The Indian stock market witnessed a steady upward trend for the fifth consecutive session on August 1, with both the Sensex and Nifty closing in positive territory. The Sensex rose by 126.21 points, or 0.15%, to close at 81,867.55, while the Nifty gained 59.70 points, or 0.24%, ending the day at 25,010.90. Despite the gains, market breadth was negative with 1,237 shares advancing, 2,181 shares declining, and 78 shares remaining unchanged.
Among the top gainers on the Nifty were Coal India, Power Grid Corporation, Shriram Finance, Dr. Reddy’s Laboratories, and ONGC. These stocks showed resilience amidst a mixed trading session. On the other hand, M&M, Hero MotoCorp, Tata Steel, Bajaj Finserv, and SBI were the top losers, weighing down the indices.
Sector-wise performance was mixed, with auto, capital goods, IT, media, telecom, PSU Bank, and realty sectors experiencing losses ranging from 0.5 to 2%. However, the metal, oil & gas, power, and energy sectors saw buying interest, supporting the overall market.
The BSE midcap and smallcap indices faced a tougher trading session, both shedding nearly 1%, indicating some profit booking in broader markets.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.