SENSEX Rises 0.30% to 82,014; PG Electroplast Soars 5.34% Amid Bullish Sentiment
The Indian stock market showed positive momentum today, with the SENSEX rising to 82,014.99, up 241.33 points or 0.30%. The index is nearing its 52-week high, supported by a bullish trend as it trades above both the 50-day and 200-day moving averages. Mid-cap stocks outperformed, with the BSE Mid Cap index increasing by 0.46%. The advance-decline ratio favored gainers, led by PG Electroplast and Hindustan Copper. While most sectors advanced, the NIFTYMETAL sector stood out with a 2.20% gain, reflecting overall market resilience.
The Indian stock market exhibited a positive trend today, with the SENSEX trading at 82,014.99, reflecting a gain of 241.33 points or 0.30%. The index opened higher by 126.34 points and is now just 2.54% shy of its 52-week high of 84,099.53. Notably, the SENSEX is currently above its 50-day moving average, which itself is positioned above the 200-day moving average, indicating a bullish sentiment.Mid-cap stocks led the market, with the BSE Mid Cap index rising by 0.46%. The advance-decline ratio across the BSE500 showed 264 stocks advancing against 234 declining, resulting in a ratio of 1.13x. Among the top gainers in the BSE500, PG Electroplast surged by 5.34%, followed closely by Hindustan Copper at 5.10% and Aurobindo Pharma at 4.50%. Conversely, ITI was the top loser, declining by 4.21%.
In sector performance, 30 out of 38 sectors advanced, with the NIFTYMETAL sector leading the way with a gain of 2.20%. The BSE CD sector, however, faced a slight decline of 0.19%. Overall, the market displayed resilience, with mid-cap stocks particularly driving the upward momentum.
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
