Today, the stock market is facing a downward trend as the SENSEX is trading at 78,213.93 with a loss of -461.25 points or -0.59%. The advance-decline ratio across BSE500 is at 0.13x, with 57 advances and 440 declines. The BSE100, MIDCAP, and SMLCAP caps are also falling by 0.75%, 1.68%, and 2.2% respectively.

In terms of top gainers in the BSE500, KNR Construct. is leading with a gain of 8.64%, followed by Piramal Pharma at 4.39% and Bharti Hexacom at 3.40%. On the other hand, the top losers in the BSE500 include Esab India at -7.55%, Suzlon Energy at -7.31%, and GNFC at -6.98%.

The large caps are trading flat today, with NTPC being the top gainer at 1.51%. In the mid cap category, Bharti Hexacom is leading with a gain of 3.40%, while KNR Construct. is the top gainer in the small cap category with a gain of 8.64%. On the other hand, Hindalco Inds. is the top loser in the large cap category at -3.36%, Suzlon Energy in the mid cap category at -7.31%, and Kopran in the small cap category at -15.82%.

Out of the 38 sectors, all are declining today with NIFTYREALTY being the top losing sector at -2.89%. This downward trend in the market can be attributed to the upcoming results of ITI, Muthoot Finance, and Hero MotoCorp, which are scheduled to be announced on 14th November 2024.

After opening lower by -179.65 points, the Sensex has fallen further by -296.98 points to 78,198.55 (-0.61%). It is also worth noting that the Sensex is currently trading below its 50 Day Moving Average (DMA), while the 50DMA is trading above its 200DMA. This indicates a bearish sentiment in the market and investors should be cautious while making any investment decisions.

In conclusion, the market is currently being driven by a downward trend with all sectors declining and the Sensex trading below its 50DMA. Investors should keep an eye on the upcoming results and make informed decisions while investing in the stock market.