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Share Market Today: Nifty Slides at 23653.55 and Sensex Drops by 0.66%: Nifty Bank Trading at 1.01% Loss
Today’s share market sees a slight decline in the price of stocks of both the Indian indices as both indices have dropped by approximately 0.68% from the Friday closing value. The SENSEX opened at a slightly lower than the closing price of 78699 and the NIFTY opened at 23796.90 which is also slightly less than the previous day's closing value of 23813.40.
Out of 50 companies, 40 of them, are making a loss of up to 3% only 9 making a maximum of 1% profit and only 1 made a above 5% surge in its stock price in the Indian Stock Market.
The NIFTY Bank has also been trading low at 54.55 points down making it to 51,197 which is around a 0.22% drop from the previous closing of 51,311.30.
Admits the slight losses in the indices, some of the stocks have performed moderately. Let's check out the share market live updates to have better clarity on the stocks performing well today.
Adani Enterprise
Adani Enterprise is the only stock that is currently leading in the trading sector with a gain of more than 6.63% from its previous closing of 2409.95 and has been leading the most on the stock exchange with a high record compared to previous weeks. The stock has been trading all day and has reached the highest day value of Rs 2576.60 and is currently trading at an LTP of 2568.30 and is expected to touch the day-high mark once again before the market closes. The surge in the price of the stock of this company is due to Ventura Securities which predicted that the stock value can reach Rs 3801 in the next two years.
| Opening Value | Rs. 2,425.00 |
| Previous Closing | Rs. 2,409.95 |
| Today’s High | Rs. 2,576.90 |
| Today’s Low | Rs. 2,421.95 |
| 52 Week High | Rs. 3,743.90 |
| 52 Week Low | Rs. 3,743.90 |
Sun Pharmaceutical Industries Ltd
Sun Pharmaceutical Industries Ltd. in the pharmaceutical industry have generated approximately 1% profit in their stock prices from its previous closing of Rs 1,862.05 per stock price and has been rising for the 5th day in a row. The stock has been trading the whole day and has gone to a day high of Rs 1,884.00 and is currently trading at an LTP of Rs 1877.45 per stock price. Pharmaceuticals Industries Ltd has added around 3.93% in the last month.
| Opening Value | Rs. 1,862.05 |
| Previous Closing | Rs. 1,861.25 |
| Today’s High | Rs. 1,884.00 |
| Today’s Low | Rs. 1,855.00 |
| 52 Week High | Rs. 1,960.35 |
| 52 Week Low | Rs. 1,252.50 |
Cipla Ltd
Cipla Ltd in the Pharmaceuticals & Drugs industry has again been in the books of profit for the 3rd day in a row and also generated about 0.83% profit in the stock market today from its previous closing of Rs 1,509.00 per stock price. The stock has been trading the whole day and has gone to a day high of Rs 1,506.60 and is currently trading at an LTP of Rs 1518.40 per stock price. This stock has been performing well for a few weeks and it is expected to surge more till the end of this year. Cipla Ltd has risen around 1.01% in one month.
| Opening Value | Rs. 1,509.00 |
| Previous Closing | Rs. 1,506.60 |
| Today’s High | Rs. 1,526.70 |
| Today’s Low | Rs. 1,495.10 |
| 52 Week High | Rs. 1,702.05 |
| 52 Week Low | Rs. 1,246.70 |
Contribution of Stocks in Pulling the Indices Up
| Stocks | Current Market Price | Contribution |
| Adani Enterprise | 2,569.00 | 49.91 |
| HCL Tech | 1,911.90 | 5.87 |
| Sun Pharma | 1,881.00 | 5.15 |
| Shriram Finance | 2,933.90 | 3.58 |
| Cipla Ltd | 1,523.35 | 2.39 |
Other stocks that have seen a decent surge are Apollo Hospital, Tech Mahindra, IndusInd Bank, and Eicher Motors. Whereas the most active stocks as of today are One Mobikwik, Greaves Cotton, Adani Enterprise, and ITI.