Sensex and Nifty50 gains as All sectors experienced significant gains, with pharma stocks and other index heavyweights contributing to a 2% increase in the Sensex and Nifty.
Indian benchmark indices, the Nifty 50 and Sensex, ended a five-day losing streak with strong gains, reaching a new peak in the last minutes of trade. Positive Asian market cues and a sharp upmove in pharma stocks helped the indices reach a record high of 24861.15.
Sectors and stocks
Nifty gainers include Shriram Finance, Cipla, Dr Reddy’s Laboratories, Infosys, Bharti Airtel, Apollo Hospitals, while major losers include ONGC and Tata Consumer Products. Sectoral gains include information technology, automobiles, infra, metals, and pharma.
Strong buying interest in the broader market led to a 1 percent rise in the S&P BSE Smallcap index and a 2 percent increase in the S&P BSE Midcap index.
| FII Sold | Cr |
| DII Bought | Cr |
Indian Market Stocks
| Sensex | 1,292.92 | 1.62% | 81332.72 |
| Nifty 50 | 428.75 | 1.76% | 24834.85 |
| Nifty Bank | 407.20 | 0.80% | 51295.95 |
Market Movers
| Shriram Finance | 246.00 9.18 % | ONGC | -4.20 -1.25% |
| Divis Labs | 243.60 5.36% | TATA Cons. Prod | -9.95 -0.81% |
| Cipla | 74.95 5.00 % | Nestle | -3.75 -0.15% |
| Bharti Airtel | 65.25 4.50% | ||
| Apollo Hospital | 278.75 4.37% |
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Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.
Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.
Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.
Sensex Sensex Sensex
Sensex After four weeks of increases, Sensex and Nifty fell 2% for the first time After four weeks of increases, Sensex and Nifty fell 2% for the first time
The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.
The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.
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