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Home / Tue 30 Apr 2024 Market Recap

Nifty closes at ₹22,604.84 with a slight dip, but Axis Bank & Ashok Leyland soar, setting new all-time highs. 4 Top Stocks To Watch For Tomorrow!

Nifty closes at ₹22,604.84 with a slight dip, but Axis Bank & Ashok Leyland soar, setting new all-time highs. 4 Top Stocks To Watch For Tomorrow!
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Top Indices Performance Overview

Stock Close Range
NIFTY 50 ₹22,604.84 (-0.18%) ₹22,568.4 – ₹22,783.34
NIFTY BANK ₹49,396.75 (-0.06%) ₹49,249.89 – ₹49,974.75
NIFTY FIN SERVICE ₹21,841.15 (0.13%) ₹21,779.19 – ₹22,073.69
NIFTY IT ₹33,212.05 (-1.1%) ₹33,146.75 – ₹33,688.5
NIFTY AUTO ₹22,488.44 (1.85%) ₹22,186.75 – ₹22,632.75
NIFTY ENERGY ₹40,355.3 (0%) ₹40,312.75 – ₹40,771.35

Nifty 50 Performance Overview

Nifty 50 faced volatility today, swinging between a low of ₹22,568.4 and a high of ₹22,783.34 before closing at ₹22,604.84, marking a slight decline of 0.18%.

Nifty 50 Top Gainers

Stock Close Range
Mahindra & Mahindra ₹2,156.35 (4.57%) ₹2,073.05 – ₹2169
Power Grid ₹302 (2.82%) ₹293.04 – ₹304.35
Hero MotoCorp ₹4,550.35 (2.07%) ₹4,465.04 – ₹4,587.25
Bajaj Auto ₹8,918.7 (1.81%) ₹8800 – ₹8,965.95
HDFC Life ₹584.29 (1.59%) ₹576.75 – ₹588.5

Nifty 50 Top Losers

Stock Close Range
Tech Mahindra ₹1,263.5 (-1.93%) ₹1,260.05 – ₹1,291.08
Dr Reddy Lab ₹6,193.6 (-1.65%) ₹6,189.04 – ₹6,310.75
JSW Steel ₹882.2 (-1.52%) ₹880.04 – ₹902.75
Tata Steel ₹165 (-1.43%) ₹164.5 – ₹168.39
HCL ₹1,367.9 (-1.41%) ₹1,362.84 – ₹1,397.8

Nifty 50 Stocks To Watch for Tomorrow

Axis Bank (Bullish Pattern)

  • Performance Overview: In the last 23 trading sessions, Axis Bank has closed in green 16 times and in red 7 times.
  • Recent Trend: Axis Bank has been on a 7-day green streak, without a single day closing in red since Thu 18 Apr 2024
  • Returns: Axis Bank gave a 13.03% returns in the last 23 trading sessions, that means your investment of ₹10,000 would have become ₹11,303
  • Financial Insight: Axis Bank reported a net profit of ₹6,519.5 Crore in 2023-Q3 Income Statement.
  • As of Tue 30 Apr 2024, Axis Bank has a Market Capital of ₹3,48,951.88 Crore.
  • Summary: Axis Bank exhibits a robust bullish pattern. Investors should monitor its price movements targets for both short-term and long-term growth prospects: Checkout Axis Bank Target for Tomorrow and Axis Bank Targets for 2024 & 2025.
Axis Bank Financial Performance
Metric Value Description
Revenue Growth
(Quarterly)
+110.1% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+20.31% Change in earnings compared to the same quarter last year.
Operating Margin 50.19% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 36.43% Net income as a percentage of revenue, after all expenses.
Debt-to-Equity
(D/E) Ratio
1.44 Company’s total debt divided by total shareholder equity.
Beta 0.88 Beta is less than 1 indicating that the Axis Bank’s price is less volatile than the market.

Apollo Hospitals (Bearish Pattern)

  • Performance Overview: In the last 23 trading sessions, Apollo Hospitals has closed in red 14 times and in green 9 times.
  • Recent Trend: Apollo Hospitals has been on a 3-day red streak, without a single day closing in green since Thu 25 Apr 2024
  • Returns: Apollo Hospitals gave a -7.01% returns in the last 23 trading sessions, that means your investment of ₹10,000 would have become ₹9,299
  • Financial Insight: Apollo Hospitals reported a net profit of 254.4 Crore in 2023-Q3 Income Statement.
  • As of Tue 30 Apr 2024, Axis Bank has a Market Capital of ₹89,989.27 Crore.
  • Summary: Apollo Hospitals is currently experiencing a bearish phase. We advise investors to keep a close watch, especially on Apollo Hospitals Target for Tomorrow and Apollo Hospitals Targets for 2024 & 2025.
Apollo Hospitals Financial Performance
Metric Value Description
Revenue Growth
(Quarterly)
+13.8% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+59.8% Change in earnings compared to the same quarter last year.
Operating Margin 9.2% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 4.28% Net income as a percentage of revenue, after all expenses.
Debt-to-Equity
(D/E) Ratio
71.08 Company’s total debt divided by total shareholder equity.
Beta 0.55 Beta is less than 1 indicating that the Apollo Hospitals’s price is less volatile than the market.

Nifty 500 Performance Overview

Get ready for the market scoop! The Nifty 500 kicked off the day at ₹21,052.9. It had its ups and downs, hitting a low of ₹20,972.65 and a high of ₹21,146.25. Finally, it closed at ₹20,987.94, marking a slight dip of -0.03%.

Stay tuned for the top performers and laggards that shaped today’s Nifty 500 movement.

