Market wrap: Benchmark indices concluded the trading day on a positive note with both Sensex and Nifty soaring to fresh all-time high mark!
About 1,425 stocks were advancing as against to 2,500 that were declining, thus indicating a negative sentiment in the broader market.
Market Update at 3:45 PM: On Thursday, Benchmark indices concluded the trading day on a positive note as Sensex surged by 0.78 per cent and reached its new all-time high at 81,343.46 level, while Nifty soared by 0.76 per cent and reached its record high at 24,800.85 level.
Furthermore, the broader market experienced declines, with the Nifty Mid-cap closing down by 0.96 per cent and the Nifty Small-cap falling by 1.22 per cent.
Market volatility, as indicated by India VIX, has rallied by 2.02 per cent, closing below 15 this is reflecting a increase in market volatility.
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Within the sectoral landscape, Nifty Financial Services, Nifty FMCG and Nifty IT are among the top gainers while Nifty Media, and Nifty Metal are among the top losers.
About 1,425 stocks were advancing as against to 2,500 that were declining, thus indicating a negative sentiment in the broader market.
Market Update at 2:35 PM: In the current trading session, benchmark indices are trading positively, with the Sensex up by 0.97 per cent, reaching an all-time high of 81,508.93, while the Nifty has risen by 0.89 per cent, surpassing the 24,830 mark.
In contrast to this, in the broader indices Nifty Mid-cap plunged by 1.16 per cent, while Nifty Small-cap dipped by 1.04 per cent.
India VIX has soared by 3.02 per cent, indicating significant increase in market volatility.
Within the sectoral landscape, Nifty Financial Services, Nifty FMCG and Nifty IT are among the top gainers while Nifty Media, Nifty Realty and Nifty Metal are among the top losers.
About 1,400 stocks are advancing as against 2,484 stocks that are declining, thus indicating a negative sentiment in the broader market.
Market Update at 12:45 PM: In the current trading session benchmark indices have surged with Sensex trading higher by 0.10 per cent while Nifty has also slightly gained by 0.01 per cent.
Whereas, in the broader indices Nifty Mid-cap has dipped 1.29 per cent, while Nifty Small-cap is down by 1.05 per cent.
India VIX is has increased by 0.95 per cent, indicating a slight increase in market volatility.
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European stocks are poised to open on positive note on Thursday, European futures DAX, CAC and FTSE trade higher by 0.13 per cent, 0.45 per cent and 0.67 per cent respectively. This increase is due to rising oil and gold prices, which have set a positive tone for the UK market.
Within the sectoral landscape, Nifty IT, and Nifty FMCG are among the top gainers while Nifty Realty, Nifty Media and Nifty Metal are the major sectors which are underperforming.
About 1,301 stocks are advancing as against to 2,515 stocks that are declining, thus indicating a negative sentiment in the broader market.
Market Update at 9:35 AM: On Thursday, Indian markets opened trading session on a muted note. Similarly, the Broader indices also displayed negative performance. The Sensex is trading down by 0.20 per cent above the 80,555.22 mark while the Nifty has also dipped by 0.24 per.
Whereas, in the broader, the Nifty Mid-cap declined by 1.06 per cent trading below the 57,057.35 level and the Nifty Small-cap plunged by 1.34 per cent.
India VIX has surged by 1.85 per cent, indicating a increase in market volatility.
Within the sectoral landscape Nifty IT was among the top gainers while Nifty Realty and Nifty Media are the major sectors which is underperformed!
About 1,014 stocks are advancing as against to 2,098 stocks that are declining, thus indicating a negative sentiment in the broader market.
Pre-Market Update at 8:15 AM: On Wednesday, the S&P 500 and the Nasdaq took a hit as microchip shares plunged amid potential U.S.-China trade conflicts, intensifying the ongoing shift away from megacap tech stocks. The Dow Jones Industrial Average rose by 243.6 points (0.59 per cent) to 41,198.08, while the S&P 500 dropped 78.93 points (1.39 per cent) to 5,588.27, and the Nasdaq Composite fell by 512.42 points (2.77 per cent) to 17,996.93.
The GIFT Nifty is trading lower, suggesting a flat to negative start for the day. Nifty futures were at 24,671.50. Meanwhile, the Indian market extended its winning streak for the third consecutive session on July 16, with benchmarks hitting fresh record highs thanks to buying in IT, realty, and FMCG stocks. At close, the Sensex was up by 51.69 points (0.06 per cent) at 80,716.55, and the Nifty was up by 26.30 points (0.11 per cent) at 24,613.
On July 17, 2024, foreign institutional investors (FII) bought shares worth Rs 1,271.45 crore, while domestic institutional investors (DII) sold shares worth Rs 529.48 crore.
Disclaimer: The article is for informational purposes only and not investment advice.