Market Wrap: Benchmark indices make new all-time highs!

In the latest market session, the Sensex closed with a gain of 0.47 per cent after reaching its new all-time high level of 67,927, while the Nifty also concluded the trading session with a 0.44 per cent increase after making a new all-time high of 20,222.

Market Update at 3:50 PM: In the latest market session, the Sensex closed with a gain of 0.47 per cent after reaching its new all-time high level of 67,927, while the Nifty also concluded the trading session with a 0.44 per cent increase after making a new all-time high of 20,222.

Within the market segments, the Nifty Midcap saw a modest rise of 0.28 per cent, while the Nifty Smallcap performed impressively, surging by 0.41 per cent.

The India VIX, reflecting market volatility, has edged down by 3.71 per cent.

Among the top gainers were Nifty Auto, Nifty IT, and Nifty Pharma, while Nifty FMCG, Nifty Energy and Nifty Realty were among the top losers.

In the Nifty 50 index, notable gainers included Bajaj Auto, Bharti Airtel, and M&M, whereas BPCL, Asian Paints, and Hindustan Unilever faced losses.

An overview of market sentiment reveals that approximately 1052 stocks advanced, outnumbering the 945 stocks that declined. This points to a prevailing positive sentiment in the broader market.

Market Update at 2:20 PM: In the latest market update, the Sensex is demonstrating a moderate increase of 0.41 per cent, while the Nifty is trading higher, recording a gain of 0.4 per cent.

Within the market segments, the Nifty Midcap is experiencing an uptick of 0.19 per cent, and the Nifty Smallcap is also on the rise, showing an increase of 0.41 per cent.

Notably, the India VIX, which measures market volatility, has witnessed a substantial decrease of 3.71 per cent, indicating reduced market uncertainty.

Among sector-specific indices, Nifty Auto, Nifty IT, and Nifty PSU Bank are leading the gainers, while Nifty Realty, Nifty FMCG, and Nifty Media are among the top losers.

In the Nifty 50 index, prominent gainers include Bajaj Auto, M&M, and Hero Motocorp, whereas BPCL, Asian Paints, and Hindustan Unilever are among the top losers.

A broader perspective on market sentiment reveals that approximately 1089 stocks are advancing, outnumbering the 911 stocks that are declining. This suggests an overall positive sentiment in the broader market.

Market Update at 12:40 PM: In the latest market update, the Sensex is trading with a moderate uptick of 0.26 per cent, while the Nifty has recorded a slight gain of 0.25 per cent.

Within the Indian market, the Nifty Midcap segment is exhibiting stability, trading flat, while the Nifty Smallcap segment has shown a marginal uptick of 0.11 per cent.

Looking globally, European markets are poised for a positive opening on Friday, buoyed by the European Central Bank's indication that its recent interest rate hike might be its final move, alongside a broader global stock market rally. European futures indicate gains, with DAX, CAC, and FTSE trading higher by 0.75 per cent, 0.88 per cent, and 0.35 per cent, respectively.

The India VIX, a measure of market volatility, has witnessed a decline of 2.47 per cent, reflecting reduced market uncertainty.

Among sector-specific indices, Nifty Auto, Nifty IT, and Nifty Financial Services are leading the gainers, while Nifty Metal, Nifty Realty, and Nifty Media are experiencing losses.

In the Nifty 50 index, prominent gainers include Bajaj Auto, Hero Motocorp, and Grasim, while BPCL, Asian Paints, and Hindustan Unilever are among the top losers.

A broader perspective on market sentiment reveals that approximately 1048 stocks are advancing, surpassing the 952 stocks that are declining, indicating an overall positive sentiment in the broader market.

Market Update at 11:20 AM: In the current market session, the Sensex is demonstrating a moderate uptick of 0.37 per cent, while the Nifty is showing a similar upward movement, higher by 0.36 per cent.

Within the broader market indices, the Nifty Midcap segment is trading with a gain of 0.52 per cent, while the Nifty Smallcap segment is exhibiting a more substantial increase, up by 0.71 per cent.

The India VIX, a measure of market volatility, has experienced a decline of 1.77 per cent, suggesting a relatively calmer market environment.

Among sector-specific indices, Nifty Auto, Nifty PSU Bank, and Nifty Financial Services are leading the gainers, whereas Nifty FMCG, Nifty Realty, and Nifty Media are facing losses.

In the Nifty 50, prominent gainers include Bajaj Auto, Hero Motocorp, and Tata Motors, while Asian Paints, Power Grid, and Hindustan Unilever are among the top losers.

A broader look at market sentiment reveals that approximately 1276 stocks are advancing, outnumbering the 715 stocks that are declining. This prevailing trend signifies a positive overall sentiment in the market.

Market Update at 9:30 AM: In today's market opening, both the Sensex and Nifty are off to a positive start, with gains of 0.27 per cent and 0.22 per cent, respectively.

Furthermore, the Nifty Midcap has shown substantial growth, rising by 0.38 per cent, while the Nifty Smallcap has opened significantly higher, with an impressive 0.6 per cent increase.

Adding to the market dynamics, the India VIX has witnessed a significant plunge of 2.47 per cent, indicating reduced volatility.

Among the top gainers in sectoral indices are Nifty IT, Nifty Auto, and Nifty Pharma, while Nifty Media, Nifty Realty, and Nifty FMCG are among the top decliners.

Zooming in on individual stocks within the Nifty 50, the top performers include Bajaj Auto, Coal India, and HCL Tech, while Asian Paints, Hindustan Unilever, and Adani Ports find themselves among the top decliners.

Considering market breadth, approximately 1284 stocks are advancing, outnumbering the 544 stocks in decline, indicating an overall positive sentiment prevailing in the broader market.

Pre-Market Update at 8:10 AM: The Dow Jones Industrial Average experienced its most significant rally in over a month, driven by positive developments in Wall Street's IPO market and encouraging economic data. For the first time in three days, the Dow increased 0.96 per cent rise, closing at 34,907.11. The S&P 500 also saw gains, rising by approximately 0.84 per cent to reach 4,505.10, while the Nasdaq Composite moved up by 0.81 per cent, reaching 13,926.05.

Oil prices surged on Thursday, with U.S. crude surpassing USD 90 per barrel, driven by mounting expectations of a constrained supply. West Texas Intermediate crude (WTI) rose by 1.6 per cent, hitting a peak of USD 90.04 per barrel, its highest level since November 2022. Brent crude also saw a significant increase of 1.7 per cent, reaching USD 93.47 per barrel, marking a 10-month high. Simultaneously, the Dollar index in futures was up by 0.47 per cent at 105.26, with the dollar's value remaining near Rs 83.06.

The GIFT Nifty suggests a slightly positive opening for the benchmark indices, with an increase of 24 points. GIFT Nifty futures reached 20,232 points, peaking at 20,241 points.

On September 14, foreign institutional investors (FII) bought shares worth Rs 294.69 crore, while domestic institutional investors (DII) sold shares worth Rs 50.80 crore.

Stocks that are banned for trading in the F&O segment on September 15, 2023, are Balrampur Chini Mills, BHEL, Delta Corp, Hind Copper, Indiabulls Housing Finance, IEX, India Cements, Manappuram, National Aluminium Company, REC Ltd, SAIL and Zee Entertainment Ltd.