Market Wrap: The benchmark indices concluded the trading day on a negative note!

Vaishnavi Chauhan
/ Categories: Trending, Mkt Commentary
Market Wrap: The benchmark indices concluded the trading day on a negative note!

About 1,718 stocks were advancing as against to 2,197 that were declining, thus indicating a negative sentiment in the broader market.

Market Update at 3:45 PM: On Friday, the market witnessed muted sentiment, with the Sensex trading down by 1.08 per cent touching 80,981.96 mark, while Nifty decreased by 1.17 per cent breaking the level of 24,717.70 points.

Furthermore, the broader market showed negative performance, with the Nifty Mid-cap closing down by 0.99 per cent and the Nifty Small-cap declined by 0.79 per cent.

Market volatility, as indicated by India VIX, has zoomed by 10.75 per cent, closing below 15 this is reflecting a significant increase in market volatility.

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

About 1,718 stocks were advancing as against to 2,197 that were declining, thus indicating a negative sentiment in the broader market.

 

Market Update at 2:15 PM: In the current trading session the benchmark indices trading on a negative note, with the Sensex trading significantly down by 0.98 per cent touching 81,087.97 mark, while Nifty plunged by 0.99 per cent reaching level of 24,761.80 points.

Similarly, the broader indices Nifty Mid-cap declined by 0.63 per cent, while Nifty Small-cap dipped by 0.50 per cent.

India VIX has reduced by 1.66 per cent, indicating a decrease in market volatility.

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

About 1,706 stocks are advancing as against 2,164 stocks that are declining, thus indicating a negative sentiment in the broader market.

 

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Market Update at 12:45 PM: In the current trading session benchmark indices have shown dampen performance, with Sensex trading down by 0.91 per cent while Nifty has also decreased by 0.93 per cent.

Additionally, in the broader indices, the Nifty Mid-cap plunged by 0.69 per cent, while the Nifty Small-cap declined by 0.46 per cent.

India VIX has soared by 7.29 per cent, indicating an increase in market volatility.

European stocks to open on dampen note on Friday, European futures DAX, CAC and FTSE traded low by 1.50 per cent, 0.81 per cent and 0.47 per cent, respectively.

Within the sectoral landscape Nifty Pharma was among the top gainers while Nifty Metal and Nifty Auto are the major sectors which is underperformed.

About 1,645 stocks are advancing as against to 2,165 stocks that are declining, thus indicating a negative sentiment in the broader market.

 

Market Update at 11:25 AM: In the ongoing trading session, Benchmark indices are trading on a negative note. Sensex plunged by 0.80 per cent, while Nifty decreased by 0.79 per cent.

In the broader indices, the Nifty Mid-cap experienced a decline of 0.62 per cent, while the Nifty Small-cap is down by 0.44 per cent.

India VIX has zoomed by 4.97 per cent, indicating an increase in market volatility.

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

The broader market sentiment is negative, with 1,664 stocks advancing compared to 2,066 stocks declining.

 

Market Update at 9:35 AM: On Friday, Indian markets opened trading session on a negative note. Similarly, the Broader indices also witnessed a muted sentiment.

The Sensex is trading lower at 0.91 per cent above the 81,119.14 mark while the Nifty has also plunged by 0.99 per cent placed at 24,764.30 level.

Whereas, in the broader, the Nifty Mid-cap decreased by 1.14 per cent trading below the 57,811 level and the Nifty Small-cap dipped by 1.37 per cent.

India VIX has zoomed by 7.81 per cent, indicating an increase in market volatility.

Within the sectoral landscape Nifty FMCG was among the top gainers while Nifty Metal and Nifty Auto are the major sectors which is underperformed.

About 1,053 stocks were advancing as against to 1,933 that were declining, thus indicating a negative sentiment in the broader market.

 

Pre Market: After reaching new record highs, Indian markets gave up most of their morning gains on August 1, ending the day with a modest increase.

At the close, the Sensex stood at 81,867.55, up by 0.15 points, while the Nifty closed at 25,010.9, up by 0.24 per cent.

The GIFT Nifty is trading lower, indicating a weak start for the day, with Nifty futures trading at 24,812.

US stocks kicked off August sharply lower after a round of economic data on Thursday spurred concerns that the economy may be slowing faster than anticipated, while the Federal Reserve maintains a restrictive monetary policy.

The Dow Jones Industrial Average fell 494.82 points, or 1.21 per cent, to 40,347.97, and the S&P 500 lost 75.62 points, or 1.37 per cent, to reach 5,446.68. Meanwhile, the Nasdaq Composite lost 405.25 points, or 2.30 per cent, to reach 17,194.15.

On the same day, foreign institutional investors (FIIs) turned net buyers, purchasing equities worth Rs 2,089 crore, while domestic institutional investors sold equities worth Rs 337 crore.

 

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

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