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Analyzing the Indian Stock Market: NIFTY 50, NIFTY NEXT 50, and NIFTY MIDCAP 100

 Analyzing the Indian Stock Market: NIFTY 50, NIFTY NEXT 50, and NIFTY MIDCAP 100

Disclaimer: This report is for informational purposes only and does not recommend any buying or selling of stocks.



The Indian stock market witnessed intriguing movements today (29-09-2023) across major indices. Let's delve into the highlights of the day:


NIFTY 50 Overview:

Opening: 19581.20

Closing: 19638.30

Change: +114.75 points (0.59%)

Day's Range: 19551.05 - 19726.25

The NIFTY 50 index displayed a modest yet positive trend, opening at 19581.20 and closing at 19638.30, marking an increase of 0.59%. The index experienced a range between 19551.05 and 19726.25 throughout the trading session.


NIFTY NEXT 50 Overview:

Opening: 44739.55

Closing: 45036.65

Change: +487.85 points (1.10%)

Day's Range: 44672.65 - 45163.70

The NIFTY NEXT 50 index showed a more significant upswing, opening at 44739.55 and closing at 45036.65, reflecting a rise of 1.10%. The index fluctuated between 44672.65 (low) and 45163.70 (high).


NIFTY MIDCAP 100 Overview:

Opening: 40273.90

Closing: 40537.05

Change: +433.00 points (1.08%)

Day's Range: 40165.50 - 40663.25

The NIFTY MIDCAP 100 index also demonstrated a positive movement, starting at 40273.90 and concluding at 40537.05, indicating an increase of 1.08%. The index oscillated between 40165.50 (low) and 40663.25 (high).


Top Gainers (Nifty 50):


HINDALCO:

Opening: 478.00

Closing: 493.00

Gain: +26.15 points

Percent Change: 5.60%


NTPC:

Opening: 239.55

Closing: 246.00

Gain: +8.95 points

Percent Change: 3.78%

Top Losers (Nifty 50):


ADANIENT:

Opening: 2462.05

Closing: 2416.00

Loss: -59.25 points

Percent Change: -2.39%


LTIM:

Opening: 5265.00

Closing: 5205.00

Loss: -59.90 points

Percent Change: -1.14%


Top Gainers (Nifty Next 50):


VEDL:

Opening: 210.00

Closing: 222.65

Gain: +14.30 points

Percent Change: 6.86%


TORNTPHARM:

Opening: 1864.55

Closing: 1927.00

Gain: +63.40 points

Percent Change: 3.40%

Top Losers (Nifty Next 50):


ADANIGREEN:

Opening: 1005.05

Closing: 989.40

Loss: -23.05 points

Percent Change: -2.28%


ADANIENSOL:

Opening: 825.05

Closing: 811.80

Loss: -18.70 points

Percent Change: -2.25%

Top Gainers (Nifty Midcap 100):


L&TFH:

Opening: 127.10

Closing: 133.25

Gain: +6.60 points

Percent Change: 5.21%


SUNTV:

Opening: 581.25

Closing: 610.00

Gain: +30.20 points

Percent Change: 5.21%


Top Losers (Nifty Midcap 100):


NAVINFLUOR:

Opening: 4000.00

Closing: 3764.00

Loss: -593.65 points

Percent Change: -13.62%


TIINDIA:

Opening: 3040.00

Closing: 2985.00

Loss: -118.80 points

Percent Change: -3.83%

Spotlight: Notable Stock Movements


AXISBANK: 

Opening: 1030.90

Closing: 1036.85

Change: +5.95 points

Percent Change: 0.58%

Day's Range: 1024.50 - 1041.00


APOLLOHOSP:

Opening: 5054.00

Closing: 5144.95

Change: +124.85 points

Percent Change: 2.49%

Day's Range: 5026.60 - 5186.95


SUNPHARMA:

Opening: 1134.30

Closing: 1159.55

Change: +27.25 points

Percent Change: 2.41%

Day's Range: 1134.30 - 1167.40


CANBK:

Opening: 376.95

Closing: 376.90

Change: +2.35 points

Percent Change: 0.63%

Day's Range: 372.50 - 379.55


ASTRAL:

Opening: 1910.00

Closing: 1916.00

Change: +17.50 points

Percent Change: 0.92%

Day's Range: 1893.00 - 1919.90


BALKRISIND:

Opening: 2532.50

Closing: 2557.45

Change: +12.75 points

Percent Change: 0.50%

Day's Range: 2517.80 - 2568.75


Please note that this report is for informational purposes only and does not recommend any buying or selling of stocks. Always perform your own research or consult with a financial advisor before making investment decisions.

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