Sensex and Nifty50 gains as The largest Nifty gainers were Coal India, Adani Ports, Power Grid Corp, Cipla, and Wipro, while the largest losers were IndusInd Bank, Eicher Motors, Britannia, Tech Mahindra, and Titan Company.
The Indian benchmark indices, including the Sensex and Nifty, ended a three-day losing streak on August 7 with the Nifty closing near the key 24,300 level, driven by buying across sectors.
Sectors and stocks
The Nifty market opened higher due to positive global cues, but profit booking occurred at higher levels. The biggest gainers were Coal India, Adani Ports, Power Grid Corp, Cipla, and Wipro, while losers included IndusInd Bank, Eicher Motors, Britannia, Tech Mahindra, and Titan Company. Sectoral indices saw 2-3% increases.
| FII Sold | Cr |
| DII Bought | Cr |
Indian Market Stocks
| SENSEX | 874.94 | 1.11% | 79468.01 |
| Nifty 50 | 304.95 | 1.27% | 24297.50 |
| Nifty Bank | 370.70 | 0.75% | 50119.00 |
Market Movers
| ONGC | 23.00 7.51 % | IndusInd Bank | -35.85 -2.60% |
| Coal India | 31.90 6.39% | Eicher Motors | -56.75 -1.22% |
| Adani Enterpris | 113.25 3.69% | Tech Mahindra | -9.75 -0.66% |
| Adani Ports | 49.70 3.33% | Britannia | -17.70 -0.30% |
| Power Grid Corp | 11.30 3.32% | Titan Company | -8.85 -0.27% |
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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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