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24 Apr 2024 Market Recap: Nifty Closes at ₹22,402.4 with a Moderate Gain; Axis Bank and K.P.R. Mill Show Bullish Patterns

24 Apr 2024 Market Recap: Nifty Closes at ₹22,402.4 with a Moderate Gain; Axis Bank and K.P.R. Mill Show Bullish Patterns
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Top Indices Performance Overview

StockCloseRange
NIFTY 50₹22,402.4 (0.15%)₹22384 – ₹22,476.44
NIFTY BANK₹48189 (0.45%)₹48,028.69 – ₹48,246.19
NIFTY FIN SERVICE₹21,442.59 (0.5%)₹21,361.3 – ₹21,481.65
NIFTY IT₹33,490.8 (-0.67%)₹33,394.1 – ₹33,819.25
NIFTY AUTO₹21,882.34 (-0.15%)₹21,870.25 – ₹22,023.15
NIFTY ENERGY₹39,559.8 (0.28%)₹39498 – ₹39,769.6

Nifty 50 Performance Overview

The Nifty 50 kicked off the day at ₹22,421.55, navigating a volatile session.

The index dipped to a low of ₹22,384 and peaked at ₹22,476.44 before finally settling at ₹22,402.4, marking a moderate (+0.15%) gain.

Stay tuned for updates on the key movers that shaped today’s Nifty 50 movement.

Nifty 50 Top Gainers

StockCloseRange
Hindalco₹636.09 (3.97%)₹608.7 – ₹637.65
Cipla₹1,399.5 (3.92%)₹1,355.8 – ₹1,401.4
JSW Steel₹882.7 (3.68%)₹850 – ₹886
Tata Steel₹165.55 (2.74%)₹161.44 – ₹166.89
Power Grid₹290.39 (1.76%)₹284.39 – ₹291.85

Nifty 50 Top Losers

StockCloseRange
Tata Consumer Products₹1,110.15 (-5.39%)₹1104 – ₹1,137.69
GRASIM₹2,337.75 (-1.37%)₹2333 – ₹2,384.3
Tech Mahindra₹1,185.69 (-1.22%)₹1,181.5 – ₹1,207.94
HDFC Life₹594.2 (-1.16%)₹593 – ₹601.09
Bajaj Auto₹8694 (-1.16%)₹8,680.09 – ₹8869

Nifty 50 Stocks To Watch for Tomorrow

Axis Bank (Bullish Pattern)

  • Performance Overview: Axis Bank has closed in green 13 times and red 10 times over the past 23 trading sessions.
  • Recent Trend: Axis Bank has had a 3-day green streak, with no red days since Thu 18 Apr 2024.
  • Returns: Axis Bank has given 0.89% returns over the past 23 trading sessions. An investment of ₹10,000 would now be ₹10,088.99.
  • Financial Insight: Axis Bank reported a net profit of ₹6,519.5 Crore in the 2023-Q3 Income Statement.
  • Market Cap: As of Wed 24 Apr 2024, Axis Bank has a Market Capital of ₹3,30,320.96 Crore.
  • Summary: Axis Bank is exhibiting a strong bullish pattern. Investors can consider checking out Axis Bank Target for Tomorrow and Axis Bank Targets for 2024 & 2025 for potential short-term and long-term growth prospects.

Dr Reddy Lab (Bearish Pattern)

  • Performance Overview: Over the past 23 trading sessions, Dr Reddy Lab has closed in red 15 times and green 8 times.
  • Recent Trend: Dr Reddy Lab is currently on a 2-day red streak, without any green days since Mon 22 Apr 2024.
  • Returns: Dr Reddy Lab has given a -6.07% return over the past 23 trading sessions. An investment of ₹10,000 would now be ₹9,393.
  • Financial Insight: Dr Reddy Lab reported a net profit of ₹1,378.9 Crore in the 2023-Q3 Income Statement.
  • Market Cap: As of Wed 24 Apr 2024, Dr Reddy Lab has a Market Capital of ₹99,244.6 Crore.
  • Summary: Dr Reddy Lab is currently showing signs of a bearish trend. Investors are advised to watch the stock closely, especially Dr Reddy Lab Target for Tomorrow and Dr Reddy Lab Targets for 2024 & 2025 for updates on potential short-term and long-term price movements.

Nifty 500 Performance Overview

The Nifty 500 commenced trading at ₹20,723.18, oscillating between ₹20,710.18 and ₹20,772.55 throughout the session. It culminated at ₹20,730.65, marking a (+0.37%) gain.

Contributors to the Nifty 500’s movement included gainers and losers.

