Stock Market Update: 24 Advancing Sectors, 16 Declining Sectors, BSE 500 Index Up 0.16%

Apr 05 2024 11:00 AM IST
share
Share Via
Today's stock market is experiencing a mix of gains and losses, with 24 advancing sectors and 16 declining sectors. The BSE 500 index has seen a modest return of 0.16%, indicating a relatively stable market. The top gaining sectors are NIFTYREALTY, REALTY, and NIFTYPSUBANK, while the top losing sectors are NIFTYMEDIA, NIFTYIT, and METAL. Notably, NIFTYFMCG has the best advanced decline ratio of 14.0, followed by NIFTYIT with 0.8. Investors should closely monitor these sectors and the companies driving them for informed decision-making.
8.


The stock market is constantly fluctuating, and today is no different. As of now, there are 24 advancing sectors and 16 declining sectors, with a ratio of 1.5. The BSE 500 index has seen a one-day return of 0.16%, indicating a relatively stable market.

The top gaining sectors today are NIFTYREALTY, REALTY, and NIFTYPSUBANK, with gains of 1.75%, 1.39%, and 0.67% respectively. These sectors are being driven by strong performances from companies like Mahindra Life, which has seen a 5.16% increase in its stock value.

On the other hand, the top losing sectors today are NIFTYMEDIA, NIFTYIT, and METAL, with declines of -0.47%, -0.42%, and -0.35% respectively. These sectors are being dragged down by companies like Hindalco Industries, Persistent Systems, and Dish TV India, which have seen declines of -1.20%, -1.11%, and -1.51% respectively.

Interestingly, the sector with the best advanced decline ratio today is NIFTYFMCG, with a ratio of 14.0. This means that for every one declining stock, there are 14 advancing stocks in this sector. This is followed by NIFTYIT with a ratio of 0.8.

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 the companies driving them 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