Market Commentary Quick Review News Details
Local stocks finished marginally higher, NIFTY up 0.98%
(06-Oct-26 16:30)
The key domestic indices ended slightly higher. Nifty Chemicals, Nifty Pharma and Nifty Private Bank shares advanced, while Nifty IT and Nifty Realty shares retreated.
As per provisional closing data, the barometer index, the S&P BSE Sensex, rose 685.34 points or 0.95% to 73,067.81. The Nifty 50 index increased by 220.35 points or 0.98% to 22,776.10. In the past three trading sessions, the Nifty and Sensex moved higher by 0.69% and 0.81%, respectively.
The broader market performed worse than frontline indices. The BSE 150 MidCap Index climbed 1.23% and the BSE 250 SmallCap Index gained 1.38%.
The market breadth was positive. On the BSE, 3306 shares advanced and 1853 shares fell. A total of 241 shares were unchanged.
Kotak Mahindra Bank Ltd was the top traded stock in NIFTY50 index today, recording a quantity of 400.22 lakh shares and registered a sharp increase of 11.91% compared to last one-week’s average daily volume. The stock has eased 1.45% in last one-month and has declined 3.08% over last one year.
Eternal Ltd was the second highest traded stock in NIFTY50 index today, recording a quantity of 270.76 lakh shares and posted a sharp drop of 3.29% compared to last one-week’s average daily volume. The stock remained flat in last one-month and has dropped sharply 4.27% over last one year.
Index action
The Nifty Chemicals index rose by 1.98% to 28541.15 today. The index has retreated by 2.46% in last one week and has lost 6.59% over last one month. It slipped by 4.10% in last one year. Deepak Fertilisers & Petrochemicals Corp Ltd (up 6.77%), Deepak Nitrite Ltd (up 4.25%), Gujarat Fluorochemicals Ltd (up 3.33%), Navin Fluorine International Ltd (up 3.19%) and Solar Industries India Ltd (up 2.72%) jumped.
The Nifty Pharma index advanced by 1.66% to 26549.6 today. The index has fallen by 2.41% in last one week and has inched lower by 2.09% over last one month. It is sharply higher by around 19.91% in last one year. Wockhardt Ltd (up 5.47%), Laurus Labs Ltd (up 3.99%), Divis Laboratories Ltd (up 3.85%), Gland Pharma Ltd (up 3.25%) and Sai Life Sciences Ltd (up 3.10%) gained.
The Nifty IT index inched down by 0.59% to 28136.05 today. The index is marginally higher by 0.77% in last one week and has shed 5.65% over last one month. It is sharply lower by around 18.49% in last one year. Tech Mahindra Ltd (down 2.04%), LTM Ltd (down 0.97%), Tata Consultancy Services Ltd (down 0.68%), Infosys Ltd (down 0.65%) and Wipro Ltd (down 0.19%) traded lower.
The Nifty Realty index eased by 0.27% to 837.45 today. The index has eased by 1.32% in last one week and has declined 5.92% over last one month. It is down around 4.81% in last one year. Phoenix Mills Ltd (down 2.66%), DLF Ltd (down 1.03%), Sobha Ltd (down 0.63%), Brigade Enterprises Ltd (down 0.44%) and Aditya Birla Real Estate Ltd (down 0.42%) went down.
The Nifty Private Bank index rose for a third session in a row today. Kotak Mahindra Bank Ltd (up 3.82%), IndusInd Bank Ltd (up 2.20%), Axis Bank Ltd (up 2.11%), HDFC Bank Ltd (up 0.94%) and ICICI Bank Ltd (up 0.81%) traded higher.