Nifty 500 Top Gainers

StockCloseRange
Aegis Logistics₹595.95 (10.82%)₹518.65 – ₹610
Mangalore Refinery & Petrochemicals₹248.7 (10.75%)₹225.1 – ₹253.7
Deepak Fertilisers₹608.4 (9.8%)₹555.84 – ₹629.79
United Breweries₹2,030.94 (9.17%)₹1,855.09 – ₹2,046.19
Steel Authority of India₹164.64 (8.13%)₹151.55 – ₹165.95

Nifty 500 Top Losers

StockCloseRange
Vodafone Idea₹13.1 (-9.03%)₹13 – ₹13.95
Tata Consumer Products₹1,110.15 (-5.39%)₹1104 – ₹1,137.69
Sun Pharma Advanced Research Company₹285.14 (-5%)₹285.14 – ₹285.14
TATA ELXSI₹7,030.14 (-4.94%)₹7 – ₹7,247.29
MCX of India₹3,839.44 (-4.55%)₹3,713.3 – ₹3,913.3

Nifty 51 to 500 Stocks To Watch for Tomorrow

K.P.R. Mill (Bullish Pattern)

  • Performance Overview: In the last 23 trading sessions, K.P.R. Mill has closed in green 13 times and in red 10 times.
  • Recent Trend: K.P.R. Mill has been on a 7-day green streak, without a single day closing in red since Wed 10 Apr 2024.
  • Returns: K.P.R. Mill gave a 14.39% returns in the last 23 trading sessions, that means your investment of ₹10,000 would have become ₹11,439
  • Financial Insight: K.P.R. Mill reported a net profit of ₹187.06 Crore in 2023-Q3 Income Statement.
  • As of Tue 23 Apr 2024, K.P.R. Mill has a Market Capital of ₹29,478.19 Crore.
  • Summary: K.P.R. Mill exhibits a robust bullish pattern. Investors should monitor its price movements targets for both short-term and long-term growth prospects: Checkout K.P.R. Mill Target for Tomorrow and K.P.R. Mill Targets for 2024 & 2025.

Oracle Financial Services Software (Bearish Pattern)

  • Performance Overview: In the last 23 trading sessions, Oracle Financial Services Software has closed in red 17 times and in green 6 times.
  • Recent Trend: Oracle Financial Services Software has been on a 12-day red streak, without a single day closing in green since Wed 03 Apr 2024.
  • Returns: Oracle Financial Services Software gave a -13.52% returns in the last 23 trading sessions, that means your investment of ₹10,000 would have become ₹8,648
  • Financial Insight: Oracle Financial Services Software reported a net profit of 740.81 Crore in 2023-Q3 Income Statement.
  • As of Tue 23 Apr 2024, Oracle Financial Services Software has a Market Capital of ₹63,820.43 Crore.
  • Summary: Oracle Financial Services Software is currently experiencing a bearish phase. We advise investors to keep a close watch, especially on Oracle Financial Services Software Target for Tomorrow and Oracle Financial Services Software Targets for 2024 & 2025.

Top Stocks That Created a New All Time High Today

Top Large Cap Stocks That Created a New All Time High Today

Companies with Market Capital more than 20,000 Crores
StockCloseNew All-Time High (ATH)Previous ATHPrevious ATH Date
Aegis Logistics595.95 (+10.82%)610.00 (+10.11%)553.95Thu 18 Apr 2024
Ambuja Cements646.54 (+1.57%)646.54 (+0.89%)640.79Thu 04 Apr 2024
Apar Industries7812.50 (+1.95%)7850.00 (+1.18%)7758.00Tue 23 Apr 2024
Bharti Airtel1340.00 (-0.18%)1353.80 (+0.2%)1351.00Tue 23 Apr 2024
BSE3136.00 (-2%)3256.80 (+0.28%)3247.39Tue 23 Apr 2024

Top Mid Cap Stocks That Created a New All Time High Today

Companies with Market Capital between 5,000 Crores to 20,000 Crores
StockCloseNew All-Time High (ATH)Previous ATHPrevious ATH Date
ARE&M1133.94 (-1.54%)1204.40 (+0.36%)1200.00Mon 01 Apr 2024
Arvind318.00 (-2.68%)337.29 (+1.35%)332.79Tue 23 Apr 2024
Aurionpro Solutions2698.00 (+0.5%)2790.00 (+3.93%)2684.45Mon 01 Apr 2024
Chennai Petroleum1071.50 (+15.43%)1098.15 (+5.96%)1036.30Mon 19 Feb 2024
Data Patterns3069.00 (+6.24%)3208.94 (+4.18%)3080.00Mon 04 Mar 2024

Top Small Cap Stocks That Created a New All Time High Today

Companies with Market Capital less than 5,000 Crores
StockCloseNew All-Time High (ATH)Previous ATHPrevious ATH Date
Aayush Food and Herbs237.60 (+1.99%)237.60 (+1.99%)232.95Mon 01 Apr 2024
ABIRAFN47.40 (+4.98%)47.40 (+4.98%)45.15Mon 01 Apr 2024
Ace Software Exports153.28 (+1.99%)153.28 (+1.99%)150.28Mon 01 Apr 2024
Advait Infratech1613.00 (-2.99%)1745.00 (+4.95%)1662.60Mon 01 Apr 2024
Ajmera Realty & Infra826.09 (-0.99%)878.00 (+1.73%)863.00Tue 09 Apr 2024

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter