Stock market closed flat, understand the stock market move in the last 1 month

Today again the market has created its new peak

The Indian stock market index Sensex and Nifty closed flat on January 12 after a slight change. The market remained close to the previous day’s levels amidst considerable volatility. After opening with a bounce in the morning, it had reached the red mark at the time of market. Both benchmark indices also gained their new highs from the bounce.

The NSE Nifty 50 index gained only 1 point on Wednesday, while the BSE index Sensex fell by 25 points.

The big things of the business of 13 January

• At the time of closing the market, 25 stocks of the Nifty 50 remained in the red zone, while in the 30 Sensex stocks of 14 companies registered a boom.
• GAIL, Adani Ports, Grasim, ICICI Bank, Infosys, Wipro, HCL Tech, HDFC Bank, HDFC, Mahindra & Mahindra and Cipla shares saw good buying. These shares then reached their new 52-week high.
• The Nifty Midcap 100 and Smallcap 100 indices closed in the red mark on 13 January. The Nifty Midcap weakened 0.60% while the Smallcap index saw a fall of 0.18%.
• On Wednesday, Mahindra & Mahindra saw a surge of over 6% in the Nifty, while HDFC declined by 3%.
• The Nifty Bank Index climbed for the second consecutive day in the Financial Stability Report of the RBI on January 11, despite concerns about banks’ NPAs.
• The Volatility Index Wix (VIX) saw a surge of 1.93% on Wednesday after which it has reached 23.29.

Market Movement
Nifty

• Open – 14,639.80
• Close – 14,564.85
• Change – (+0.01)
• High – 14,653.35
• Lo- 14,435.70

Sensex

• Open – 49,763.93
• Close – 49,492.32
• Variations – (-0.05%)
• High- 49,795.19
• Lo- 49,073.85

What was the reason for the flat market

The market has reached new heights continuously after a rapid increase in the last days. In such a situation, lack of major changes in trade can be considered an attempt to adapt at this stage of the market. Most of the trade in the market was stock and sector based. In recent times, foreign institutional investors have made a big investment in the Indian market, which has given the market strength.

Which sector did how well?

On January 12, the Nifty Bank and Auto index closed up about 0.80% in the trade. Similarly, FMCG and metal sectors have also seen a jump of 0.38%. While the Nifty IT index remained steady after a change of + 0.08%, the Financial Services and Pharma indices closed in the red mark at 0.56% and 0.92%. On Wednesday, the Nifty Realty index fell 0.31%, while the energy sector rose by 0.58%.

 seen the fastest in these stocks

Mahindra & Mahindra (+ 6.22%)
Adani Ports (+ 4.97%)
SBI (+ 4.89%)
IOC (+ 3.06%)
NTPC (2.40 +%)

These shares of Nifty-50 broke

HDFC (-2.79%)
Bajaj Finance (-2.76%)
Shree Cement (-2.53%)
UPL ( -1.95 %)
Bajaj Finserv (-1.85%)

Stocks that are most active

While Bharti Airtel, Tata Motors and SBI were the three most active stocks in the Nifty 50 by value on Wednesday, Tata Motors, Bharti Airtel and SBI stocks dominated by volume.

What are the signs for next

The stock market is trading at a rapid pace as expected by the experts and rating agencies. The market can easily touch new heights with large FII investments and strong sentiments. However, investors should also be careful to sell at such a high level. With the good results in the third quarter, the market is expected to maintain its shine, in the long term, budget, covid control and economy will be the key factors.