Nifty 500 Top Gainers

Stock Close Range
Hitachi Energy ₹9,578.75 (10.53%) ₹8,695.95 – ₹9890
REC ₹509.29 (9.99%) ₹463.2 – ₹511.64
JM Financial ₹88.9 (9.07%) ₹82.3 – ₹90.35
Gillette India ₹6658 (7.26%) ₹6,340.14 – ₹6859
Kfin Technologies ₹749.95 (6.27%) ₹726.2 – ₹765.65

Nifty 500 Top Losers

Stock Close Range
Sun Pharma Advanced Research Company ₹232.3 (-4.99%) ₹232.3 – ₹232.3
Motilal Oswal Financial Services ₹2374 (-4.83%) ₹2,365.35 – ₹2,509.14
Indian Oil ₹168.85 (-4.47%) ₹167.85 – ₹179.8
Rossari Biotech ₹749.25 (-3.98%) ₹745 – ₹779
Birlasoft ₹650.25 (-3.63%) ₹649.09 – ₹690.15

Nifty 51 to 500 Stocks To Watch for Tomorrow

Ashok Leyland (Bullish Pattern)

  • Performance Overview: In the last 23 trading sessions, Ashok Leyland has closed in green 16 times and in red 7 times.
  • Recent Trend: Ashok Leyland has been on a 7-day green streak, with daily closes above the opening price since Fri 19 Apr 2024
  • Returns: Ashok Leyland gave a 15.15% returns in the last 23 trading sessions, meaning an investment of ₹10,000 would have grown to ₹11,515
  • Financial Insight: Ashok Leyland reported a net profit of ₹608.85 Crore in the 2023-Q3 Income Statement.
  • As of Tue 30 Apr 2024, Ashok Leyland has a Market Capital of ₹54,351.33 Crore.
  • Summary: Ashok Leyland exhibits a strong bullish pattern. Investors should monitor its price movements and consider it for both short-term and long-term growth prospects. Checkout Ashok Leyland Target for Tomorrow and Ashok Leyland Targets for 2024 & 2025.
Ashok Leyland Financial Performance
Metric Value Description
Revenue Growth
(Quarterly)
+6.7% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+75.59% Change in earnings compared to the same quarter last year.
Operating Margin 15.5% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 5.24% Net income as a percentage of revenue, after all expenses.
Debt-to-Equity
(D/E) Ratio
306.52 Company’s total debt divided by total shareholder equity.
Beta 0.86 Beta is less than 1 indicating that the Ashok Leyland’s price is less volatile than the market.

Aster Healthcare (Bearish Pattern)

  • Performance Overview: In the past 23 trading sessions, Aster Healthcare has closed in red 14 times and in green 9 times.
  • Recent Trend: Aster Healthcare has been on a 7-day red streak, continuously closing below the opening price since Thu 18 Apr 2024
  • Returns: Aster Healthcare gave a -21.47% returns in the last 23 trading sessions, meaning an investment of ₹10,000 would have dropped to ₹7,853
  • Financial Insight: Aster Healthcare reported a net profit of 209.22 Crore in the 2023-Q3 Income Statement.
  • As of Tue 30 Apr 2024, Ashok Leyland has a Market Capital of ₹17,865.74 Crore.
  • Summary: Aster Healthcare is currently in a bearish phase. Investors should closely monitor its price movements, especially Aster Healthcare Target for Tomorrow and Aster Healthcare Targets for 2024 & 2025.
Aster Healthcare Financial Performance
Metric Value Description
Revenue Growth
(Quarterly)
+16.2% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+28.6% Change in earnings compared to the same quarter last year.
Operating Margin 8.96% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 2.4% Net income as a percentage of revenue, after all expenses.
Debt-to-Equity
(D/E) Ratio
124.67 Company’s total debt divided by total shareholder equity.
Beta 0.6 Beta is less than 1 indicating that the Aster Healthcare’s price is less volatile than the market.

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
Apar Industries 7868.00 (+22.35%) 7980.79 (+1.66%) 7850.00 Wed 24 Apr 2024
Ashok Leyland 192.60 (+7.25%) 194.20 (+%) Thu 01 Jan 1970
Axis Bank 1163.15 (+3.9%) 1182.90 (+%) Thu 01 Jan 1970
Carborundum 1426.00 (-18.16%) 1499.00 (+10.25%) 1359.59 Wed 03 Apr 2024
Eicher Motors 4613.50 (+41.64%) 4689.95 (+2.58%) 4571.64 Wed 24 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
CMS Info Systems 415.89 (+0.69%) 434.00 (+%) Thu 01 Jan 1970
Concord Biotech 1654.00 (+3.55%) 1714.94 (+6.71%) 1607.00 Wed 10 Jan 2024
ELANTAS Beck India 11400.00 (+696.95%) 11700.00 (+17.11%) 9990.00 Mon 01 Apr 2024
Ingersoll Rand 3994.94 (+66.5%) 4055.00 (+0.86%) 4020.10 Thu 18 Apr 2024
Inox Wind Energy 7752.54 (+92.25%) 7999.00 (+9.36%) 7314.00 Tue 27 Feb 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
Aartech Solonics Ltd 241.00 (+11.45%) 241.00 (+%) Thu 01 Jan 1970
Aayush Food and Herbs 256.50 (+4.45%) 256.80 (+5.96%) 242.35 Thu 25 Apr 2024
ABIRAFN 57.60 (+2.74%) 57.60 (+15.73%) 49.77 Thu 25 Apr 2024
Archidply 134.00 (-7%) 142.19 (+%) Thu 01 Jan 1970
Auro Laboratories 231.10 (+17.3%) 235.30 (+12.2%) 209.70 Wed 24 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