Where is the market headed?
End of a choppy week, and once again, the market sprang a surprise today.
Last evening, a narrative emerged from the White House stating that President Trump would decide in two weeks whether or not to attack Iran. This has been interpreted as at least a temporary reprieve—perhaps two or three weeks—leading to hopes that the possibility of war may be postponed for now. Oil prices, which had touched nearly $78 yesterday, also fell slightly, providing some relief.
It seems likely that some FII buying took place today. Overall, it turned out to be a pleasantly green day for the markets.
Market Overview
Nifty closed up 1.29% today—a very robust and strong move upward.
Nifty Next 50
Nifty Jr also saw a solid recovery, gaining 1.34% by the end of the session.
Nifty Mid and Small Cap
In the mid-cap space, there was a gain of 1.25%. While it didn’t fully recover all of yesterday’s losses, it was still a positive day for mid-caps.
Small caps also edged up, gaining 0.62%.
Bank Nifty
Bank Nifty also delivered a strong performance, rising 1.22%.
GOLD
Gold declined by 0.66% today, bringing the price down to ₹9,900 per gram.
Advance Decline Ratio
Advances were strong at 363, while declines stood at 138. This ratio remained reasonably steady throughout the session
Heat Maps
The Nifty heat map reflected strong momentum, with stalwart names like Reliance, Bharti, HDFC Bank, ICICI Bank, SBI, Mahindra & Mahindra, NTPC, Power Grid, and Nestle all moving up decisively. While Bajaj Auto and Hero Motocorp saw some losses, the rest of the index remained largely in the green.
In the Nifty Next 50 space, interest rate-sensitive names like PFC, REC, PSU banks, and real estate companies such as Lodha and DLF showed strength. Swiggy continued its exceptional rally, while long-dormant names like CG Power, D-Mart, Hyundai, and Indigo also surged. Siemens, Adani Power, and Shree Cement witnessed some profit booking.
Sectoral Overview
In today’s sectoral trends, the market showed strong breadth with no sector closing in the red. The Capital Market segment led the gains, up 2.84%, with BSE Limited rebounding sharply after recent weakness. Real estate surged 2% following a brief lull, while defence stocks rose 1.89% and infrastructure gained 1.7%. Central PSUs and PSU banks also performed well, rising around 1.65%. Although FMCG, MNCs, pharma, and IT stocks were the lowest gainers, they still ended in the green. Over the past month, capital markets, real estate, and defence have outperformed, while FMCG has been the weakest sector.
Sector of the Day
Nifty Capital Market
The sector of the day was clearly the Capital Market segment. Stocks like KFinTech, MCX, Nippon Life, CAMS, and Aditya Birla Sun, all performed notably well. The recent correction in this space appears to have played out, and the sector now seems poised for the next leg of its upward move. Momentum is returning, supported by broader market strength and investor confidence.
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