In Thursday's trading session, the benchmark indices concluded the day on a positive note. The Sensex closed moderately higher by 0.51 percent at 70,865.10, while the Nifty surged by 0.5 percent closing at 21,255.05. The market volatility has decreased, indicating a more stable trading environment. Discover the top gainers in the market, including Nifty Media, Nifty Energy, Nifty PSU Bank, and Nifty Metal. Explore the performance of different sectors and the top gainers and losers in the Nifty 50. In the broader market, there is an optimistic sentiment with more stocks advancing than declining. Stay updated with the latest trends and developments in the stock market.
Positive Close for Benchmark Indices
The Sensex closed moderately higher by 0.51 percent at 70,865.10, while the Nifty surged by 0.5 percent closing at 21,255.05. This positive close indicates a favorable market sentiment.
The market volatility has decreased, as indicated by the decrease of 4.79 percent in India VIX. This suggests a more stable trading environment for investors.
Top Gainers in the Market
The top gainers in the market were Nifty Media, Nifty Energy, Nifty PSU Bank, and Nifty Metal. These sectors showed significant growth, contributing to the overall positive performance of the market.
In the Nifty 50, the top gainers were BPCL, Power Grid, and Britannia, while the top losing stocks were Bajaj Auto, Bajaj Finance, and Axis Bank. It is important to analyze the performance of different sectors and stocks to make informed investment decisions.
Optimistic Sentiment in the Broader Market
In the broader market, there was an optimistic sentiment with 1622 stocks advancing and 432 stocks declining. This indicates a positive trend in the market and potential opportunities for investors.
It is important to keep track of the performance of individual stocks. In the current trading session, the benchmark indices are trading marginally higher, with the Nifty Midcap and Nifty Smallcap experiencing notable gains. This shows that there are opportunities for growth beyond the large-cap stocks.
European Markets Heading for a Negative Open
The European markets are heading for a negative open, with European futures DAX and CAC trading lower by 0.53 percent and 0.46 percent respectively. However, FTSE is trading marginally higher by 0.06 percent.
It is important to consider the global market trends and their impact on the Indian stock market. Keep an eye on the performance of international markets to make informed investment decisions.
Positive Sentiment in the Broader Market
In the broader market, there is a positive sentiment with 1415 stocks advancing and 631 stocks declining. This indicates a favorable environment for investors.
It is important to analyze the performance of different sectors. The top gainers in the market are Nifty Energy, Nifty Media, and Nifty Metal, while the top losers are Nifty Realty, Nifty PSU Bank, and Nifty Auto. Understanding sector-wise performance can help investors identify potential opportunities.
Pre-Market Update: U.S. Stocks Conclude Lower
In the pre-market update, U.S. stocks concluded lower on Wednesday. The Dow Jones Industrial Average experienced a decline of 475.92 points, equivalent to 1.27 percent. The S&P 500 lost 70.02 points, or 1.47 percent, while the Nasdaq Composite dropped 225.28 points, or 1.5 percent.
It is important to keep track of global market trends as they can have an impact on the Indian stock market. Analyze the performance of international markets to make informed investment decisions.
Oil Prices Marginally Higher After Volatile Session
Oil prices concluded marginally higher after a volatile trading session on Wednesday. Brent crude futures settled at USD 79.70 per barrel, while US West Texas Intermediate crude settled at USD 74.22 per barrel.
Oil prices can have a significant impact on the stock market, especially on sectors such as energy. Stay updated with the latest trends in oil prices to make informed investment decisions.
Foreign Institutional Investors and Domestic Institutional Investors
On December 20, 2023, foreign institutional investors (FII) offloaded shares worth Rs 1,322.08 crore, while domestic institutional investors (DII) bought shares worth Rs 4,754.34 crore. Understanding the activity of institutional investors can provide insights into market trends.
Keep track of the activity of institutional investors as it can have an impact on the overall market sentiment. Analyze their buying and selling patterns to make informed investment decisions.
Stocks Banned for Trading in the F&O Segment
The stocks that are banned for trading in the F&O segment on December 21, 2023, are ASHOKLEY, BALRAMCHIN, DELTACORP, INDIACEM, INDUSTOWER, MANAPPURAM, NATIONALUM, PEL, RBLBANK, and SAIL. It is important to be aware of the stocks that are restricted for trading to avoid any potential risks.
Stay updated with the latest regulations and restrictions in the stock market. Ensure compliance with the trading rules and regulations to protect your investments.