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I) The market saw Nifty open at 23,586, reaching a high of 23,624 and a low of 23,442, before closing at 23,567, marking a positive gain of 51 points.
II) Bank Nifty opened at 51712 and reached a high of 51842 before dropping to a low of 51281, finally closing at 51783. The market recorded a positive movement of +385 points for the day.
III) Fin Nifty opened at 23065 and reached a high of 23068 before dipping to a low of 22818, ultimately closing at 23035. The market registered a positive gain of +91 points for the day.
IV) Nifty Mid Select opened at 12035 and peaked at 12156 before declining to a low of 11993, eventually closing at 12139. The market showed a positive gain of +135 points for the day.
The image shows that in the market, 1234 stocks are advancing while 669 stocks are declining on the NSE.
In the market, fertilizer stocks such as FACT, RCF, GSFC, Deepak Fert, Chambal, and others surged up to 20% due to the MSP hike, while CE Info Tech jumped as brokerage houses turned bullish and set aggressive high targets.
PNB Housing Fin falls 5% as 13.6 mn shares changed hands on NSE.
The image shows sectoral performance in the market, with Construction, Metals, and PVT Banks leading gains, while the Pharma and Automobile sectors are the biggest laggards.
C.E. Infotech shares surged over 20% in a single day after brokerage houses issued bullish reports and set aggressive high targets for the stock.
