Stock Market Fluctuates: NIFTYMEDIA and NIFTYMETAL Lead Gains, OILGAS and S&P BSE Energy Decline

Mar 08 2024 11:00 AM IST
share
Share Via
Today's stock market is showing a ratio of 2.33 with 28 advancing sectors and 12 declining sectors. The BSE 500 index has seen a one day return of 0.28%, indicating a relatively stable market. Top gaining sectors include NIFTYMEDIA, NIFTYMETAL, and METAL, driven by strong performances from companies like D B Corp and Tata Steel. On the other hand, OILGAS, S&P BSE Energy, and NIFTYENERGY are the top losing sectors, with declines of -1.24%, -1.14%, and -0.37% respectively. NIFTYMEDIA has the best advanced decline ratio of 9.0, while OILGAS has the worst with 0.25. Investors should closely monitor these trends for informed decision making.

The stock market is constantly fluctuating, and today is no exception. With 28 advancing sectors and 12 declining sectors, the market is showing a ratio of 2.33. The BSE 500 index has seen a one day return of 0.28%, indicating a relatively stable market.

The top gaining sectors today are NIFTYMEDIA, NIFTYMETAL, and METAL, with increases of 2.54%, 1.38%, and 1.36% respectively. These sectors are being driven by strong performances from companies like D B Corp and Tata Steel, which have seen gains of 4.98% and 3.90% respectively.

On the other hand, the top losing sectors today are OILGAS, S&P BSE Energy, and NIFTYENERGY, with decreases of -1.24%, -1.14%, and -0.37% respectively. These sectors are being dragged down by companies like B P C L and Sanmit Infra, which have seen declines of -2.15% and -3.87% respectively.

Interestingly, NIFTYMEDIA has the best advanced decline ratio today with a ratio of 9.0, indicating a strong performance from this sector. On the other hand, OILGAS has the worst advanced decline ratio with a ratio of 0.25, showing a weaker performance compared to other sectors.

Overall, the market is being driven by a mix of positive and negative factors, with some sectors seeing strong gains while others are facing declines. Investors should keep a close eye on these trends and make informed decisions when it comes to their investments.

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
Most Read
Why is Vishal Mega Mart falling/rising?
3 hours ago
share
Share Via
Why is Purple United falling/rising?
3 hours ago
share
Share Via
Why is Waaree Energies falling/rising?
3 hours ago
share
Share Via
Why is Gala Precis. Eng falling/rising?
3 hours ago
share
Share Via
Why is Motherson Wiring falling/rising?
3 hours ago
share
Share Via
Why is DCX Systems falling/rising?
3 hours ago
share
Share Via
Why is Jana Small Finan falling/rising?
3 hours ago
share
Share Via