Nifty smallcap and midcap rise, FMCG and Realty lag behind

Sensex trading higher by 0.82 per cent while Nifty trading higher by 0.80 per cent.

Market Update at 2:25 PM: In the current trading session benchmark indices are trading positive, with Sensex trading higher by 0.82 per cent while Nifty trading higher by 0.80 per cent. Similarly, in the broader indices Nifty Midcap higher by 0.76 per cent, while Nifty Smallcap higher by 0.65 per cent.

India VIX decline by 2.59 per cent and is trading around the mark of 14.32 indicating a fall in market volatility.

Within the sectoral landscape Nifty Media, Nifty PSU Bank, and Nifty Metal is among the Top Gainers while Nifty FMCG and Nifty Realty is underperforming.

ADANIPORTS, NTPC, and ADANIENT are among the top gainers within the Nifty 50 while, BHARTIARTL, ITC, and HEROMOTOCO are among the Top Losers.

About 1,792 stocks are advancing as against to 603 stocks that are declining, thus indicating a positive sentiment in the broader market.

Market Update at 9:45 AM: On Tuesday, markets opened on a positive note, with both Nifty and Sensex showing positive movement. The Nifty PSU Bank index led the gains, while Nifty FMCG index lagged behind.

As of now, the Sensex is up by 0.28 per cent, hovering around 80,470, and Nifty is up by 0.25 per cent, trading near 24,330. However, in the broader market, the Nifty Midcap rose about 0.64 per cent to about 57,360, and the Nifty Smallcap is up by 0.87 per cent, trading near 19,000.

India VIX is down by 0.54 per cent, trading at 14.62, indicating slight fall in market volatility.

Within the sectoral landscape Nifty PSU Bank, Nifty Media, and Nifty Bank sector is among the Top Gainers while Nifty FMCG and Nifty Pharma is underperforming.

SHRIRAMFIN, ADANIPORTS, and SBIN are among the top gainers within the Nifty 50 while ITC, TRENT, and BHARTIARTL are among the Top Losers.

About 1,860 stocks are advancing as against to 430 stocks that are declining, thus indicating a positive sentiment in the broader market.

Pre-Market Update at 7:40 AM: On Monday, the S&P 500 climbed by 0.24 per cent, while the Nasdaq Composite recorded a 0.97 per cent gain. In contrast, the Dow Jones Industrial Average closed 0.29 per cent lower.

The GIFT Nifty is trading slightly higher, indicating a flat to positive start for the day. Nifty futures were trading at 24,425.00.

The U.S. 10-year Treasury yield stands at 4.195 per cent, while the 2-year bond yield at 4.179 per cent.

Brent crude hovered near $71.8 per barrel and WTI around $68 as traders awaited Thursday's OPEC+ meeting, expected to delay a production hike amid oversupply concerns. Supporting prices were signs of economic recovery in China, while Middle East tensions, including Syria's conflict and Israel's ceasefire commitments after strikes on Hezbollah, added to market focus.

On December 2 2024, foreign institutional investors (FII) sold shares worth Rs 238 crore, while domestic institutional investors (DII) bought shares worth Rs 3,588 crore.

Stocks that are banned for trading in the F&O segment on December 3, 2024, are RBLBANK.

Disclaimer: The article is for informational purposes only and not investment advice.