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    Benchmark indices surge while Nifty Smallcap soars over 1 per cent!
















    In the current trading session benchmark indices trade on a higher note with the Sensex trading higher by 0.38 per cent, while Nifty surged by 0.35 per cent.





    Market Update at 2:10 PM: In the current trading session benchmark indices trade on a higher note with the Sensex trading higher by 0.38 per cent, while Nifty surged by 0.35 per cent. Similarly, in the broader indices Nifty Midcap has surged by 0.34 per cent, while Nifty Smallcap has soared by 1.1 per cent.


    India VIX is currently trading higher by 1.17 per cent and is trading around the level of 12 indicating slight increase in market volatility.


    Within the sectoral landscape, Nifty Realty, Nifty Bank and Nifty IT are among the top gainers while Nifty Media, Nifty Pharma and Nifty Metal are among the major sectors which are underperforming.


    Power Grid Corporation, Wipro and Shriram Finance are among the top gainers while Maruti, Dr Reddy’s Laboratories and Tata Steel are among the top losing stocks from the Nifty 50.


    About 1346 stocks are advancing as against 961 stocks that are declining, thus indicating a positive sentiment in the broader market.


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    Market Update at 12:30 PM: In the current trading session benchmark indices trade on a positive note as Sensex has moderately gained by 0.27 per cent, while Nifty has surged by 0.25 per cent. Similarly, in the broader indices Nifty Midcap has soared by 0.43 per cent, while Nifty Smallcap has gained by 0.98 per cent.


    India VIX is trading slightly higher by 1.77 per cent around the mark of 13 indicating slight increase in market volatility.


    European stocks are expected to open higher on Tuesday after a mixed start to the trading week. European futures DAX, CAC and FTSE trade higher by 0.62 per cent, 0.68 per cent and 0.41 per cent respectively.


    Within the sectoral landscape Nifty Realty, Nifty IT and Nifty Bank are among the top gainers while Nifty Pharma, Nifty Media and Nifty FMCG are among the top losers.


    Wipro, Power Grid Corporation and Shriram Finance are among the top gainers within the Nifty 50 while, Maruti, Ultratech Cement and Divi’s Laboratories are among the top losers.


    About 1318 stocks are advancing as against to 982 stocks that are declining, thus indicating a positive sentiment in the broader market.


     


    Market Update at 11:11 AM: In the ongoing trading session, Benchmark indices are trading on a higher note with Sensex trading higher by 0.36 per cent, while Nifty gained by 0.35 per cent. Similarly, in the broader indices Nifty Midcap experience significant gains of 0.43 per cent, while Nifty Smallcap has surged by 0.98 per cent.


    India VIX is has marginally gained by 1.64 per cent and is trading around the mark of 13, indicating slight increase in market volatility.


    Within the sectoral landscape, Nifty Realty, Nifty IT and Nifty Energy are among the top gainers while Nifty Pharma and Nifty Media are among the top losers.


    Top gainers in individual stocks are Wipro, Power Grid Corporation and Shriram Finance whereas Maruti, Divi’s Laboratories and Dr Reddy’s Laboratories are among the top losers in the Nifty 50.


    The broader market sentiment is positive, with 1345 stocks advancing compared to 940 stocks declining.


     


    Market Update at 9:40 AM: On Tuesday, Indian markets started the first trading day of the week on a positive note with the Sensex and Nifty moderately surging and making record highs, while in the broader indices, Nifty Midcap 100 and Nifty Smallcap 100 also recorded fresh highs. Furthermore, Nifty Realty was among the top gainers while Nifty Pharma was the biggest loser.


    Sensex is trading moderately higher with a gain of 0.3 per cent after making a new all-time high of 77,326.25 level, while Nifty is also trading higher by 0.34 per cent and made a record high of 23,573.85 level.  Similarly, in the broader indices Nifty Midcap opened higher with a gain of 0.32 per cent and recorded a new high of 55,451.80 level, while Nifty Smallcap has also soared by 0.71 per cent, making a new all-time high of 18,214.40 level.


    India VIX has surged by 4.31 per cent and is trading around the mark of 13, indicating slight increase in market volatility.


    Within the sectoral landscape Nifty Realty, Nifty Auto and Nifty IT were among the top gainers while Nifty Pharma is the only major sector which is trading negatively.


    Wipro, Titan and M&M are among the top gainers within the Nifty 50 while, Maruti, Dr Reddy’s Laboratories and Apollo Hospitals are among the top losers.


    About 1464 stocks are advancing as against to 743 stocks that are declining, thus indicating a positive sentiment in the broader market.


     


    Pre-Market Update at 8:30 AM: The S&P 500 and Nasdaq achieved record closing highs on Monday as technology stocks surged, fuelled by enthusiasm for artificial intelligence. This comes ahead of this week’s economic data releases and speeches from Federal Reserve officials, which may provide insights into monetary policy.


    The Dow Jones Industrial Average increased by 188.94 points, or 0.49%, reaching 38,778.10. The S&P 500 rose by 41.63 points, or 0.77%, to 5,473.23, while the Nasdaq Composite gained 168.14 points, or 0.95%, to close at 17,857.02.


    Meanwhile, the yield on the US 10-year Treasury note declined by 41 basis points to 4.26%, and the yield on the US 2-year bond decreased by 40 basis points to 4.74%.


    The GIFT Nifty indicates a slightly negative start for the Indian Benchmark indices, with a slight decline of 0.12 per cent or 29 points. Nifty futures are currently trading near the 23,457.10 mark.


    Oil prices edged higher in early trading on Tuesday, continuing their upward trend from the previous session, driven by a stronger demand outlook and investor optimism that OPEC might halt or reverse plans to increase supply in the fourth quarter.


    Global benchmark Brent crude futures rose by 21 cents, or 0.25%, to $84.46 per barrel. Meanwhile, U.S. West Texas Intermediate crude futures increased by 16 cents, or 0.2%, to $80.49 per barrel.


    On June 14, 2024, foreign institutional investors (FII) purchased shares worth Rs 2,175.86 crore, while domestic institutional investors (DII) bought shares worth Rs 655.76 crore.


    Stocks that are banned for trading in the F&O segment on June 18, 2024, are BALRAMCHIN, GMRINFRA, HINDCOPPER, INDIACEM, SAIL and SUNTV.




































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