The stock market today witnessed significant movements, as the Nifty index finished at 23,190.65, marking a 0.69% increase. During the trading session, the Nifty reached a peak of 23,402.7 before dipping to a low of 23,132.8. In parallel, the Sensex also showed positive momentum, closing at 76,348.06, which is 0.73% higher than its previous close and 557.45 points above its opening level.
Sector Performance Highlights
The Midcap index outperformed the Nifty 50 today, with the Nifty Midcap 50 climbing 1.04%. Small-cap stocks also thrived, as evidenced by the Nifty Small Cap 100, which ended at 15,858.05, reflecting a strong gain of 2.06% or 326.9 points. Here’s a quick look at the Nifty 50’s performance over the past year:
- Last Week: 2.3%
- Last Month: 0.34%
- Last 3 Months: -2.14%
- Last 6 Months: -1.49%
- Last Year: 8.84%
Top Gainers and Losers on the Nifty Index
Among the top performers on the Nifty index today were:
- SBI Life Insurance Company: +3.21%
- Oil and Natural Gas Corporation: +2.90%
- NTPC: +2.79%
- Bharat Petroleum Corporation: +2.77%
- Bajaj Finance: +2.72%
On the flip side, the biggest losers included:
- Hindalco Industries: -1.50%
- Infosys: -1.42%
- Wipro: -1.38%
- Trent: -1.37%
- Tata Steel: -1.11%
Bank Nifty Performance
The Bank Nifty closed at 50,062.85, reaching an intraday high of 50,672.15 and a low of 49,891.95. Over various time frames, the Bank Nifty has performed as follows:
- Last Week: 2.39%
- Last Month: 0.84%
- Last 3 Months: -3.57%
- Last 6 Months: 0.5%
- Last Year: 9.86%
Sector-Specific Highlights
Sensex Gainers and Losers
On the Sensex, the top gainers were:
- NTPC: +2.78%
- Bajaj Finance: +2.75%
- Kotak Mahindra Bank: +2.41%
- Axis Bank: +2.13%
- Larsen and Toubro: +2.03%
The top losers on the Sensex included:
- Infosys: -1.34%
- Wipro: -1.34%
- Tata Steel: -1.10%
- Mahindra and Mahindra: -1.08%
- Titan Company: -0.91%
MidCap and Small Cap Insights
The Nifty MidCap 50 saw notable gains with stocks like Hindustan Petroleum Corporation, Mphasis, and Vodafone Idea leading the way, while Suzlon Energy and Voltas faced declines.
In the Nifty Small Cap 100, top performers included Redington and Chennai Petroleum Corporation, whereas Amber Enterprises India and Aadhar Housing Finance experienced losses.
BSE and NSE Highlights
On the BSE, the standout gainers were:
- Home First Finance Company India: +9.11%
- General Insurance Corporation of India: +8.67%
- Network 18 Media and Investments: +8.23%
Conversely, the biggest losers featured:
- Amber Enterprises India: -4.84%
- Finolex Cables: -4.45%
Meanwhile, on the NSE, notable gainers included:
- Redington: +9.99%
- Chennai Petroleum Corporation: +9.98%
However, Amber Enterprises India led the declines with a drop of 4.94%.
Overall, today’s trading session has shown a mix of resilience and volatility, with certain sectors and stocks thriving while others faced challenges. Investors are likely keeping a close eye on these trends as they develop.
