Everyday Market Watch: Tracking Nifty50 and stock market

Delhi, September 25, 2023, On Monday morning nifty50 does not give any surprise after the weekend, Nifty opening and closing levels were almost the same. Nifty closes at 19674.55. Today indices traded in a narrow range off 133.00 points. Days high was 19734.15 and low was 19601.55, In morning session nifty fell 80 points at a time but after that it shows great recovery and touched the highest point of the day, and around 13:40 nifty sees sharp decline of almost 100 points, and in last it shows some recovery and closed flat in green.

Sensex also traded flat and closed almost the same level just 14.54 point above yesterday’s closing. Nifty bank was the most volatile indices today and show the swing of almost 536.00 point during the day & closed in green at 44766.10 level.

Closing Level at the end session: –

- Nifty Bank 44,766.10 (+154.02)
- Nifty50 19674.55(+0.30)
- Sensex 66,023.60(+14.54)

These days global cues come negative frequently and FII’s are selling continually they have sold almost Rs.11,000 crores worth of shares in cash market in last five trading sessions but DIIs bought only Rs. 3,400 crores against their selling.

Date FII’s Selling DII’s Buying

25/09/2023 2333.03 1579.28

22/09/2023 1326.74 801.27

21/09/2023 3007.36 1158.14

20/09/2023 3110.69 -573.02

18/09/2023 1236.51 552.55

The main Performing sectors in nifty is Chemical sector, Services, and banking/finance. Nifty’s dragging sector is Technology, Pharma, and Oil & Gas. Today Bajaj twins shows good run due to the news of Bajaj finance QIP, Bajaj twins was top gainers in nifty also.

Today Nifty IT was the main dragger falls most among all the sectorial indices, followed by Media, and Pharma sector, Top performing indices was reality sector, Fin service, and Cons. Durable sector.