14th May 2024: Adani Enterprises (ADANIENT), Mahindra & Mahindra (M&M), Cipla (CIPLA), Tata Consultancy Services (TCS) Lead as Top Active Stocks – Complete List Inside

  • The Nifty index closed at 22,104.05, recording a gain of 0.51% for the day.
  • Top gainers in the Nifty index included Adani Enterprises, Mahindra & Mahindra, Hero Motocorp, Larsen & Toubro, and JSW Steel.
  • The Nifty Midcap 50 and Nifty Small Cap 100 outperformed the Nifty 50, with gains of 0.7% and 2.03% respectively.

Stock market update: Nifty closes higher, midcap and smallcap indices outperform.

Nifty Index Performance

The Nifty index closed at 22,104.05, recording a gain of 0.51% for the day. Throughout the day, the Nifty touched a high of 22,270.05 and a low of 22,081.25. Similarly, the Sensex traded between the range of 73,286.26 and 72,683.99, closing 0.45% higher at 72,776.13, which was 328.48 points above the opening price.

Midcap and Smallcap Indices Outperform

In comparison to the Nifty 50, the Nifty Midcap 50 and Nifty Small Cap 100 outperformed, with gains of 0.7% and 2.03% respectively. The Nifty 50 has provided the following returns over different time periods: -0.35% in the last week, -0.22% in the last month, 1.76% in the last three months, 12.95% in the last six months, and 20.79% in the last year.

Top Gainers and Losers

The top gainers in the Nifty index were Adani Enterprises (up 5.49%), Mahindra & Mahindra (up 3.92%), Hero Motocorp (up 3.23%), Larsen & Toubro (up 2.60%), and JSW Steel (up 2.43%). On the other hand, the top losers in the Nifty index were Cipla (down 4.05%), Tata Consultancy Services (down 1.18%), Nestle India (down 1.15%), Tata Consumer (down 1.05%), and Axis Bank (down 0.81%).

Bank Nifty Performance

The Bank Nifty ended at 47,754.1, with an intraday high of 47,937.25 and a low of 47,607.85. The performance of the Bank Nifty over different time periods is as follows: -0.88% in the last week, 0.18% in the last month, 4.25% in the last three months, 8.27% in the last six months, and 8.59% in the last year.

Conclusion

The Nifty index closed higher for the day, with the midcap and smallcap indices outperforming the Nifty 50. The top gainers in the Nifty index were led by Adani Enterprises and Mahindra & Mahindra, while the top losers were led by Cipla and Tata Consultancy Services. The Bank Nifty ended the day on a positive note. Overall, the market sentiment remained positive with a majority of the stocks in the green.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.
spot_imgspot_imgspot_imgspot_img

Latest News

Solana (SOL) Price Prediction: Analyst Forecasts $1,000 Surge Amid Market Resilience

Solana (SOL) defied a slight market dip today, maintaining...

EU Investigates ChatGPT’s Legal Compliance: Implications for OpenAI’s $GPT Token

The cryptocurrency market has been experiencing significant fluctuations recently. Experts...

Self-Proclaimed Bitcoin (BTC) Founder Satoshi Nakamoto Faces Defeat in Legal Battle

<ul> <li>Bitcoin whitepaper has been successfully reinstated on...

Bitcoin (BTC) Price Analysis: Comprehensive Guide on Fintechzoom Trends and Insights

The cryptocurrency market has been abuzz with recent developments,...
spot_imgspot_imgspot_imgspot_img

PRO Analysis

Bitcoin (BTC) Price Analysis: Comprehensive Guide on Fintechzoom Trends and Insights

The cryptocurrency market has been abuzz with recent developments,...

Dogecoin (DOGE) Address Profitability Soars to 83%: Key Insights and Analysis

Dogecoin (DOGE) might be experiencing an immediate price plunge,...

SHIB, DOGE, BONK, FLOKI Price Analysis for May 25: Key Insights and Trends for Top Meme Coins

<ul> <li>Meme coins are experiencing a rebound after...

Bitcoin (BTC) Price Analysis: Experts Predict Potential Downtrend – What’s Next for BTC?

<ul> <li>Bitcoin (BTC) has experienced a significant drop...
Gideon Wolf
Gideon Wolfhttps://en.coinotag.com/
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.
spot_imgspot_imgspot_imgspot_img

Election Buzz Fuels Nifty 50 and Sensex (NSE, BSE) to Record 2-Week Gains in 5 Months

<ul> <li>The Nifty 50 and Sensex ended flat in the previous session but recorded their best week since early February.</li> ...

Foreign Portfolio Investors Offload ₹22,046 Crore in Indian Equities: Impact on Market and Future Trends

<ul> <li>Foreign portfolio investors (FPIs) have turned aggressive sellers in Indian markets ever since reducing their buying momentum with the onset...

Infosys (INFY), Havells (HAVELLS), and More to Trade Ex-Dividend Next Week: Complete List Inside

<ul> <li>Dividend stocks have been gaining attention as investors seek stable returns amidst market volatility.</li> <li>Many companies are increasing their dividend payouts,...