Market Wrap: Benchmark indices close on a flat note with Nifty Realty among the top gainers!

In the latest market update, the Sensex and Nifty both concluded with marginal positive gains, while Nifty Midcap closed notably higher by 0.66 per cent, and Nifty Smallcap ended the session flat.

Market Update at 3:35 PM: In the latest market update, the Sensex and Nifty both concluded with marginal positive gains, while Nifty Midcap closed notably higher by 0.66 per cent, and Nifty Smallcap ended the session flat.

The India VIX experienced a 1.5 per cent surge, reflecting increased market volatility.

Top gainers in the market included Nifty Realty, Nifty Financial Services, and Nifty Bank, while Nifty IT, Nifty Media, and Nifty Pharma registered losses.

Among individual stocks, notable gainers within the Nifty 50 were Bajaj Finance, Tata Consumer Products, and Bajaj Finserv, whereas SBI Life, Hindalco, and Hero Motocorp were among the top decliners.

Taking a broader view, approximately 966 stocks advanced, nearly equalling the 1051 stocks that declined, indicating a slightly negative sentiment prevailing in the broader market.

Market Update at 2:15 PM: In the current market scenario, the Sensex is registering a modest decline of 0.2 per cent, while the Nifty is also trading lower, down by 0.22 per cent.

On a more positive note, Nifty Midcap shows a marginal uptick of 0.29 per cent, and Nifty Smallcap is slightly higher by 0.06 per cent.

Volatility, as indicated by the India VIX, has surged by 3.19 per cent.

Among the leading gainers are Nifty Financial Services, Nifty Bank, and Nifty Realty, while Nifty IT, Nifty Metal, and Nifty Media are among the top losers.

In the Nifty 50 index, prominent gainers include Bajaj Finance, Bajaj Finserv, and Apollo Hospitals, while SBI Life, Hindalco, and Wipro are among the top decliners.

Taking a broader view, approximately 984 stocks are advancing, while 1018 stocks are declining, signaling a neutral sentiment in the broader market.

Market Update at 12:35 PM: In the current market scenario, the Sensex is experiencing a 0.11 per cent uptick, while the Nifty trades marginally higher by 0.1 per cent.

On a slightly brighter note, Nifty Midcap shows a modest gain of 0.28 per cent, and Nifty Smallcap is marginally higher by 0.25 per cent.

European markets are heading for a lower open on Monday as investors reflect on Central Bank decisions last week. European futures DAX, FTSE, and CAC are trading lower by 0.27 per cent, 0.15 per cent, and 0.37 per cent, respectively.

In terms of volatility, the India VIX has seen a notable surge of 1.22 per cent.

Among major sectors, Nifty Financial Services, Nifty Auto and Nifty Bank stand as the top performers, while Nifty PSU Bank, Nifty IT, and Nifty Media are among the top losers.

Top gainers within the Nifty 50 include Bajaj Finance, Bajaj Finserv, and Apollo Hospitals, while SBI Life, L&T, and Infosys are among the top losers.

Taking a broader view, approximately 1046 tocks are advancing, slightly outnumbered by 950 stocks that are declining, indicating a slight positive sentiment in the broader market.

Market Update at 11:11 AM: In the latest market developments, the Sensex is showing a moderate decline of 0.27 per cent, while the Nifty is trading lower by 0.28 per cent.

Furthermore, the Nifty Midcap is down by 0.26 per cent, whereas the Nifty Smallcap is marginally up, with an increase of 0.04 per cent.

Interestingly, the India VIX has seen a notable drop of 1.88 per cent.

Notably, the Nifty Financial Services sector is the sole major sector in positive territory, while Nifty PSU Bank, Nifty IT, and Nifty FMCG are among the top losers.

Top gainers within the Nifty 50 include Bajaj Finance, Bajaj Finserv, and Tata Consumer Products, while SBI Life, Infosys, and L&T are among the top losers.

Looking at the broader market sentiment, around 928 stocks are advancing, slightly outnumbered by 1051 stocks that are declining, suggesting a modestly negative sentiment overall.

Market Update at 9:30 AM: The opening of the market today saw both the Sensex and Nifty trading with little change. Meanwhile, the Nifty Midcap and Nifty Smallcap indices had a mixed start to the day.

In terms of volatility, the India VIX experienced a notable surge of 3 per cent.

Among the top gainers were Nifty Auto, Nifty Financial Services, and Nifty PSU Bank, while Nifty IT, Nifty Pharma, and Nifty FMCG showed losses.

Within the Nifty 50, notable gainers included Bajaj Finance, Bajaj Finserv, and Maruti, while L&T, SBI Life, and Hero Motocorp were among the top losers.

In the broader market, approximately 1142 stocks were advancing, outnumbering the 718 stocks that were declining, indicating an overall positive sentiment.

Pre-Market Update at 8:00 AM: On Friday, US stocks pulled back, wrapping up a challenging week for the market. The Dow Jones Industrial Average declined by 0.31 per cent, settling at 33,963.84. The S&P 500 also posted a loss of 0.23 per cent, closing at 4,320.06, while the Nasdaq Composite dipped by 0.09 per cent, ending the day at 13,211.81.

On Friday, crude oil prices remained stable, although they closed the week with losses due to profit-taking and a balancing act between concerns about Russia's fuel export ban affecting supply and worries about future rate hikes affecting demand. Brent futures concluded the day down by 3 cents at USD 93.27 per barrel, resulting in a 0.3 per cent weekly decline, ending a three-week streak of gains. Additionally, in the futures market, the Dollar index traded 0.21 per cent higher at 105.58, while the value of one dollar remained around Rs 83.10.

The GIFT Nifty suggests a slight positive opening for the benchmark indices, showing an uptick of 25 points. GIFT Nifty futures reached 19,669 points, having reached a peak at 19,679 points earlier.

On September 22, foreign institutional investors (FII) offloaded shares worth Rs 1,326.74 crore, while domestic institutional investors (DII) bought shares worth Rs 801.27 crore.

Stocks that are banned for trading in the F&O segment on September 25, 2023, are Canara Bank, Delta Corp, Granules, Hindustan Copper, Indiabulls Housing Finance and Manappuram.