Indian Markets Close Strong: Sensex Rises 0.73% Amid Positive Sentiment

It looks like you’re providing a comprehensive update on the Indian stock market’s performance, including benchmark indices, sector performances, and insights into market sentiment. Here’s a summary of the key points:

Market Overview:

  • Benchmark Indices:
    • Sensex: Closed up by 0.73% at 81,973.05.
    • Nifty: Closed up by 0.66% at 25,127.95.
    • Nifty Midcap: Closed up by 0.45% at 59,476.25.
    • Nifty Smallcap: Closed up by 0.41% at 19,087.45.

Market Sentiment:

  • Market Volatility: India VIX fell by 1.66%, trading at 13.00.
  • Advancing vs. Declining Stocks: 1,223 stocks advanced compared to 1,135 that declined, indicating a positive market sentiment.

Sector Performance:

  • Top Gainers: Nifty Realty, Nifty Bank, Nifty IT.
  • Underperforming Sectors: Nifty Media and Nifty Metal.
  • Top Gainers in Nifty 50: WIPRO, TECHM, HDFCLIFE.
  • Top Losers: ONGC, MARUTI, TATASTEEL.

Intraday Updates:

  • 11:30 AM:
    • Sensex is up 0.68%; Nifty is up 0.61%.
    • Broader market: Nifty Midcap flat; Nifty Smallcap up 0.10%.
    • Advancing stocks: 1,230, Declining: 1,117.
  • 9:20 AM:
    • Sensex is up 0.35%; Nifty is up 0.31%.
    • India’s VIX rose by 2.19% to 13.51.
    • Broader market sentiment remains positive.

Global Context:

  • U.S. Market Performance: S&P 500 and Dow reached record highs, driven by strong bank earnings.
  • Oil Prices: Brent crude at $77.92, WTI at $74.49, following weak Chinese inflation data.

Foreign Institutional Activity:

  • FII: Sold shares worth Rs 4,162 crore.
  • DII: Bought shares worth Rs 3,730 crore.

Stocks Banned for Trading:

  • Stocks banned for trading in the F&O segment on October 14, 2024: CHAMBLFERT, GNFC, GRANULES, HINDCOPPER, IDFCFIRSTB, MANAPPURAM, PNB, RBLBANK, SAIL.

This overview provides a clear picture of the market’s current state and highlights the sectors and stocks driving the momentum. If you need further analysis or have specific questions about this data, feel free to ask!

Disclaimer: The information provided in this market update is for informational purposes only and should not be considered financial advice. Past performance is not indicative of future results. Investing in the stock market involves risks, including the loss of principal. Readers are encouraged to conduct their research and consult with a qualified financial advisor before making any investment decisions. The author or publisher of this update does not accept any responsibility for any losses incurred based on the information provided.


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