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 Commentary23-Apr, 2024

Penny Stocks23-Apr, 2024

Dividend23-Apr, 2024

Penny Stocks23-Apr, 2024

Penny Stocks23-Apr, 2024

Knowledge

Fundamental21-Apr, 2024

General21-Apr, 2024

Technical19-Apr, 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