Home / Mon 08 Apr 2024 Market Recap
Mon 08 Apr 2024 Market Recap: Eicher Motors jumps 3.96%, Divis Lab creates a 7-day green streak & More
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: ➲ Divis Lab (Bullish Pattern)
- 2.3.2: ➲ Sun Pharma (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: ➲ Thermax (Bullish Pattern)
- 3.3.2: ➲ Kaynes Technology (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 | ₹22,659.09 (0.64%) | ₹22,555.09 – ₹22,696.05 |
| NIFTY BANK | ₹48,565.75 (0.14%) | ₹48,429.3 – ₹48716 |
| NIFTY FIN SERVICE | ₹21,597.09 (0.18%) | ₹21,554.59 – ₹21,668.69 |
| NIFTY IT | ₹35,026.6 (-0.63%) | ₹35,020.19 – ₹35,424.94 |
| NIFTY AUTO | ₹22,060.19 (2.12%) | ₹21,643.69 – ₹22,102.05 |
| NIFTY ENERGY | ₹39,972.19 (1.31%) | ₹39652 – ₹40,024.14 |
Nifty 50 Performance Overview
The Nifty 50 opened the day at ₹22,573.25. Throughout the session, it experienced fluctuations, hitting a low of ₹22,555.09 and reaching a high of ₹22,696.05, before finally settling at a close of ₹22,659.09 (+0.64%).
Lets take a look at the top gainers and losers stocks that influenced the today’s Nifty 50 movement.
Nifty 50 Top Gainers
| Stock | Close | Range |
|---|---|---|
| Eicher Motors | ₹4191 (3.96%) | ₹4,011.6 – ₹4,300.79 |
| Maruti Suzuki | ₹12,835.04 (3.32%) | ₹12450 – ₹12,926.95 |
| Mahindra & Mahindra | ₹2080 (3.31%) | ₹2020 – ₹2087 |
| NTPC | ₹365.75 (3.16%) | ₹353.25 – ₹365.75 |
| JSW Steel | ₹876.95 (2.31%) | ₹860.29 – ₹877.59 |
Nifty 50 Top Losers
| Stock | Close | Range |
|---|---|---|
| Adani Ports | ₹1353 (-1.64%) | ₹1338 – ₹1,381.94 |
| Nestle India | ₹2,499.89 (-1.49%) | ₹2493 – ₹2546 |
| Apollo Hospitals | ₹6,316.7 (-1.27%) | ₹6280 – ₹6,389.79 |
| UPL | ₹488.14 (-1.26%) | ₹483.14 – ₹500.54 |
| WIPRO | ₹480.25 (-0.99%) | ₹478.2 – ₹490.2 |
Nifty 50 Stocks To Watch for Tomorrow
➲ Divis Lab (Bullish Pattern)
- Performance Overview: In the last 23 trading sessions, Divis Lab has closed in green 14 times and in red 9 times.
- Recent Trend: Divis Lab has been on a 7-day green streak, without a single day closing in red since Wed 27 Mar 2024.
- Returns: Divis Lab gave a 7.8% returns in the last 23 trading sessions, that means your investment of ₹10,000 would have become ₹10780
- Financial Insight: Divis Lab reported a net profit of ₹358 Crore in 2023-Q3 Income Statement.
- As of Mon 08 Apr 2024, Divis Lab has a Market Capital of ₹101882 Crore.
- Summary: Divis Lab exhibits a robust bullish pattern. Investors should monitor its price movements targets for both short-term and long-term growth prospects: Checkout Divis Lab Target for Tomorrow and Divis Lab Targets for 2024 & 2025.
➲ Sun Pharma (Bearish Pattern)
- Performance Overview: In the last 23 trading sessions, Sun Pharma has closed in red 12 times and in green 11 times.
- Recent Trend: Sun Pharma has been on a 5-day red streak, without a single day closing in green since Mon 01 Apr 2024.
- Returns: Sun Pharma gave a 3.16% returns in the last 23 trading sessions, that means your investment of ₹10,000 would have become ₹10316
- Financial Insight: Sun Pharma reported a net profit of 2,560.54 Crore in 2023-Q3 Income Statement.
- As of Mon 08 Apr 2024, Divis Lab has a Market Capital of ₹3,84,487.3 Crore.
- Summary: Sun Pharma is currently experiencing a bearish phase. We advise investors to keep a close watch, especially on Sun Pharma Target for Tomorrow and Sun Pharma Targets for 2024 & 2025.
Nifty 500 Performance Overview
The Nifty 500 opened the day at ₹20,805.09. Throughout the session, it experienced fluctuations, hitting a low of ₹20,769.09 and reaching a high of ₹20,865.93, before finally settling at a close of ₹20,818.3 (+0.49%).
Lets take a look at the top gainers and losers stocks that influenced the today’s Nifty 500 movement.
