‹ All Posts
Capital Investo Research

29th Apr · SEBI-Registered Analyst

Market Wrap: Nifty Above 24,150; Sensex Gains ~600 Points, Auto & FMCG Lead

Market Wrap: Benchmark indices ended on a strong note, with the Nifty closing above 24,150 and the Sensex advancing around 600 points. Gains were primarily driven by buying interest in auto and FMCG stocks. Leading the upside were stocks like

MARUTI
,
COALINDIA
,
TECHM
, ITC, and
RELIANCE
. Meanwhile, pressure was seen in select counters such as
INDIGO
,
NTPC
, and
BAJAJFINSV
, which ended in the red. In the broader space, midcap stocks saw a slightly negative close, whereas smallcap stocks outperformed with gains of around 0.6%. On the sectoral front, performance remained mixed. Auto, FMCG, and real estate indices gained around 1% each. IT, infrastructure, oil & gas, and pharma sectors also edged higher with modest gains of around 0.5%. However, PSU banking, media, and consumer durables segments witnessed some selling pressure, declining between 0.5% and 1%, which limited the overall upside in the market. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

#Post-ClosingCommentary#MacroViews#Miscellaneous
1,186 likes·50 comments