Delhi, September 26, 2023, today all the main Indices of equity market closed in slightly red. Nifty open flat with the gap down of 8 points due to the negative global cues coming from the US and other major countries. Whole day indices traded in a very narrow range of 61.90 points, indices closed at 19664.70 down by -9.85 points. Sensex also behave like nifty today not so much movement in the indices traded flat most of the session.
On the other hand, BankNifty indices looks weaker and more volatile than nifty. Bank indices trading range was 241.35-point, recorded days low 44532.45 and days high 44773.80.
Top gainers in Banking Indices
- IDFC first Bank
- AU Small Finance bank
- Federal Bank
Top losers in Banking Indices
- Bank of Baroda
- IndusInd Bank
- Kotak Mahindra Bank
Closing Level of main indices at the end session: –
- Nifty Bank 44624.20 (-141.90)
- Nifty50 19664.70(-9.85)
- Sensex 65945.47(-78.22)
These days global cues come negative frequently and FII’s are selling continually they have sold almost Rs.11,700 crores worth of shares in cash market in last six trading sessions but DIIs bought only Rs. 4,000 crores against their selling.
Date FII’s Selling DII’s Buying
26/09/2023 693.47 714.45
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 3 Performing industries in nifty is food and beverages, Automotive and conglomerates. On the other hands dragged by Services, chemicals and Technology shares.
Today best performing indices was FMCG, AUTO & commodities mainly and worst performing indices was media, PSU banks and IT sector.
On the contrary Small Cap continually outperforming other indices gained about 0.57%.
Top performer in small cap
- Cochin shipyard
- Bharat Dynamics
- KEI industries
Top Loser in small cap
- Sonata software
- Sequent scientific
- Stride pharma