Market Updates: Sensex and Nifty Show Marginal Increase of 0.05% and 0.11% Respectively

Market Update: Sensex and Nifty Close with Gains

In today’s trading session, the Sensex and Nifty showed a positive trend, with the Sensex gaining 0.12 per cent and the Nifty rising by 0.19 per cent. This upward movement was also reflected in the Nifty Midcap, which saw a 0.34 per cent increase, and the Nifty Smallcap, which demonstrated a more substantial rise of 0.54 per cent.

The India VIX, a measure of market volatility, experienced a decline of 1.45 per cent, indicating a reduction in market uncertainty. Among the sectors, Nifty Realty, Nifty Metal, and Nifty Media emerged as the top gainers, showcasing their strong performance during the trading session. On the other hand, Nifty PSU Bank, Nifty FMCG, and Nifty Pharma sectors witnessed a dip, emerging as the top losers within their respective domains.

Individual stock movements also played a significant role in today’s market dynamics, with Jio Financial Services, Hindalco, and UPL showing noteworthy gains, while Bharti Airtel, Hindustan Unilever, and Axis Bank faced setbacks among the Nifty 50 constituents.

Overall, the market sentiment was predominantly positive, with approximately 1168 stocks on the rise compared to 810 declining stocks. This broader market sentiment indicates optimism among investors and shapes the overall market outlook for the day.