Nifty closes above 17,800; Pharma, IT and auto sector stocks rally
Nifty closes above 17,800; Pharma, IT and auto sector stocks rally

Nifty closes above 17,800; Pharma, IT and auto sector stocks rally

Divis Lab, Eicher Motors and Bajaj-Auto are the top gainers while Power Grid, Nestle and NTPC were the top losers amongst Nifty 50 stocks.

Prasad Chavan Article rating: 4.8

Nifty closed around the day's high after filling the opening gap. It closed higher around 90 points or 0.51 per cent to close around the 17,812 level. BSE Sensex rallied more than 235 points and closed just below the important resistance of the downward-sloping trendline on the daily timeframe. Nifty Midcap 100 and Nifty Smallcap 100 rallied 0.65 per cent and 0.53 per cent, respectively. 

Domestic equity bourses close marginally higher; Realty and auto sector stocks rally for yet another session
Domestic equity bourses close marginally higher; Realty and auto sector stocks rally for yet another session

Domestic equity bourses close marginally higher; Realty and auto sector stocks rally for yet another session

Tata Motors, ONGC and GRASIM are the top gainers while Hindustan Unilever, Asian Paints and Bajaj Finance were the top losers amongst Nifty 50 stocks

Prasad Chavan Article rating: 3.8

Nifty opened with a slight gap-up and traded higher after some intraday consolidation. In the afternoon session, it witnessed a profit booking and touched its previous falling trend line on the daily time frame. Nifty closed higher around 24 points or 0.14 per cent to close around the 17,624 level. S&P BSE Sensex also closed flat with a rise of 13 points. Nifty Mid-cap 100 and Nifty Small-cap 100 rallied 0.38 per cent and 0.28 per cent respectively.  

Nifty closed at 17600 levels; Real estate stocks emerged as star performers
Nifty closed at 17600 levels; Real estate stocks emerged as star performers

Nifty closed at 17600 levels; Real estate stocks emerged as star performers

NBFC stocks rallied after the dovish commentary of RBI governor. Sectors like Realty and Auto also showed decent strength.   

Prasad Chavan Article rating: 5.0

Nifty closed around the day's high by rallying 42 points or 0.24 per cent to close around 17,600 level on the weekly expiry day.  S&P BSE Sensex also closed around the day’s high with rise more than 143 points. Nifty Midcap 100 rallied 0.64 per cent after 2 days’ consolidation and Nifty Small cap 100 rallied 0.78 per cent.   

Indices closed around day’s high; HDFC twins and ITC pulled the markets
Indices closed around day’s high; HDFC twins and ITC pulled the markets

Indices closed around day’s high; HDFC twins and ITC pulled the markets

L&T, ITC, HDFC and HDFC Bank are the top gainers while Eicher Motors, M&M and IndusInd Bank were the top losers amongst Nifty 50 stocks.   

Prasad Chavan Article rating: 3.8

Nifty traded higher and closed around the day's high by rallying 159 points or 0.91 per cent to close around 17,557 level. S&P BSE Sensex also closed around the day’s high with more than 600 points rise. Nifty Midcap 100 consolidated in a small range throughout the day while Nifty Small cap 100 rallied 0.72 per cent.   

Indices closed on a mixed note; Banks and Auto sector stocks are the top gainers
Indices closed on a mixed note; Banks and Auto sector stocks are the top gainers

Indices closed on a mixed note; Banks and Auto sector stocks are the top gainers

Hero Motocorp, Coal India and Bajaj Auto were the top gainers while BPCL, ITC and Infosys were the top losers amongst Nifty 50 stocks.    

Prasad Chavan Article rating: 5.0

Nifty closed 38 points or 0.22 per cent above from previous close after sharp profit booking of morning session and closed around 17,398 level. S&P BSE Sensex closed around the day’s high with a rise of 152 points. Nifty Midcap 100 and Nifty Small cap 100 soared 0.44 per cent and 0.74 per cent respectively.   

Indices witnessed strong follow up buying; IT, Banks and Realty sector stocks led the rally
Indices witnessed strong follow up buying; IT, Banks and Realty sector stocks led the rally

Indices witnessed strong follow up buying; IT, Banks and Realty sector stocks led the rally

Index heavy weight stocks like Reliance, Nestle, Infosys and ICICI Bank were the top gainers amongst Nifty 50 stocks.    

Prasad Chavan Article rating: 5.0

Nifty closed around the day’s high with one way up move from the first candle of the trading session. NSE Nifty 50 rallied 279 points or 1.63 per cent to close at 17,359.75 level, while S&P BSE Sensex closed around the day’s high with a rise of more than 950 points. Nifty Midcap 100 and Nifty Small cap 100 soared 0.87 per cent and 1.61 per cent respectively.   

Short covering takes Nifty above 17,000 level; all sectors ended in green
Short covering takes Nifty above 17,000 level; all sectors ended in green

Short covering takes Nifty above 17,000 level; all sectors ended in green

Adani ports, Hero Motocorp and Shree Cement are the top gainers while UPL and Bharti Airtel were the top losers amongst Nifty 50 stocks

Prasad Chavan Article rating: 5.0

Nifty closed around the day’s high amidst volatility on monthly expiry trading session. NSE Nifty 50 rallied more than 129 points or 0.76 per cent to close at 17,080.70 level, while S&P BSE Sensex also closed higher with rise of more than 400 points. Nifty Midcap 100 and Nifty Small cap 100 soared 1.54 per cent and 1.73 per cent respectively.         

 

Nifty closes below 17,000 level; Adani group stocks hit lower circuit, IT slips
Nifty closes below 17,000 level; Adani group stocks hit lower circuit, IT slips

Nifty closes below 17,000 level; Adani group stocks hit lower circuit, IT slips

Before monthly expiry, markets closed around day’s low, just above the important support level

Prasad Chavan Article rating: 5.0

After gap up opening, Indices fell sharply to touch yesterday’s low in the first half of the session and consolidated in a smaller range for the rest of the day. Now it closed again just above the important support level protected by the bulls. Small-cap along with Adani group stocks dragged the most to close around days low. NSE Nifty 50 closed down around 34 points or 0.20 per cent at 16,951.70 level,

Bulls lost strength in the afternoon session; Midcap and Small cap stocks dragged the markets
Bulls lost strength in the afternoon session; Midcap and Small cap stocks dragged the markets

Bulls lost strength in the afternoon session; Midcap and Small cap stocks dragged the markets

Pharma sector showed relative strength compared to other sectors in today’s session. Meanwhile, Realty and Media remained weak for the day.

Prasad Chavan Article rating: 5.0

After gap up opening, indices showed strength in the first half session and here Bears came in action and dragged the markets down to close around opening levels. NSE Nifty 50 managed to close in green, around 40 points or 0.24 per cent at 16,985.70 level, while S&P BSE Sensex also closed below the opening levels around the drop of 126 points. Nifty Midcap 100 and Nifty Small cap 100 dropped 0.47 per cent and 1.59 per cent respectively.     

DSIJ MINDSHARE

Mkt Commentary9-Oct, 2024

Multibaggers9-Oct, 2024

Multibaggers9-Oct, 2024

Multibaggers9-Oct, 2024

Mindshare9-Oct, 2024

Knowledge

General20-Sep, 2024

General19-Sep, 2024

Technical18-Sep, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR