Stock Market Update: Top Gainers and Losers on September 18, 2024
Market Overview
On September 18, 2024, the Indian stock market witnessed a slight decline, with both major indices, the Sensex and Nifty, closing lower. The Sensex fell by 131.43 points, or 0.16%, settling at 83,079.66, while the Nifty index lost 41 points, or 0.16%, to finish at 25,418.55. This trading session was characterized by fluctuations, as the Nifty reached a peak of 25,482.2 and dipped to a low of 25,285.55. The Midcap index underperformed during the session, with the Nifty Midcap 50 closing down by 1.14%. Additionally, the Nifty Small Cap 100 reflected a negative trend, finishing at 19,465.55, down by 0.39 points.
Performance Metrics
The performance metrics for the Nifty index over various time frames are as follows:
- Last week: Up by 1.86%
- Last month: Up by 3.29%
- Last three months: Up by 7.74%
- Last six months: Up by 15.08%
- Last year: Up by 26.07%
Notable Gainers and Losers
Nifty 50 Highlights
Top Gainers:
- Shriram Finance: Up 4.38%
- Bajaj Finance: Up 3.61%
- Bajaj Finserv: Up 2.14%
- Nestle India: Up 1.97%
- ICICI Bank: Up 1.60%
Top Losers:
- Tata Consultancy Services: Down 3.54%
- HCL Technologies: Down 3.16%
- Infosys: Down 3.09%
- Tech Mahindra: Down 2.79%
- Wipro: Down 2.49%
Sensex Gainers and Losers
Top Gainers:
- Bajaj Finance: Up 3.65%
- Bajaj Finserv: Up 2.11%
- Nestle India: Up 1.61%
- ICICI Bank: Up 1.55%
- HDFC Bank: Up 1.54%
Top Losers:
- Tata Consultancy Services: Down 3.49%
- HCL Technologies: Down 3.15%
- Infosys: Down 3.09%
- Tech Mahindra: Down 2.79%
- Wipro: Down 2.64%
MidCap and SmallCap Highlights
Nifty MidCap 50
Top Gainers:
- Bandhan Bank
- Godrej Properties
- Aditya Birla Capital
- Federal Bank
- Dalmia Bharat
Top Losers:
- Oracle Financial Services Software
- Mphasis
- Persistent Systems
- L&T Technology Services
- Tube Investments of India
Nifty Small Cap 100
Top Gainers:
- Graphite India
- Radico Khaitan
- KEC International
- Central Depository Services India
- Himadri Specialty Chemical
Top Losers:
- RITES
- Glenmark Pharmaceuticals
- Cyient
- Century Textiles & Industries
- Birlasoft
BSE and NSE Insights
On the BSE, Graphite India emerged as the top gainer, rising by 9.57%, and Torrent Power followed with an 8.60% increase. Conversely, Oracle Financial Services Software was the biggest loser, declining by 8.31%.
From the NSE, Graphite India again topped the list of gainers, experiencing a 9.31% increase, while Oracle Financial Services Software reflected a significant loss of 8.31%.
Conclusion
The closing for today’s trading session indicates a cautious sentiment in the market. While some prominent stocks showed remarkable gains, major players in the technology sector faced substantial declines. Traders and investors continue to keep an eye on market trends as they navigate the fluctuating landscape of the stock market.
Stay updated with Smart Money Mindset for the latest market insights and updates.
Share this article:
