Stock Market Update: 5 Advancing Sectors, 33 Declining Sectors, and Top Performers Revealed

Nov 12 2024 03:00 PM IST
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Today, the stock market is experiencing a mix of gains and losses, with 5 advancing sectors and 33 declining sectors. The realty sector is leading the gains, followed by the IT sector, while the power sector is facing the biggest decline. Top-performing stocks in these sectors include Macrotech Devel., L&T Technology, GAIL (India), and Britannia Inds. Investors should closely monitor these sectors and their stocks for informed decision-making.
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The stock market is constantly fluctuating, and today is no exception. As of now, there are 5 advancing sectors and 33 declining sectors, with a ratio of 0.15. The BSE 500 index has also seen a decrease of -0.80% in one day.

The realty sector is leading the gains today, with a 0.76% increase in the REALTY index and a 0.75% increase in the NIFTYREALTY index. This is followed by the NIFTYIT index, which has seen a 0.46% increase. On the other hand, the power sector is facing the biggest decline, with a -2.17% decrease in the POWER index. This is closely followed by the NIFTYMNC index, which has seen a -1.96% decrease, and the NIFTYPSE index with a -1.89% decrease.

The top stocks driving the realty sector are Macrotech Devel., with a 4.29% increase in both the REALTY and NIFTYREALTY indices. In the NIFTYIT index, L&T Technology is leading with a 3.09% increase. On the other hand, GAIL (India) is dragging the NIFTYPSE index with a -3.87% decrease, while Britannia Inds. is dragging the NIFTYMNC index with a -7.01% decrease. In the power sector, Suzlon Energy is facing a -3.78% decrease.

The NIFTYIT sector has the best advanced decline ratio today, with a ratio of 9.0. This means that for every 9 advancing stocks, there is only 1 declining stock in this sector. On the other hand, the NIFTYFINANCE sector has the lowest ratio of 0.33, indicating a higher number of declining stocks compared to advancing stocks.

Overall, the market is seeing a mix of gains and losses today, with the realty and IT sectors leading the gains and the power sector facing the biggest decline. Investors should keep a close eye on these sectors and their top-performing stocks to make informed decisions.

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