The Indian stock market continues to show positive momentum as Sensex opened 302.05 points higher and further climbed 341.16 points to reach 81,729.42, a 0.79% increase. This puts Sensex just 0.49% away from its 52-week high of 82,129.49. The market is also trading above its 50-day moving average (DMA), with the 50 DMA trading above the 200 DMA. This indicates a bullish trend in the market.

In the last three weeks, Sensex has gained 2.54%, with large-cap companies leading the market today with a 0.79% increase. Out of the 40 sectors, 39 are advancing while only one is declining. The top gaining sector is NIFTYIT with a 1.51% increase, while the top losing sector is NIFTYPSUBANK with a marginal decline of 0.02%.

Investors are eagerly waiting for the upcoming results of P&G Hygiene on 28th August 2024 and Gillette India on 29th August 2024. Small-cap companies are trading flat today, while the top large-cap gainer is Cholaman.Inv.&Fn with a 3.16% increase. The top mid-cap gainer is Gillette India with a 5.93% increase, and the top small-cap gainer is NIIT with a significant 20.00% increase. On the other hand, the top large-cap loser is Interglobe Aviat with a 1.47% decline, the top mid-cap loser is Ajanta Pharma with a 3.28% decline, and the top small-cap loser is Rama Steel Tubes with a significant 10.46% decline.

Sensex is currently trading at 81,750.09 with a gain of 663.88 points, a 0.82% increase. The advance-decline ratio across BSE500 is 280 advances to 213 declines, indicating a positive market sentiment with a ratio of 1.31x. The BSE100, MIDCAP, and SMLCAP caps are all rising, with increases of 0.71%, 0.44%, and 0.34%, respectively.

In the BSE500 index, the top gainers are Honasa Consumer with a significant 12.56% increase, followed by JM Financial with a 12.22% increase, and Caplin Point Lab with a 9.58% increase. On the other hand, the top losers are Zydus Lifesci. with a 5.15% decline, followed by Ajanta Pharma with a 3.28% decline, and SignatureGlobal with a 3.27% decline.

Overall, the market is showing a positive trend with large-cap companies leading the way. Investors are keeping a close eye on the upcoming results and the performance of small-cap companies. With the advance-decline ratio in favor of advances, it seems that the market will continue to show positive momentum in the coming days.