Market Overview
Today’s trading session witnessed a notable decline in key indices, with the Nifty Index closing at 25,796.9, marking a decrease of 2.12%. The session saw fluctuations, reaching a high of 25,639.45 and dipping to a low of 25,230.3. Similarly, the Sensex closed 2.1% lower at 84,266.29, down 1,769.19 points from its opening price, oscillating between 83,752.81 and 82,434.02 during the day. The Midcap index had a disappointing performance relative to the Nifty 50, with the Nifty Midcap 50 down by 2.29%. Conversely, small-cap stocks performed relatively better, with the Nifty Small Cap 100 concluding at 19,331.3, a decline of 1.96% which translated to a drop of 378.7 points.
Recent Performance of Nifty 50
Here’s how the Nifty 50 performed over various time frames:
- Last Week: -3.65%
- Last Month: -0.08%
- Last 3 Months: +4.0%
- Last 6 Months: +12.59%
- Last Year: +29.34%
Top Gainers and Losers in Nifty Today
Top Gainers
- JSW Steel: +1.15%
- Oil & Natural Gas Corporation: +0.03%
Top Losers
- Bharat Petroleum Corporation: -5.27%
- Shriram Finance: -4.51%
- Larsen & Toubro: -4.27%
- Axis Bank: -4.15%
- Tata Motors: -4.09%
Bank Nifty Performance
The Bank Nifty index closed at 52,922.6, having seen intraday highs of 52,582.95 and lows of 51,683.4. Its recent performance has been summarized as follows:
- Last Week: -4.63%
- Last Month: +0.33%
- Last 3 Months: -2.32%
- Last 6 Months: +8.89%
- Last Year: +16.8%
Comprehensive List of Gainers and Losers
Gainers from Other Sectors
- Petronet LNG
- Aurobindo Pharma
- Marico
- Colgate Palmolive India
- Muthoot Finance
Additional Losers
- Hindustan Petroleum Corporation
- GMR Airports Infrastructure
- Godrej Properties
- Phoenix Mills
- Suzlon Energy
Additional Notable Gainers
- Amber Enterprises India
- Angel Broking
- Great Eastern Shipping Company
- Blue Star
- Mahanagar Gas
Further Declines Noted
- NBCC India
- Alok Industries
- HFCL
- Titagarh Rail Systems
- BLS International Services
Performance Highlights
- Infibeam Avenues: +7.73%
- Amber Enterprises India: +6.72%
- Petronet LNG: +5.82%
- Jubilant Ingrevia: +5.69%
- Angel Broking: +5.37%
Significant Declines
- JM Financial: -6.71%
- Hindustan Petroleum Corporation: -6.58%
- Godrej Industries: -6.58%
- Dabur India: -6.19%
- Phoenix Mills: -5.87%
Conclusion
The market today presented a challenging environment for investors, with significant fluctuations and declines across major indices. Nonetheless, a few companies managed to stand out as gainers, amidst a broader trend of losses. Investors should remain vigilant and adapt to changing market dynamics as they shape their strategies moving forward.
