Nifty closed at 18403.40 up by 0.41 percent

Nifty closed at 18403.40

NSE Nifty 50 was up by 0.41 percent. Nifty above 18400. Benchmark indices closed in green today at 18403.40.

Nifty Bank up by 0.70 percent. Closed in green today at 42372.70.

BSE Sensex near 61875 also closed in green. BSE was up by 0.40 percent and closed at 61872.99.

Today, the advance-decline ratio was 0.94, and the market breadth was negative. The volatility index India Vix, on the other hand, further decreased 1.84 percent to settle at 14.64.

DAILY MARKET ACTION
Advancers – 1075
Decliners – 1144
52Wk High –  71
52Wk Low – 30
High Band Hitters – 76
Low Band Hitters – 62
200d SMA – 17001
50d SMA – 17621
20d SMA – 17912

Top Gainers and Losers

The top gainers were Power Grid (+2.41%), ONGC (+2.26%), ICICI Bank (+2.04%), Bharti Airtel (+1.85%), and Hero MotoCorp (+1.84%).

The top losers were HDFC Life (-1.01%), Grasim (-0.71%), Cipla (-0.59%), ITC (-0.49%), and UPL (-0.46%).

Sectors & Broader Indices

The top gainers were Oil & Gas (+0.73%), Auto (+0.64%), Financial Services (+0.59%), Metal (+0.47%), and Consumer Durables (+0.24%).

The top losers were Media (-0.20%), Realty (-0.11%), and FMCG (-0.02%).

The Nifty Midcap 50 was down by 0.04 percent, while the Nifty Small Cap 50 up by 0.05 percent.

SECTORS – NOTABLE ACTION
OIL & GAS +0.73%
AUTO +0.64%
FINANCIAL SERVICES +0.59%
MEDIA -0.20%
REALTY -0.11%
FMCG -0.02%

Daily Pivots

The Nifty trading range for tomorrow is 18310 to 18470.

Read previous -Daily Insights- here
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Nifty winning streak continues
Uncertainty and Volatility Persist

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