Market Update: The Sensex soared by 0.52 per cent, while Nifty increased by 0.49 per cent!

Vaishnavi Chauhan
/ Categories: Trending, Mkt Commentary
Market Update: The Sensex soared by 0.52 per cent, while Nifty increased by 0.49 per cent!

About 2,410 stocks were advancing as against to 860 that were declining, thus indicating a positive sentiment in the broader market.

Market Update at 11:15 AM: In the ongoing trading session, Benchmark indices are trading on a positive note. Sensex soared by 0.52 per cent, while Nifty increased by 0.49 per cent.

In the broader indices, the Nifty Mid-cap experienced a rally of 1.07 per cent, while the Nifty Small-cap is up by 1.32 per cent.

India VIX is has zoomed by 3.06 per cent, indicating a increase in market volatility.

Within the sectoral landscape Nifty Media and Nifty Realty was among the top gainers while Nifty Pharma and Nifty FMCG are the major sectors which is underperformed.

The broader market sentiment is positive, with 2,597 stocks advancing compared to 1,263 stocks declining.

 

Market Update at 9:35 AM: On Monday, Indian markets opened trading session on a positive note. Similarly, the Broader indices also witnessed a positive rally.

The Sensex is trading higher at 0.43 per cent above the 81,683.42 mark while the Nifty has also soared by 0.35 per placed at 24,922.50 level.

Whereas, in the broader, the Nifty Mid-cap increased by 0.66 per cent trading below the 58,151 level and the Nifty Small-cap rallied by 0.91 per cent.

India VIX has zoomed by 4.29 per cent, indicating an increase in market volatility.

Within the sectoral landscape Nifty Media and Nifty Realty was among the top gainers while Nifty Pharma and Nifty FMCG are the major sectors which is underperformed.

About 2,410 stocks were advancing as against to 860 that were declining, thus indicating a positive sentiment in the broader market.

 

Pre market: Indian benchmark indices, the Nifty 50 and the Sensex, broke a five-day losing streak and ended the week on a high note.

At close, the Sensex was up 1,292.92 points, or 1.62 per cent, at 81,332.72, and the Nifty was up 428.75 points, or 1.76 per cent, at 24,834.85.

The GIFT Nifty is trading higher, indicating a positive start for the day, with Nifty futures trading at 25,044.5.

Wall Street's major indexes ended higher on Friday as investors returned to tech megacaps that had triggered broad sell-offs earlier in the week. Inflation data also boosted optimism that the Federal Reserve will soon begin cutting interest rates.

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 gained 59.88 points, or 1.11 per cent, to 5,459.10, while the Nasdaq Composite climbed 176.16 points, or 1.03 per cent, to 17,357.88. The Dow Jones Industrial Average rose 654.27 points, or 1.64 per cent, to 40,589.34.

On July 26, foreign institutional investors (FIIs) turned net buyers, purchasing equities worth Rs 2546 crore, while domestic institutional investors (DIIs) extended their buying, acquiring equities worth Rs 2774 crore.

 

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

Rate this article:
5.0

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary29-Jul, 2024

Mindshare29-Jul, 2024

Multibaggers29-Jul, 2024

Bonus and Spilt Shares29-Jul, 2024

Penny Stocks29-Jul, 2024

Knowledge

General25-Jul, 2024

General24-Jul, 2024

General21-Jul, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR