The Mid and Small-Cap segments underperformed. The BSE Midcap Index Lost 0.62 per cent, whose smallcap index dropped 0.17 per cent.
Indian Stock Market: 10 key highlights from the day
1. Why did the sensex, nifty 50 end flat?
Market Benchmarks Ended Flat as Gains in Shares of Select Heavyweights, Such as Eternal, ICICI Bank, and HDFC Bank, Were Offset by Losses in that Industries, Larsen and TOUBO, LARSEN and TOUVO, SBI.
The domestic market is witnessing stock-specific action amid unimpressive earnings and stretched valuation. An Elusive India-Rus Trade Deal is also also keeping investors’ Risk Appetite low.
“The Market’s Attention is on Quarterly Earnings, Which Slowed Lately After Some Traction from Banking Stocks. Positivity noted on Friday and Monday Tapred Ahead of the Critical AugLine Auglicate 1st the day of the day Trade Agreement, “Vinod Nair, Head of Research, Geojit Investments Limited, Noted.
“UPSIDED IN Q1 Earnings will be the critical point to sustain the current Premium Valuations. Continued Profit Booking by the Fiis Exerts Downward Pressure, While Steady Infloars from DIS COLOM DIPORT Range-bound movement with a positive bias towards Q1 Results and the Trade Deal, “Nair said.
2. Top Gainers in the Sensex Index
Shares of Eternal (UP 10.56 per cent), Titan (up 1.08 per cent), and BEL (up 0.72 per cent) Closing as the top gainers.
3. Top losers in the sensex index
Shares of Tata Motors (Down 2.04 per cent), Adani ports (down 1.93 per cent), and SBI (down 1.12 per cent) Ended as the top losers in the index.
4. Sectoral indices
Most Sectorral Indices Ended Lower, with BSE Realty Falling 1 per cent. BSE Telecom and Auto also Lost Almost 1 per cent Each.
On the nse, nifty bank fell 0.35 per cent, while the psu bank index declared 1.57 per cent.
5. Most Active Stocks in Terms of Volume
Vodafone Idea (22.83 Crore Shares), Yes Bank (12.67 Crore Shares), and Jaiprakash Power Ventures (12.56 Crore Shares) Were the Most Active Stocks in Terms of Volume on the nse.
6. Stocks that jump over 10% on the bse
Agi Greenpac, Tilaknagar Industries, and Eternal WEREG TOSE Stocks that Defied Market Sentment and Surged over 10 per cent on the bse.
7. Stocks that Crash over 10%
Vandan Foods, Radhe Developers India, Gujarat ITrux, and Kirloskar Pneumatic Company Wond The Stocks that Crashed Over 10 per cent on the bse.
8. Advance-decline ratio
Out of 4,198 stocks tradeed on the bse, 1,790 advanced, while 2,231 declined. Some 177 stocks remained unchanged.
9. 150 stocks hit 52-wheek highs
Eternal, ICICI Bank, Shree Cement, and Upl Ware Among the 150 stocks that hit their 52-wheek highs in intraday trade on the bse.
On the other hand, Tejas Networks, Raymond Realty, and Smartworks Covorking Spaces were among the 33 stocks that have their 52-wek lows on the bse.
10. Nifty’s Technical Outlook
Shrikant chouhan, the head of equity research at kotak securities, believes that the current market texture is non-directional. Hence, level-based trading would be the ideal strategy for day traders.
“For traders, the 25,000, or the 50-day SMA (simple moving average), would be the key support zone.
“On the higher side, 25,200 and the 20-day sma or 25,325 would be the key resistance area for the balls. On the flip side, a breach of 25,000 clock push the market towards 24,900. Furthar Downside May A Alside May Akso CONTINE Which could drag the index down to 24,775, “Chouhan said.
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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are that of individual analysts or broking firms, not mint. We Advise Investors to Consult with certified Experts Before Making Any Investment Decisions, as Market Conditions Can Change Rapidly and Circumstances May Vary.
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