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HomeLatest NewsSensex Rallies 820 Points, Nifty Crosses 24,350 in Market Comeback!

Sensex Rallies 820 Points, Nifty Crosses 24,350 in Market Comeback!

Sensex and Nifty50 gains as Eicher Motors, ONGC, Tech Mahindra, Tata Motors, and Shriram Finance were top gainers on the Nifty, while BPCL, HDFC Life, Kotak Mahindra Bank, Divi’s Labs, and Sun Pharma were losers.

Indian equity indices, including the Sensex and Nifty, saw a 1.04 percent gain on August 9, largely due to sectoral buying.

Positive global cues led to market gap-up, with Nifty reaching 24,400 and Sensex nearing 80,000. BSE Sensex and Nifty shed 1.5 percent each for the week.

Sectors and stocks

Top gainers on Nifty include Eicher Motors, ONGC, Tech Mahindra, Tata Motors, and Shriram Finance, while losers include BPCL, HDFC Life, Kotak Mahindra Bank, Divi’s Labs, and Sun Pharma.

Sectoral indices like auto, capital goods, IT, power, realty, PSU Bank, and media are trading in the green, while the BSE Midcap and Smallcap indexes rose 0.8%.

FII Sold Cr
DII Bought Cr
as per lastest session

Indian Market Stocks

SENSEX 819.69 1.04%79705.91
Nifty 50250.501.04%24367.50
Nifty Bank327.800.65%50484.50
as per closing Bell

Market Movers

Eicher Motors 253.70 5.54%BPCL -4.90 -1.45%
ONGC 9.85
3.05 %
HDFC Life -7.95 -1.12%
Shriram Finance 85.90 2.99%Kotak Mahindra-3.10 -0.17%
Tech Mahindra 40.25 2.74%Sun Pharma -1.75 -0.10%
Tata Motors26.35 2.53%Divis Labs -4.55 -0.09%
as per closing Bell

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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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