Market Wrap: Nifty and Sensex Close on a Positive Note, Gaining Nearly 0.5%
Indian stock markets ended positively with Nifty 50 and BSE Sensex gaining nearly 0.5%. Nifty 50 closed at 25,803.40 (+0.47%), while Sensex finished at 83,960.72 (+0.46%). However, market breadth was negative with 2,955 declining stocks versus 1,688 advancing out of 4,643 traded, indicating a mixed sentiment despite benchmark indices' gains.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets concluded the trading session on a positive note. Both benchmark indices, Nifty 50 and BSE Sensex, registered gains of nearly half a percent.
Key Index Performance
| Index | Closing Price | Change | % Change |
|---|---|---|---|
| Nifty 50 | 25,803.40 | +120.10 | +0.47% |
| BSE Sensex | 83,960.72 | +384.48 | +0.46% |
The Nifty 50 closed at 25,803.40, up by 120.10 points or 0.47% from its previous close. Similarly, the BSE Sensex ended the day at 83,960.72, gaining 384.48 points or 0.46%.
Market Breadth
The overall market breadth leaned towards the negative side:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,643 |
| Positive | 1,688 |
| Negative | 2,955 |
Out of the total 4,643 scrips traded, 1,688 advanced while 2,955 declined, indicating a bearish undertone despite the positive closing of the benchmark indices.
Conclusion
While the major indices closed in the green, the broader market sentiment appeared mixed, as reflected in the negative market breadth. Investors and traders should continue to monitor individual stock performances and sector-specific trends for a comprehensive market outlook.
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