Even though the Nifty had surged to 11,597 points in the morning it was unable to break the resistance at 11,600 points. From there, it fell to 13,472 points but rose again to 11,550 points.

Foreign investors continue to invest in the Indian market. At the same time, the continuing spread of COVID-19 in the United States and European countries, the possibility of implementing Brexit without an agreement with the European Union, and the continuing unresolved farmers’ demonstration are all factors that are adversely affecting the stock market.

Shares of metal and Public Sector banks are still high. ONGC was the biggest gainer among Nifty stocks. ONGC’s rise is mainly due to higher crude oil prices.

The Nifty Metal Index was up 1.38 per cent and the Nifty PSU Bank Index was up 1.77 per cent. At the same time, auto stocks fell.

The majority of Nifty stocks traded higher. Out of the 50 stocks in the Nifty, 31 stocks gained while 19 stocks lost. ONGC, L&T, Cipla, Coal India and IOC are the top five gainers in the Nifty closes above 13,550. ONGC, L&T, Cipla and Coal India gained over 4 per cent each.

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The Sensex closed at 44180.05 points and the Nifty closed at 12938.30 points. The Nifty was down about 130 points during the day. The day’s low was 12,819 points. The Nifty had gone up to 12,948 points during the day.

Auto and bank stocks were the major contributors to the day’s gains. The Nifty Bank Index was up 1.95 per cent and the Nifty Auto Index was up 3.10 per cent.

Mahindra & Mahindra, Tata Motors, Bajaj Finserv, L&T and IndusInd Bank were the top five gainers. Mahindra & Mahindra gained 10.65 per cent and Tata Motors gained 9.30 per cent. Shares of Bajaj Finserv, L&T and IndusInd Bank gained over 6 per cent.

Mahindra & Mahindra, Adani Ports, Eicher Motors, Hindalco, HDFC Bank, Kotak Mahindra Bank, Divis Lab, Grasim Industries, Ultratech Bank and HDFC Life were at the year’s highest during the day.

The majority of Nifty stocks traded higher. Of the 50 stocks in the Nifty, 26 gained while 24 lost. IT and pharma stocks fell. BPCL, Hindustan Unilever, Dr Reddy’s Laboratories, Titan and TCS were among the losers.

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After a one-day hiatus, the stock market is back on the uptrend on November 13. The Sensex was up 85 points and the Nifty 29 points. High-level booking of profits led the market to lower in the morning, but then rebounded.

The Sensex closed at 43,443 points and the Nifty closed at 12,720 points. The Nifty was down by 125 points during the day. The Nifty was down to 12,607 points. The Nifty had gone to by 12,735 points on November 13.

Metal and pharma stocks were the major contributors to the day’s gains. Banking stocks were strongly volatile.

The top five gainers were Eicher Motors, Bajaj Finserv, Coal India, Tata Steel and Divis Lab. Asher Motors rose 7.46 per cent. Shares of Bajaj Finserv, Coal India and Tata Steel gained over 3 per cent.

The majority of Nifty stocks traded higher on the day. Of the 50 stocks in the Nifty, 26 gained while 24 lost. Tata Motors, L&T, HDFC, HDFC Bank and UPL lost ground.

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The stock market is climbing to new heights. For the second day in a row, the stock market was seen setting a record. The Nifty and the Sensex hit all-time highs on November 9, and hit all-time highs on November 10.

The Nifty has climbed to 12,643 points. The Sensex closed at 43277.65 points and the Nifty closed at 12,631 points. The Sensex was up by 680 points and the Nifty by 170 points.

The Indian market today is a reflection of the progress made in the US market on November 9. Pfizer’s revelation that the COVID vaccine is 90 per cent effective has accelerated the stock market’s momentum. Reports on the Bihar election results had led to a slight fluctuation in the morning market. Later, the market rebounded as there were indications that the ruling NDA was moving towards a majority.

This is for the seventh day in a row that the market has advanced. Banking stocks, as in recent days, have been the major contributors to this move. The Nifty Bank Index was up 3.89 per cent. At the same time, IT and pharma stocks declined. The Nifty IT index was down 3.86 per cent and the Nifty Pharma index was down 4.33 per cent.

Shares of Bajaj Finance, IndusInd Bank, L&T, Bajaj Finserv, SBI and HDFC gained over 5 per cent.

The majority of Nifty stocks traded higher on the day. Out of the 50 stocks in the Nifty, 32 gained while 18 lost. Shares of the loss were strong. Tech Mahindra, Cipla, HCL Tech, Divis Lab and Nestle India were the top five losers in the Nifty. Tech Mahindra, Cipla and HCL Tech lost over 5 per cent.

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The stock market continued to fluctuate sharply. The morning trade started with a loss. Later, it moved towards gain but could not sustain it. The Sensex closed at 39,749 points. It was up to 40,010 points. The day’s was 39,524 points.

The Nifty had gained till 11,744 points but lost 58 points on strong volatility. The Nifty fell to 11,606 points and it had strong support at 11,600. Nifty closed at 11,670 points.

Most of the Nifty stocks lost ground. Out of the 50 stocks in the Nifty, 34 stocks lost while only 16 stocks gained. Asian Paints, Tech Mahindra, Ultratech Cement, Shree Cements and HCL Tech were the top five gainers in the Nifty. Asian Paints gained 3.02 per cent.

