Market wrap: Sensex soared by 0.86 per cent, while Nifty increased by 0.99 per cent!
The broader market sentiment is positive, with 2,703 stocks advancing compared to 1,017 stocks declining.
Market Update at 11:15 AM: In the ongoing trading session, Benchmark indices are trading on a positive note. Sensex soared by 0.86 per cent, while Nifty increased by 0.99 per cent.
In the broader indices, the Nifty Mid-cap experienced a rally of 1.75 per cent, while the Nifty Small-cap is up by 0.84 per cent.
Additionally, India VIX is has declined by 1.07 per cent, indicating a decline in market volatility.
Furthermore, within the sectoral landscape, Nifty Metal and Nifty IT are among the top gainers.
The broader market sentiment is positive, with 2,703 stocks advancing compared to 1,017 stocks declining.
Market Update at 9:35 AM: On Friday, Indian markets opened trading session on a positive note. Similarly, the Broader indices also witnessed a positive rally.
The Sensex is trading higher at 0.40 per cent above the 79,363.80 mark while the Nifty has also soared by 0.46 per placed at 24,517.15 level.
Whereas, in the broader, the Nifty Mid-cap increased by 1.24 per cent trading below the 56,446 level and the Nifty Small-cap rallied by 0.47 per cent.
India VIX has plunged by 2.83 per cent, indicating an increase in market volatility.
Within the sectoral landscape Nifty Media and Nifty Realty was among the top gainers while Nifty Bank and Nifty FMCG are the major sectors which is underperformed.
About 2,310 stocks were advancing as against to 739 that were declining, thus indicating a positive sentiment in the broader market.
Pre Market: Profit booking continued for the fifth consecutive session on July 25, with Nifty closing around 24,400 amid F&O expiry day volatility.
At close, the Sensex was down 109.08 points, or 0.14 per cent, at 80,039.80, and the Nifty was down 7.40 points, or 0.03 per cent, at 24,406.10.
The GIFT Nifty is trading higher, indicating a positive start for the day, with Nifty futures trading at 24,482.
The S&P 500 and Nasdaq Composite ended a volatile session lower on Thursday, unable to recover from the previous day's tech-triggered sell-off as investors struggled with the outlook for megacap stocks. However, the Dow Jones Industrial Average held onto early gains, closing higher on the back of stronger-than-expected U.S. GDP data.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
The S&P 500 lost 27.91 points, or 0.51 per cent, to 5,399.22, while the Nasdaq Composite fell 160.69 points, or 0.93 per cent, to 17,181.72. The Dow Jones Industrial Average rose 81.20 points, or 0.20 per cent, to 39,935.07.
On July 25, foreign institutional investors (FIIs) extended their selling, offloading equities worth Rs 2605 crore, while domestic institutional investors (DIIs) continued their buying, purchasing equities worth Rs 2431 crore.
Disclaimer: The article is for informational purposes only and not investment advice.