Market Summary: Benchmarks close on a higher note and Nifty Bank is among the biggest gainers! | Top Vip News

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On Friday, the blue-chip indices concluded the trading day on a bullish note as Sensex closed moderately higher by 0.23 per cent and concluded at 71,595.49 level, while Nifty also rose by 0. 3 percent and closed at the level of 21,782.50.





Market update at 3:40 pm: On Friday, the blue-chip indices concluded the trading day on a bullish note as Sensex closed moderately higher by 0.23 per cent and concluded at 71,595.49 level, while Nifty also rose by 0. 3 percent and closed at the level of 21,782.50. Similarly, the broader market also saw a major decline as Nifty Midcap closed substantially lower by 1.34 per cent, while Nifty Smallcap plunged by 1.7 per cent.


Market volatility, as indicated by India’s VIX, has decreased by 3.22 percent, reflecting a decline in market volatility.


Nifty Bank, Nifty PSU Bank, Nifty Financial Services and Nifty Pharma were among the top gainers, while Nifty Metal, Nifty Energy, Nifty IT and Nifty Auto were among the top losers.


Grasim, SBI and Apollo Hospital were among the biggest gainers, while M&M, ONGC and Bharti Airtel were among the Nifty 50 losers.


Around 702 stocks rose as against 1,505 stocks fell, indicating a bearish sentiment in the overall market.


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Market update at 2:15 pm: In the current trading session, the benchmark indices are trading on a higher note – the Sensex is up 0.08 per cent, while the Nifty is up 0.12 per cent. Whereas, in the broader indices, Nifty Midcap plunged 1.52 per cent, while Nifty Smallcap plunged 1.87 per cent.


India VIX is currently trading slightly lower at 0.76 percent, indicating a slight decline in market volatility.


Nifty Bank, Nifty Pharma and Nifty FMCG are among the top gainers, while Nifty Metal, Nifty Realty and Nifty Energy are among the top losers.


Grasim, Apollo Hospitals and Sun Pharma are among the top gainers, while ONGC, M&M and Hindalco are among the Nifty 50 losers.


Around 598 stocks are rising versus 1,650 stocks that are falling, indicating negative sentiment in the overall market.



Market update at 12:35 pm: In the current trading session, the benchmark indices are trading on a higher note – the Sensex is marginally up 0.12 per cent, while the Nifty is up 0.13 per cent. While in the broader indices, Nifty Midcap plunged 1.45 per cent, while Nifty Smallcap plunged 1.71 per cent.


India VIX is currently trading slightly higher at 0.13 percent, indicating a slight increase in market volatility.


European stocks are headed for a mixed open on Friday as investors watch the latest batch of results and digest comments from policymakers on interest rates. European futures, DAX and FTSE are trading up 0.05 and 0.17 percent respectively, while the CAC is trading down 0.29 percent.


Nifty Bank, Nifty Pharma and Nifty FMCG are among the top gainers, while Nifty Metal, Nifty Media and Nifty Realty are among the top losers.


Grasim, Sun Pharma and ICICI Bank are among the top gainers, while ONGC, Coal India and Hindalco are among the Nifty 50 losers.


Around 536 stocks are rising versus 1,739 stocks that are falling, indicating negative sentiment in the overall market.



Market update at 11:10 am: In the ongoing trading session, the benchmark indices are trading on a negative note with Sensex trading down 0.16 and Nifty showing a decline of 0.3 per cent. Similarly, in the broader indices, Nifty Midcap saw a significant decline of 2.4 per cent, while Nifty Smallcap plunged 2.74 per cent.


India VIX is trading slightly higher at 1.37 per cent, indicating a slight increase in market volatility.


Notable gainers include Nifty Bank and Nifty FMCG, while Nifty Metal, Nifty Media and Nifty PSU Bank are among the top losers.


The top gainers in individual stocks are ICICI Bank, ITC and Sun Pharma, while Coal India, ONGC and BPCL are among the top losers in the Nifty 50.


The overall market sentiment has turned negative, with 313 stocks rising compared to 908 falling.



Market update at 9:40 am: On Friday, Indian markets started the trading day on a positive note with Sensex opening slightly higher by 0.04 per cent, while Nifty also opened higher by 0.01 per cent. While Nifty Midcap opened substantially lower by 0.97 percent, while Nifty Smallcap opened significantly lower by 1.21 percent.


India’s VIX has increased marginally by 0.73 per cent, indicating a slight increase in market volatility.


Nifty Bank, Nifty Pharma and Nifty PSU Bank are among the top gainers, while Nifty Metal, Nifty Media and Nifty Realty are among the top losers.


Grasim, Bajaj Finance and Hero Motocorp are among the top gainers, while BPCL, Hindalco and UPL are among the Nifty 50 losers.


Around 908 stocks are rising as against 1177 stocks falling, indicating positive sentiment in the overall market.



Pre-market update at 7:55 am: Wall Street’s primary indices rose on Thursday, with the S&P 500 approaching the important 5,000-point threshold, as investors responded to earnings updates, US employment data and gains seen in the dollar. US.


The Dow Jones Industrial Average rose 48.97 points, or 0.13 percent, to 38,726.33. Similarly, the S&P 500 advanced 2.85 points, or 0.06 percent, to 4,997.91, while the Nasdaq Composite rose 37.07 points, or 0.24 percent, closing at 15,793.72.


GIFT Nifty trends suggest a muted start for the benchmark indices, down 52.50 points or 0.24 per cent. Nifty futures were seen trading near the 21,758.50 level.


Oil prices rose more than 3 percent on Thursday amid escalating tensions in the Middle East, following Israel’s rejection of a Hamas ceasefire offer.


Brent futures jumped $2.42, or 3 percent, to settle at $81.36 a barrel, while U.S. West Texas Intermediate crude jumped $2.36, or 3.2 percent, to hit at $76.22. This increase pushed Brent above $80 a barrel and pushed WTI above $75 a barrel for the first time in February.


On February 8, 2024, Foreign Institutional Investors (FIIs) offloaded shares worth Rs 4,933.78 crore, while Domestic Institutional Investors (DIIs) bought shares worth Rs 5,512.32 crore.


The stocks banned from trading in the F&O segment on February 9, 2024 are ASHOKLEY, AUROPHARMA, BALRAMCHIN, BIOCON, DELTACORP, HINDCOPPER, INDIACEM, INDUSTOWER, NATIONALUM, PNB, SAIL and UPL.


































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