Banking, auto, pharma and metal stocks were under selling pressure. Only the IT sector has registered gains. L&T, Titan Industries, Adani Ports, ONGC and Axis Bank were the top five losers in the Nifty. L&T lost 4.85 per cent. Shares of Titan Industries, Adani Ports, ONGC and Axis Bank fell more than 2 per cent.

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The Sensex closed at 40,182 points. The day’s low was 40,062 points. It had surged to 40,468.88 points during trading. The Nifty rose above 11,800 points and closed at that level. The Nifty rose to 11,905 points during trading. It has since closed at 11,834. IT stocks led the surge on the day.

Most of the 50 stocks in the Nifty were gainers on the day. Twenty-eight stocks gained while 22 stocks lost. Wipro, Cipla, TCS, Ultratech Cement and Infosys were the top gainers. Wipro rose 7.34 per cent.

Gail, ONGC, ITC, Aysher Motors and L&T were the top five losers in the Nifty.

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The Sensex ended at 37,388 points. It had dropped to 36,730.52 points in the morning session but gained since then. The Nifty was back up above 11,000 points. Similarly, the Nifty closed at 11,050 points. The Nifty fell to 10,854 points in the morning session and advanced 200 points.

Most of the 50 stocks in the Nifty gained on the day. Forty-seven stocks gained while three stocks lost. Bajaj Finserv, HCL Tech, Cipla, Bharti Airtel and L&T were the top gainers on the day. Bajaj Finserv gained 6.60 per cent. Shares of HCL Tech, Cipla, Bharti Airtel, L&T, IndusInd Bank, Grasim Industries and Adani Ports gained over 4 per cent.

SBI Life, BPCL and UPL were the only three Nifty stocks to lose ground. Zee Ltd lost 6.60 per cent.

Auto and IT stocks were the top gainers on the day. The Nifty Auto Index gained 3.38 per cent and the Nifty IT Index gained 3.46 per cent. Bank, FMCG and pharma stocks also gained.

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This week saw the stock market trade within a certain range. The strong pressure on the Nifty at 11,377 points could not be overcome. On August 11, it touched this level but went down due to selling pressure. At the same time, the Nifty did not fall below 11,240 points. The Nifty traded within a tight range of 100-150 points. At the same time, there was a sharp fluctuation within this range.

The stock market was not affected by the stocks that led the market in the previous weeks. Last week, private banks and Reliance Industries led the market. At the same time, this week saw Reliance trading within a range. Shares of private banks were also seen selling. At the same time, investors were interested in buying shares of public sector banks. There was surge in L&T. This is a stock that did not have a significant share in the earlier market gains.

There was no significant reaction in the market to the news about COVID-19. The news that Russia has approved a vaccine of COVID-19 moved the market only for a day. The market also ignored news of an increase in the number of COVID-19 patients. The effects of the announcements made by the Reserve Bank of India last week did not continue this week.

The market is expected to move within a fixed range next week as well. Nifty will face pressure on 11,377. If it breaks through that point the next pressure level is at 11,550.  The market is supported at 11,000. If it plunges below that and goes down the next support is at 10,800. It is likely to trade between 11,000 and 11,377 next week. There must be some significant events if there needs to be any break through in this range. The availability of funds has kept the market afloat. The fluctuation is likely to continue next week.

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The Sensex closed at 38,212 points on August 10. The Sensex had gained over 38,430 points during trading. The Nifty closed at 11,270. It had touched 11,337 points during the trade. Profit booking did not allow the Nifty to remain above 11,300.

Pharma stocks were the main gainers on the day. Cipla’s quarterly results released on August 7 led to a rise in pharma stocks. Shares of Cipla rose 9.5 per cent on August 10.

Similarly, Nifty rose by 5.5 per cent on the day. Shares of Divis Lab, Cipla, Lupine, Sun Pharma, Aurobindo Pharma and Dr Reddy’s Lab all hit 52-week highs on August 10.

Automobile stocks also gained today. Cipla, Mahindra & Mahindra, L&T, Tata Motors and Sun Pharma were the top five gainers in the Nifty. Mahindra & Mahindra hit a 52-week high.

The top five losers in the Nifty were Eicher Motors, Asian Paints, Maruti, BPCL and Reliance Industries. Eicher Motors lost 2.19 per cent and Asian Paints 1.23 per cent.

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The surge in the stock market continued with the Sensex gaining 498 points and end the trade above 35,000. The Sensex rose till 35,467.23 points and closed at 35,414.45.
Nifty rose 127.95 points and closed at 10,430. During the day Nifty rose till 10,477.05Even though the index gained, 23 of the 50 share Nifty index registered losses during the day.
Banking and Finance shares energised the surge in the market. Axis Bank, HDFC, Bajaj Finserve, UPL and ITC were the five Nifty shares that registered the best gains on the day. Axis bank made a gain of more than 6%.
The Nifty Bank index rose 2.83 per cent. Bank of Baroda, PNB and Federal Bank gained over 4%. At the same time the performance of the Pharma shares was weak on the first day of the month. Except of Aurobindo Pharma all pharma shares were trading at a loss.
NTPC, Nestle India, L&T, Sree Cements and Cipla are the five Nifty shares that registered huge losses.

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