Overview of the Indian Stock Market Data as of May 21, 2024, 15:30 IST

 BSE Indices Performance

S&P BSE SENSEX

Open: 73,842.96

High: 74,189.19

Low: 73,762.37

Current Value: 73,953.31

Previous Close: 74,005.94

Change: -52.63 points (-0.07%)

52 Week High: 75,124.28

52 Week Low: 61,484.66

Turnover: ₹667.54 Cr

% in Total Turnover: 9.06%

S&P BSE SENSEX 50

Open: 23,627.29

High: 23,754.59

Low: 23,600.45

Current Value: 23,687.03

Previous Close: 23,642.90

Change: 44.13 points (0.19%)

52 Week High: 23,922.60

52 Week Low: 19,101.31

Turnover: ₹1,240.65 Cr

% in Total Turnover: 16.83%

S&P BSE SENSEX Next 50

Open: 77,280.09

High: 77,382.51

Low: 76,906.20

Current Value: 77,325.41

Previous Close: 77,180.08

Change: 145.33 points (0.19%)

52 Week High: 77,382.51

52 Week Low: 49,617.02

Turnover: ₹607.32 Cr

% in Total Turnover: 8.24%

S&P BSE 100

Open: 23,802.20

High: 23,906.77

Low: 23,758.78

Current Value: 23,852.87

Previous Close: 23,808.33

Change: 44.54 points (0.19%)

52 Week High: 24,003.64

52 Week Low: 18,496.27

Turnover: ₹1,849.52 Cr

% in Total Turnover: 25.09%

 

NSE Indices Performance

NIFTY 50

Open: 22,404.55

High: 22,591.10

Low: 22,404.55

Current Value: 22,529.05

Change: 27.05 points (0.12%)

NIFTY NEXT 50

Current Value: 68,241.75

Change: 584.75 points (0.86%)

NIFTY MIDCAP SELECT

Current Value: 11,339.35

Change: 2.50 points (0.02%)

NIFTY BANK

Current Value: 48,048.20

Change: -151.30 points (-0.31%)

NIFTY FINANCIAL SERVICES

Current Value: 21,438.20

Change: -63.95 points (-0.30%)

 

Top Gainers (NIFTY 50)

HINDALCO

LTP: ₹692

% Change: 4.79%

Volume: 1,59,76,254

COALINDIA

LTP: ₹490.8

% Change: 4.49%

Volume: 2,73,55,463

TATASTEEL

LTP: ₹174

% Change: 3.63%

Volume: 8,48,21,789

JSWSTEEL

LTP: ₹922.25

% Change: 3.53%

Volume: 59,38,559

ADANIPORTS

LTP: ₹1382.55

% Change: 3.16%

Volume: 42,00,353

 

Top Losers (NIFTY 50)

NESTLEIND

LTP: ₹24,640

% Change: -1.61%

Volume: 12,87,450

HEROMOTOCO

LTP: ₹5,045

% Change: -1.27%

Volume: 4,80,486

MARUTI

LTP: ₹12,461.65

% Change: -1.10%

Volume: 4,43,071

INDUSINDBK

LTP: ₹1,402.8

% Change: -1.02%

Volume: 30,09,943

ICICIBANK

LTP: ₹1,119.2

% Change: -1.02%

Volume: 1,04,52,738

 

Analysis

Market Sentiment

The overall market sentiment appears to be mixed. While major indices like the S&P BSE SENSEX showed a minor decline, other indices such as the S&P BSE SENSEX 50, S&P BSE SENSEX Next 50, and S&P BSE 100 exhibited modest gains.

The NIFTY 50 index also demonstrated a slight upward movement with a 0.12% increase, indicating some level of optimism among investors.

The banking and financial sectors, represented by NIFTY BANK and NIFTY FINANCIAL SERVICES, experienced minor declines, suggesting a possible cautious stance among investors towards these sectors.

Top Performers

Metals and mining stocks led the gains with HINDALCO, COALINDIA, TATASTEEL, and JSWSTEEL showing significant positive changes. This could be attributed to favorable commodity prices or positive industry news.

ADANIPORTS also featured among the top gainers, which might be due to recent positive developments or strong earnings reports.

Top Underperformers

The top losers included NESTLEIND, HEROMOTOCO, MARUTI, INDUSINDBK, and ICICIBANK. These declines could be due to sector-specific challenges, profit-booking, or broader market dynamics impacting these stocks. 

Conclusion

On May 21, 2024, the Indian stock markets exhibited mixed performance with key indices showing both minor gains and losses. Metals and mining stocks were the standout performers, while some prominent banking and consumer goods stocks faced declines. This diverse performance underscores the varied sentiment across different sectors and highlights the dynamic nature of the market. Investors may need to stay informed about sector-specific trends and broader economic indicators to navigate the market effectively.