Stock Market Update: Healthcare Sector Leads Gains, NIFTYPHARMA Shows Strong Advance-Decline Ratio.
Today, the stock market has seen a mix of gains and losses, with 6 sectors advancing and 32 declining. The healthcare sector has emerged as the top gainer, followed by NIFTYPHARMA and NIFTYMEDIA. However, NIFTYPSUBANK, NIFTYIT, and METAL have seen a decline. The top stocks driving the sectors include Morepen Labs, Granules India, and Nazara Technolo., while Coal India, Wipro, and Canara Bank have dragged the sectors down. NIFTYPHARMA has the best advanced decline ratio, while NIFTYPSUBANK has the lowest. Investors and traders should closely monitor these sectors and stocks for potential impact on the market.
06.The stock market is constantly fluctuating, and today is no different. With 6 sectors advancing and 32 declining, the ratio stands at 0.19. The BSE 500 has also seen a dip with a one day return of -0.41%.
The healthcare sector (BSE HC) has emerged as the top gainer with a 0.50% increase, closely followed by NIFTYPHARMA and NIFTYMEDIA with gains of 0.27% and 0.12% respectively. On the other hand, NIFTYPSUBANK, NIFTYIT, and METAL have seen a decline of -1.49%, -1.48%, and -1.33% respectively.
The top stocks driving the sectors are Morepen Labs. with a 12.09% increase in BSE HC, Granules India with a 2.54% increase in NIFTYPHARMA, and Nazara Technolo. with a 5.14% increase in NIFTYMEDIA. However, the top stocks dragging the sectors are Coal India with a -2.74% decrease in METAL, Wipro with a -2.73% decrease in NIFTYIT, and Canara Bank with a -2.65% decrease in NIFTYPSUBANK.
Among the sectors with the best advanced decline ratio today, NIFTYPHARMA stands out with a ratio of 8.5, indicating a significant number of advancing stocks in this sector. On the other hand, NIFTYPSUBANK has the lowest ratio of 0.06, indicating a higher number of declining stocks in this sector.
Investors and traders should keep a close eye on these sectors and stocks as they can have a significant impact on the overall market performance. With the stock market being highly volatile, it is important to stay updated with the latest trends and make informed decisions.
Mojo Stocks - The Top 1% Picks across Markets
{{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 : ''}}
![]( "Upgrade & View All Insights")
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