Stock Market Today: Today, on August 14, 2024, the Indian stock market witnessed mixed trading. The Sensex rose by 150 points, while the Nifty saw marginal changes. Investors lost about ₹ 72,000 crore today, and the total market capitalization of BSE-listed companies declined to Rs 444.58 lakh crore.
Stock market condition
In today’s trading, the BSE Sensex closed at 79,105.88 with a gain of 149.85 points or 0.10 per cent. The NSE’s 50-share index, Nifty, closed at 24,143.75 with a marginal gain of 4.75 points or 0.02 per cent. However, the midcap and smallcap indices declined by about half a percent.
Stock market ups and downs
Today, the total market capitalization of companies listed on the BSE declined to Rs 444.58 lakh crore from Rs 445.30 lakh crore on the previous day. Thus, investors’ wealth declined by about Rs 72,000 crore.
Today’s major stocks
15 out of 30 Sensex stocks rose today. Tata Consultancy Services (TCS) was the biggest gainer, rising 2.29 per cent. It was followed by HCL Tech, Tech Mahindra, Infosys and Mahindra & Mahindra (M&M) stocks, rising 1.08 per cent to 2.09 per cent.
Sectoral performance
IT stocks rose strongly, especially with TCS, HCLTech and L&T Technology Services. On the other hand, metal, power, utility, pharma and banking sector indices declined.
Top Gainers and Top Losers
Top Gainers
- Tata Consultancy Services (TCS)
- HCL Tech
- Tech Mahindra
- Infosys
- Mahindra & Mahindra (M&M)
Top Losers
- UltraTech Cement
- JSW Steel
- Tata Steel
- Adani Ports
- Power Grid
Global Market Status
Following positive economic data from the US, US stock markets also saw a slight rise. This positive trend supported the rally in India’s IT sector, while other key sectors witnessed volatility.
Thus, today ended with mixed trends in the Indian stock market, where some sectors saw gains, while others declined.
Disclaimer: This information is provided for informational purposes only. Always seek expert advice before investing. 1tak.com does not advise anyone to invest money because investment in the market is subject to risks.