Nifty 500 Top Gainers
| Stock | Close | Range |
|---|---|---|
| Exide | ₹375.85 (16.77%) | ₹321 – ₹383.5 |
| Info Edge – Naukri | ₹6215 (9.52%) | ₹5830 – ₹6,242.1 |
| PNC Infratech | ₹464.14 (8.01%) | ₹432.79 – ₹467.89 |
| Sundaram Finance | ₹4,584.7 (6.71%) | ₹4,280.29 – ₹4675 |
| NYKAA | ₹179.25 (6.41%) | ₹171.5 – ₹181.14 |
Nifty 500 Top Losers
| Stock | Close | Range |
|---|---|---|
| Bandhan Bank | ₹185.25 (-6.14%) | ₹179.75 – ₹189.25 |
| Great Eastern Shipping | ₹984.9 (-5.4%) | ₹981 – ₹1055 |
| Kaynes Technology | ₹2,519.89 (-4.82%) | ₹2,509.85 – ₹2674 |
| REC | ₹453.79 (-3.78%) | ₹452.7 – ₹474 |
| Granules India | ₹438.64 (-3.07%) | ₹438.2 – ₹451.64 |
Nifty 51 to 500 Stocks To Watch for Tomorrow
➲ Thermax (Bullish Pattern)
- Performance Overview: In the last 23 trading sessions, Thermax has closed in green 16 times and in red 6 times.
- Recent Trend: Thermax has been on a 12-day green streak, without a single day closing in red since Tue 19 Mar 2024.
- Returns: Thermax gave a 24.1% returns in the last 23 trading sessions, that means your investment of ₹10,000 would have become ₹12410
- Financial Insight: Thermax reported a net profit of ₹237.06 Crore in 2023-Q3 Income Statement.
- As of Mon 08 Apr 2024, Thermax has a Market Capital of ₹51,225.08 Crore.
- Summary: Thermax exhibits a robust bullish pattern. Investors should monitor its price movements targets for both short-term and long-term growth prospects: Checkout Thermax Target for Tomorrow and Thermax Targets for 2024 & 2025.
➲ Kaynes Technology (Bearish Pattern)
- Performance Overview: In the last 23 trading sessions, Kaynes Technology has closed in red 15 times and in green 8 times.
- Recent Trend: Kaynes Technology has been on a 6-day red streak, without a single day closing in green since Thu 28 Mar 2024.
- Returns: Kaynes Technology gave a -17.19% returns in the last 23 trading sessions, that means your investment of ₹10,000 would have become ₹8281
- Financial Insight: Kaynes Technology reported a net profit of 45.19 Crore in 2023-Q3 Income Statement.
- As of Mon 08 Apr 2024, Thermax has a Market Capital of ₹15,204.79 Crore.
- Summary: Kaynes Technology is currently experiencing a bearish phase. We advise investors to keep a close watch, especially on Kaynes Technology Target for Tomorrow and Kaynes Technology 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 |
|---|---|---|---|---|
| Aster Healthcare | 483.60 (+5.87%) | 499.54 (+0.73%) | 495.90 | Wed 28 Feb 2024 |
| Bosch | 31039.05 (+0.79%) | 31396.00 (+0.78%) | 31150.00 | Wed 27 Mar 2024 |
| DCB Bank | 1545.50 (+1113.1%) | 1557.05 (+0.07%) | 1555.85 | Fri 01 Dec 2023 |
| Eicher Motors | 4191.00 (+3.96%) | 4300.79 (+2.39%) | 4200.00 | Mon 04 Dec 2023 |
| Exide | 375.85 (+16.77%) | 383.50 (+8.33%) | 354.00 | Mon 05 Feb 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 |
|---|---|---|---|---|
| Century Textile | 1740.19 (+4.21%) | 1774.90 (+2.87%) | 1725.30 | Tue 02 Apr 2024 |
| Dynamatic Technologies | 8988.00 (+9.4%) | 9066.15 (+6.67%) | 8499.00 | Tue 02 Apr 2024 |
| eMudhra | 750.84 (-0.71%) | 843.59 (+1.21%) | 833.50 | Fri 22 Mar 2024 |
| Epigral | 1358.94 (+0.63%) | 1399.09 (+0.02%) | 1398.80 | Thu 04 Apr 2024 |
| H.G. Infra Engineering | 1069.69 (+0.54%) | 1123.94 (+2.28%) | 1098.85 | Tue 02 Apr 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 |
|---|---|---|---|---|
| Abans Holdings | 405.04 (+19.99%) | 405.04 (+13.93%) | 355.50 | Mon 15 Jan 2024 |
| Arvee Laboratories | 253.50 (+20%) | 253.50 (+20%) | 211.25 | Fri 05 Apr 2024 |
| D. P. Abhushan | 933.00 (+1.56%) | 946.90 (+0.73%) | 940.00 | Fri 05 Apr 2024 |
| Eimco Elecon | 1828.00 (-1.39%) | 1918.00 (+0.94%) | 1900.00 | Fri 05 Apr 2024 |
| Genesys International | 710.00 (-0.86%) | 737.59 (+1.77%) | 724.70 | Fri 05 Apr 2024 |
