Stock Market Fluctuates with 8 Advancing Sectors and 32 Declining Sectors

Jun 19 2024 02:00 PM IST
share
Share Via
Today, the stock market is experiencing a decline with 32 sectors showing a decrease and only 8 sectors advancing. The BSE 500 index has also seen a decrease of -0.27%. The banking sector is leading the way with top gaining sectors being BANKEX, BANKNIFTY, and NIFTYFINANCE, while the realty sector is facing a decline. HDFC Bank is driving the banking sector with a 2.81% increase. Despite the overall decline, some sectors like BANKEX are still showing a positive trend. Investors should closely monitor the market and make informed decisions based on sector performance.
14


The stock market is constantly fluctuating, and today is no exception. With 8 advancing sectors and 32 declining sectors, the market is showing a ratio of 0.25. The BSE 500 index has also seen a decrease of -0.27% in one day.

The banking sector seems to be leading the way with the top gaining sectors being BANKEX, BANKNIFTY, and NIFTYFINANCE, with increases of 1.60%, 1.46%, and 1.17% respectively. These gains can be attributed to the strong performance of HDFC Bank, which is driving all three sectors with a 2.81% increase.

On the other hand, the realty sector is facing a decline with NIFTYREALTY, REALTY, and BSE CD showing losses of -2.69%, -2.69%, and -1.92% respectively. The main stocks dragging these sectors down are Phoenix Mills with a decrease of -3.43%.

Despite the overall decline in the market, there are still some sectors that are showing a positive trend. BANKEX has the best advanced decline ratio of 4.0, while POWER has the lowest ratio of 0.14. This indicates that the banking sector is performing well compared to the power sector.

Investors should keep a close eye on the market and make informed decisions based on the performance of different sectors. With the constant changes in the stock market, it is important to stay updated and make strategic 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