Stock Market Fluctuates: 37 Declining Sectors, 1 Advancing Sector, BSE 500 at -0.87%

Nov 13 2024 11:00 AM IST
share
Share Via
Today, the stock market is experiencing a mixed trend with 37 declining sectors and only 1 advancing sector, resulting in a ratio of 0.03. The top gaining sector is S&P BSE Utilities, driven by Adani Power, while the top losing sectors are NIFTYREALTY, REALTY, and AUTO. Interestingly, NIFTYCONSUMP and NIFTYREALTY have the best advanced decline ratios, indicating higher investor confidence. It is crucial for investors to closely monitor market movements and make informed decisions based on individual sector and stock performance.
03.
The stock market is constantly fluctuating, and today is no different. With 37 declining sectors and only 1 advancing sector, the market is showing a ratio of 0.03. This means that for every one sector that is advancing, there are 37 sectors that are declining. This is reflected in the one day return of BSE 500, which is currently at -0.87%. The top gaining sector today is S&P BSE Utilities, with a modest increase of 0.16%. This sector is being driven by Adani Power, which has seen a rise of 3.23%. On the other hand, the top losing sectors are NIFTYREALTY, REALTY, and AUTO, with declines of -2.09%, -1.85%, and -1.76% respectively. These sectors are being dragged down by Eicher Motors, Brigade Enterpr., and Brigade Enterpr., with declines of -3.48%, -3.77%, and -3.77%. Interestingly, the sectors with the best advanced decline ratio today are NIFTYCONSUMP and NIFTYREALTY, with ratios of 0.5 and 0.03 respectively. This means that these sectors have a higher number of advancing stocks compared to declining stocks. This could be due to positive news or developments in these sectors, leading to an increase in investor confidence. Overall, the market is showing a mixed trend today, with some sectors seeing gains while others are facing declines. It is important for investors to keep a close eye on market movements and make informed decisions based on the performance of individual sectors and stocks.

Mojo Stocks - The Top 1% Picks across Markets

Top 10 Large Cap Mid Cap Small Cap
{{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 : ''}}
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