NIFTY Declines as Only 2 Sectors Advance; Realty Sector Leads Losses
The NIFTY index is experiencing a notable decline, with only 2 of 38 sectors advancing. The NIFTYREALTY sector is down 1.48%, while NIFTYPHARMA has gained 1.76%. The advance-decline ratio in the BSE500 shows 151 advances against 348 declines. The SMLCAP and MIDCAP indices have fallen by 0.43% and 0.48%, respectively, and the BSE100 is down 1.0%. The SENSEX is trading at 79,191.69, down 990.51 points (-1.24%), remaining below its 50-day moving average.
**Market Update: NIFTY Declines Amid Mixed Sector Performance**Today’s market is witnessing a significant downturn, with only 2 out of 38 sectors advancing. The NIFTYREALTY sector leads the losses, down 1.48%, while NIFTYPHARMA stands out as the top gainer, up 1.76%. The advance-decline ratio across the BSE500 reflects a challenging environment, with 151 advances compared to 348 declines, resulting in a ratio of 0.43x.
The broader market is also feeling the pressure, with SMLCAP and MIDCAP indices falling by 0.43% and 0.48%, respectively. The BSE100 is down by 1.0%. Notable gainers in the BSE500 include Ipca Labs, which surged by 5.21%, and Dr. Reddy's Labs, up 3.83%. Conversely, LTI Mindtree is the top loser, plummeting by 5.57%.
The SENSEX is currently trading at 79,191.69, down 990.51 points (-1.24%), having opened at 79,029.03. The index remains below its 50-day moving average, indicating a bearish trend in the market. Investors are advised to stay cautious as volatility persists.
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