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 1,592 stocks were advancing as against to 2,344 that were declining, thus indicating a negative sentiment in the broader market.

Market Update at 3:45 PM: On Tuesday, the market witnessed a fall, with the Sensex trading down by 0.21 per cent touching 78,793.07 mark, while Nifty decreased by 0.26 per cent breaking the level of 23,992.55 points.

Furthermore, the broader market showed negative performance, with the Nifty Mid-cap closing down by 0.61 per cent and the Nifty Small-cap declined by 0.39 per cent.

Market volatility, as indicated by India VIX, has plunged by 7.98 per cent, closing below 19 this is reflecting a decrease in market volatility.

In the sectoral landscape, Nifty Realty and Nifty IT emerged among the top gainers, while Nifty PSU Bank and Nifty Bank were in the major underperforming sectors.

About 1,592 stocks were advancing as against to 2,344 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 down by 0.16 per cent touching 78,629.04 mark, while Nifty plunged by 0.20 per cent breaking the level of 24,006.85 points.

Similarly, the broader indices Nifty Mid-cap declined by 0.11 per cent, while Nifty Small-cap rallied by 0.05 per cent.

India VIX has rallied by 43.44 per cent, indicating an increase in market volatility.

In the sectoral landscape, Nifty Realty and Nifty IT emerged among the top gainers, while Nifty PSU Bank and Nifty Bank were in the major underperforming sectors.

About 1,785 stocks are advancing as against 2,093 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 shown a positive performance, with Sensex trading up by 0.59 per cent while Nifty has also zoomed by 0.58 per cent.

Additionally, in the broader indices, the Nifty Mid-cap soared by 1.14 per cent, while the Nifty Small-cap increased by 1.32 per cent.

India VIX has declined by 11.13 per cent, indicating an increase in market volatility.

European stocks to open on mixed note on Tuesday, European futures DAX and FTSE traded up by 0.59 per cent and 0.37 per cent, respectively. In contrast to this, CAC traded on flat note.

In the sectoral landscape, no player emerged among the top gainers, while Nifty Metal and Nifty Realty were the major underperforming sectors.

About 2,503 stocks are advancing as against to 1,313 stocks that are declining, thus indicating a negative 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 0.81 per cent, while Nifty significantly increased by 0.77 per cent.

In the broader indices, the Nifty Mid-cap experienced a rally of 1.18 per cent, while the Nifty Small-cap is up by 1.48 per cent.

Furthermore, India VIX has decreased by 11.69 per cent, indicating a significant decline in market volatility.

In the sectoral landscape, no player emerged among the top gainers, while Nifty Metal and Nifty Realty were the major underperforming sectors.

The broader market sentiment is positive, with 2,575 stocks advancing compared to 1,135 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 rally.

The Sensex is trading up at 1.03 per cent above the 79.585.90 mark while the Nifty has also soared by 1.05 per cent placed at 24,313.40 level.

Whereas, in the broader, the Nifty Mid-cap increased by 1.50 per cent trading below the 56.697.80 level and the Nifty Small-cap zoomed by 1.46 per cent.

India VIX has decreased by 13.72 per cent, indicating a significant decline in market volatility.

In the sectoral landscape, Nifty Realty and Nifty IT emerged among the top gainers, while there were no players in the major underperforming sectors.

About 2,515 stocks were advancing as against to 684 that were declining, thus indicating a positive sentiment in the broader market.

 

Pre Market: The Indian markets fell by over 3 per cent intraday on Monday due to weak global sentiments, driven by worries about a potential US recession after disappointing job data, manufacturing PMI, and jobless claims.

At the close, the Sensex was down 2,222.55 points or 2.74 per cent at 78,759.40, and the Nifty was down 662.10 points or 2.68 per cent at 24,055.60.

The GIFT Nifty is trading higher, indicating a positive start for the day. Nifty futures were trading at 24,326.

US stocks also ended with steep losses on Monday. The Nasdaq and S&P 500 each dropped by more than 3 per cent, continuing last week's sell-off due to US recession worries and a sharp fall in Apple shares after a major investor reduced its stake. 

Recession fears affected global markets, causing investors to move away from risky assets following weak economic data last week, including Friday's soft US payrolls report.

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Furthermore, the Dow Jones Industrial Average fell 1,033.99 points, or 2.6 per cent, to 38,703.27. The S&P 500 lost 160.23 points, or 3 per cent, to 5,186.33, and the Nasdaq Composite dropped 576.08 points, or 3.43 per cent, to 16,200.08.

Foreign institutional investors (FIIs) sold equities worth Rs 10,078 crore on August 5, while domestic institutional investors bought equities worth Rs 9,155 crore on the same day.

 

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

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