Home / Wed 24 Apr 2024 Market Recap
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
Show Table of Contents
Table of Contents
- 1: Top Indices Performance Overview
- 2: Nifty 50 Performance Overview
- 2.1: Nifty 50 Top Gainers
- 2.2: Nifty 50 Top Losers
- 2.3: Nifty 50 Stocks To Watch for Tomorrow
- 2.3.1: ➲ Axis Bank (Bullish Pattern)
- 2.3.2: ➲ Dr Reddy Lab (Bearish Pattern)
- 3: Nifty 500 Performance Overview
- 3.1: Nifty 500 Top Gainers
- 3.2: Nifty 500 Top Losers
- 3.3: Nifty 51 to 500 Stocks To Watch for Tomorrow
- 3.3.1: ➲ K.P.R. Mill (Bullish Pattern)
- 3.3.2: ➲ Oracle Financial Services Software (Bearish Pattern)
- 4: Top Stocks That Created a New All Time High Today
- 4.1: Top Large Cap Stocks That Created a New All Time High Today
- 4.2: Top Mid Cap Stocks That Created a New All Time High Today
- 4.3: Top Small Cap Stocks That Created a New All Time High Today
Top Indices Performance Overview
| Stock | Close | Range |
|---|---|---|
| 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
| Stock | Close | Range |
|---|---|---|
| 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
| Stock | Close | Range |
|---|---|---|
| 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
| Stock | Close | Range |
|---|---|---|
| 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
| Stock | Close | Range |
|---|---|---|
| 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| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| Aegis Logistics | 595.95 (+10.82%) | 610.00 (+10.11%) | 553.95 | Thu 18 Apr 2024 |
| Ambuja Cements | 646.54 (+1.57%) | 646.54 (+0.89%) | 640.79 | Thu 04 Apr 2024 |
| Apar Industries | 7812.50 (+1.95%) | 7850.00 (+1.18%) | 7758.00 | Tue 23 Apr 2024 |
| Bharti Airtel | 1340.00 (-0.18%) | 1353.80 (+0.2%) | 1351.00 | Tue 23 Apr 2024 |
| BSE | 3136.00 (-2%) | 3256.80 (+0.28%) | 3247.39 | Tue 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| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| ARE&M | 1133.94 (-1.54%) | 1204.40 (+0.36%) | 1200.00 | Mon 01 Apr 2024 |
| Arvind | 318.00 (-2.68%) | 337.29 (+1.35%) | 332.79 | Tue 23 Apr 2024 |
| Aurionpro Solutions | 2698.00 (+0.5%) | 2790.00 (+3.93%) | 2684.45 | Mon 01 Apr 2024 |
| Chennai Petroleum | 1071.50 (+15.43%) | 1098.15 (+5.96%) | 1036.30 | Mon 19 Feb 2024 |
| Data Patterns | 3069.00 (+6.24%) | 3208.94 (+4.18%) | 3080.00 | Mon 04 Mar 2024 |
Top Small Cap Stocks That Created a New All Time High Today
Companies with Market Capital less than 5,000 Crores| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| Aayush Food and Herbs | 237.60 (+1.99%) | 237.60 (+1.99%) | 232.95 | Mon 01 Apr 2024 |
| ABIRAFN | 47.40 (+4.98%) | 47.40 (+4.98%) | 45.15 | Mon 01 Apr 2024 |
| Ace Software Exports | 153.28 (+1.99%) | 153.28 (+1.99%) | 150.28 | Mon 01 Apr 2024 |
| Advait Infratech | 1613.00 (-2.99%) | 1745.00 (+4.95%) | 1662.60 | Mon 01 Apr 2024 |
| Ajmera Realty & Infra | 826.09 (-0.99%) | 878.00 (+1.73%) | 863.00 | Tue 09 Apr 2024 |
