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Mon 08 Apr 2024 Market Recap: Eicher Motors jumps 3.96%, Divis Lab creates a 7-day green streak & More

Mon 08 Apr 2024 Market Recap: Eicher Motors jumps 3.96%, Divis Lab creates a 7-day green streak & More
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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

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. Connect on linkedin