.
The Sensex opened at 74,953.96 with a gain of 270.26 points (0.36%) and is currently trading at 74,882.26 (0.27%). It is also just 0.32% away from its 52-week high of 75,124.28. The Sensex is currently trading above its 50-day moving average (DMA), with the 50 DMA trading above the 200 DMA. In the last 3 weeks, the Sensex has gained 3.08%.
Out of the 40 sectors, 35 are advancing while 5 are declining. The top gaining sector is OILGAS with a 1.96% increase, while the top losing sector is S&P BSE Telecommunication with a -0.58% decrease.
In terms of individual stock news, TCS, Anand Rathi Wea., and CRISIL are set to announce their results on 12th and 16th April 2024 respectively. Overall, the market is showing a mixed trend with some notable gains in the mid and small cap categories. Investors will be keeping a close eye on upcoming results and sector performance to make informed decisions.
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
