Nifty closed at 18329.15 down by 0.11 percent

Nifty closed at 18329.15 down by 0.11 percent

NSE Nifty 50 was down by 0.11 percent. Nifty near 18350. Benchmark indices closed in red today at 18329.15.

Nifty Bank down by 0.14 percent. Closed in red today at 42076.75.

BSE Sensex below 61650 also closed in red. BSE was down by 0.28 percent and closed at 61624.15

Today, the advance-decline ratio was 0.84, and the market breadth was negative. The volatility index India Vix, on the other hand, further increased 3.50 percent to settle at 14.91.

DAILY MARKET ACTION
Advancers – 1030
Decliners – 1222
52Wk High –  66
52Wk Low – 35
High Band Hitters – 82
Low Band Hitters – 79
200d SMA – 16998
50d SMA – 17604
20d SMA – 17851

Top Gainers and Losers

The top gainers were Hindalco (+5.76%), Apollo Hospitals (+2.83%), Tata Motors (+2.36%), Grasim (+2.19%), and Power Grid (+1.39%).

The top losers were Dr. Reddy (-3.78%), Coal India (-2.51%), ITC (-2.50%), Hindustan Unilever (-1.80%), and SBIN (-1.46%).

Sectors & Broader Indices

The top gainers were Metal (+1.73%), Realty (+1.13%), IT (+0.87%), Auto (+0.23%), and Oil & Gas (+0.13%).

The top losers were Media (-2.40%), FMCG (-1.35%), Consumer Durables (-0.24%), and Financial Services (-0.19%).

The Nifty Midcap 50 was down by 0.02 percent, while the Nifty Small Cap 50 up by 0.77 percent.

SECTORS – NOTABLE ACTION
METAL +1.73%
REALTY +1.13%
IT +0.87%
MEDIA -2.40%
FMCG -1.35%
CONSUMER DURABLES -0.24%

Daily Pivots

The Nifty trading range for tomorrow is 18290 to 18390.

Read previous -Daily Insights- here
Nifty winning streak continues
Uncertainty and Volatility Persist
UK U-Turn boosts Market Sentiments

This article is only for educational purposes and is not an investment advice.