Sensex Dips 0.29% Amid Mixed Trading; Muthoot Finance Soars 9.40% as Top Gainer
The Indian stock market showed mixed results, with the Sensex trading at 84,232.33, down 0.29% but still above its 50-day and 200-day moving averages, indicating a generally positive trend. Mid-cap stocks outperformed, with the BSE Mid Cap index up 0.1%. Despite a bearish advance-decline ratio of 229 to 268, notable gainers included Muthoot Finance and Jubilant Food. Sector performance varied, with 22 of 36 sectors advancing, led by NIFTYPSUBANK, while the BSE IT sector declined by 1.26%. Overall, the market reflects cautious optimism, particularly in mid-cap stocks.
The Indian stock market experienced a mixed day of trading, with the Sensex opening at 84,060.14 and currently trading at 84,232.33, reflecting a loss of 0.29%. The index remains 1.26% shy of its 52-week high of 85,290.06. Notably, the Sensex is trading above its 50-day moving average, which is also above the 200-day moving average, indicating a generally positive trend.Mid-cap stocks led the market today, with the BSE Mid Cap index gaining 0.1%. The advance-decline ratio across the BSE500 showed 229 advances against 268 declines, highlighting a slight bearish sentiment overall. Among the top gainers in the BSE500, Muthoot Finance surged by 9.40%, followed by Jubilant Food at 8.22% and HBL Engineering at 6.60%. Conversely, Sonata Software was the biggest loser, down 4.84%, followed by Trident and Intellect Design.
In sector performance, 22 out of 36 sectors advanced, with the NIFTYPSUBANK sector leading the gains at 0.82%. The BSE IT sector, however, faced a decline of 1.26%. Overall, the market reflects a cautious optimism, particularly in mid-cap stocks, while large caps remained relatively flat.
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
Most Read
