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Market wrap: Benchmark indices make record highs while Nifty Realty surges over 1.5 per cent!
Siddharth Mane
/ Categories: Trending, Mkt Commentary

Market wrap: Benchmark indices make record highs while Nifty Realty surges over 1.5 per cent!

On Friday, Benchmark indices concluded the last trading day on a positive note as Sensex surged by 0.28 per cent and reached its new all-time high at 82,637.03 level, while Nifty soared by 0.38 per cent and reached its record high at 25,268.35 level.

Market Update at 3:35 PM: On Friday, Benchmark indices concluded the trading day on a positive note as Sensex surged by 0.28 per cent and reached its new all-time high at 82,637.03 level, while Nifty soared by 0.38 per cent and reached its record high at 25,268.35 level. Similarly, the Broader market experienced gains as Nifty Midcap closed higher by 0.56 per cent after, while Nifty Smallcap soared by 0.47 per cent.

Market volatility, as indicated by India VIX, has declined by 2.7 per cent and is trading around the level of 13 reflecting a slight decrease in market volatility.

Within the sectoral landscape, Nifty Realty, Nifty Pharma and Nifty Auto were among the Top Gainers, while Nifty Media was the only major sector which underperformed.

Cipla, Bajaj Finance and M&M were among the top gainers while on the other hand Tata Motors, HDFC Bank and Tech Mahindra were among the Top Losers.

About 1466 stocks were advancing as against to 865 that were declining, thus indicating a positive sentiment in the broader market.

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Market Update at 2:10 PM: In the current trading session benchmark indices trade on a positive note with the Sensex trading higher by 0.42 per cent, while Nifty gained by 0.4 per cent. Similarly, in the broader indices Nifty Midcap has soared by 0.94 per cent, while Nifty Smallcap has surged by 0.84 per cent.

India VIX has declined by 1.07 per cent and is trading around the level of 13 indicating a decrease in market volatility.

Within the sectoral landscape, Nifty Pharma, Nifty Realty and Nifty Metal are among the top gainers while Nifty FMCG is the only major sector which is currently underperforming.

Power Grid Corporation, Bajaj Finance and NTPC are among the top gainers while Tata Motors, ITC and Reliance are among the top losing stocks from the Nifty 50.

About 1540 stocks are advancing as against 790 that are declining, thus indicating a positive sentiment in the broader market.

 

Market Update at 12:35 PM: In the current trading session benchmark indices have surged with Sensex trading higher by 0.37 per cent while Nifty also gained by 0.38 per cent. Similarly, in the broader indices Nifty Midcap has soared by 0.68 per cent, while Nifty Smallcap has surged by 0.73 per cent.

India VIX has declined by 1.81 per cent and is trading around the mark of 13.5 indicating a slight decrease in market volatility.

European markets are set for a mixed opening on Friday, the final trading day of August, as investors awaited key inflation data from both the region and the U.S. European futures DAX trades lower by 0.11 per cent while CAC and FTSE trade higher by 0.01 per cent and 0.02 per cent respectively.

Within the sectoral landscape Nifty Pharma, Nifty Realty and Nifty Metal are among the top gainers while Nifty FMCG is the only major sector which is underperforming.

Bharti Airtel, Divi’s Laboratories and Power Grid Corporation are among the top gainers within the Nifty 50 while, Tata Motors, Reliance and ITC are among the top losers.

About 1532 stocks are advancing as against to 798 stocks that are declining, thus indicating a positive sentiment in the broader market.

 

Market Update at 11:10 AM: In the ongoing trading session, Benchmark indices are trading on a positive note with Sensex trading higher by 0.3 per cent, while Nifty gained by 0.31 per cent. Similarly in the broader indices Nifty Midcap experience gains of 0.73 per cent, while Nifty Smallcap has soared by 0.84 per cent.

India VIX is has slightly declined by 1.80 per cent and is trading around the mark of 13.5, indicating an slight decrease in market volatility.

Within the sectoral landscape, Nifty Realty, Nifty Pharma and Nifty PSU Bank are among the top gainers while Nifty FMCG is the only sector which is underperforming.

Top gainers in individual stocks are Bharti Airtel, Power Grid Corporation and Hero Motocorp while, Tata Motors, Britannia Industries and ITC are among the top losers in the Nifty 50.

The broader market sentiment is positive, with 1549 stocks advancing compared to 761 stocks declining.

 

Market Update at 9:40 AM: On Friday, Indian markets opened the last trading session of the week on a positive note while, the Broader indices also opened higher. Nifty Realty emerged as the top gainer, while no major sectors underperformed.

The Sensex is trading up by 0.37 per cent making a new all-time high at 82,637.03 level while the Nifty has also gained by 0.36 per cent and made a record high at 25,258.80 level. Similarly, in the broader indices, the Nifty Midcap gained by 0.37 per cent trading above the 59,100 level while the Nifty Smallcap slightly gained by 0.22 per cent and is trading above the 19,200 mark!

India VIX has marginally declined by 0.91 per cent and is trading around the mark of 13.5, indicating a slight decrease in market volatility.

Within the sectoral landscape Nifty Realty, Nifty PSU Bank, Nifty Metal and Nifty Pharma are among the top gainers while no major sectors are currently underperforming.

Hero Motocorp, BPCL and Titan are among the top gainers within the Nifty 50 while Tata Motors, LTIMindtree and Shriram Finance are among the top losers.

About 1444 stocks are advancing as against to 763 stocks that are declining, thus indicating a positive sentiment in the broader market.

 

 

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