Stock Market Sees Mixed Trend with 31 Advancing Sectors and 9 Declining Sectors

Jul 04 2024 11:00 AM IST
share
Share Via
Today, the stock market is seeing a mix of gains and losses, with 31 sectors advancing and 9 declining. The BSE 500 index has seen a slight increase of 0.18%, with top gaining sectors being BSE IT, NIFTYIT, and TECK. On the other hand, NIFTYMEDIA, NIFTYPSUBANK, and BANKNIFTY are the top losing sectors. The sector with the best advanced decline ratio is METAL, while NIFTYPSUBANK has the lowest ratio. Investors should closely monitor these sectors and their top performing stocks for potential investment opportunities.
The stock market is constantly fluctuating, and today is no different. As of now, there are 31 advancing sectors and 9 declining sectors, with a ratio of 3.44. The BSE 500 index has seen a slight increase of 0.18% in one day. The top gaining sectors today are BSE IT, NIFTYIT, and TECK, with increases of 1.28%, 1.27%, and 1.01% respectively. These sectors are being driven by top performing stocks such as Datamatics Glob., Coforge, and HFCL. On the other hand, the top losing sectors are NIFTYMEDIA, NIFTYPSUBANK, and BANKNIFTY, with decreases of -0.49%, -0.49%, and -0.35% respectively. These sectors are being dragged down by stocks like Sun TV Network, Union Bank (I), and HDFC Bank. Interestingly, the sector with the best advanced decline ratio today is METAL, with a ratio of 4.5. This means that for every declining stock in this sector, there are 4.5 advancing stocks. On the other hand, NIFTYPSUBANK has the lowest ratio of 0.09, indicating a higher number of declining stocks in this sector. Overall, the market is showing a mixed trend today, with some sectors performing well while others are struggling. Investors should keep a close eye on these sectors and their top performing stocks to make informed decisions.

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