Today’s Market Analysis: Equity Trends & Key Movers
Equity markets opened flat-to-neutral today, with benchmark indices consolidating near recent highs. While sectoral breadth remained balanced, select heavyweight stocks led gainers and losers lists, reflecting mixed investor sentiment ahead of F&O expiry. Overall volumes picked up moderately, and the derivatives segment saw healthy turnover, highlighting sustained interest in index options contracts.
Equity Trend: Neutral
Both Sensex and Nifty 50 traded in a narrow band, with Sensex ending marginally higher at 24,853 and Nifty closing near 24,850 — effectively flat for the session. This sideways action suggests a neutral trend as markets await fresh catalysts ahead of the weekend expiry.
Top Movers
Top Gainers
- Eternal Ltd. (+3.6%) 0
- HDFC Life (+3.28%) 1
- Jio Financial (+2.5%) 2
- PowerGrid Corp. (+2.46%) 3
- ITC (+2.32%) 4
Top Losers
- Sun Pharma (-4%) 5
- Grasim Industries (-2%) 6
- Bharti Airtel (-1.8%) 7
- Bharat Electronics (-1.5%) 8
Market Movers
By Volume
- Eternal Ltd. — 42,180,098 shares traded 9
- Reliance Industries — 6,474,883 shares traded 10
- HDFC Bank — 4,783,036 shares traded 11
By Value
- Bharat Electronics — ₹1,451.47 cr traded 12
- Sun Pharma — ₹1,391.59 cr traded 13
- Eternal Ltd. — ₹1,000.09 cr traded 14
Derivatives Market
The F&O segment witnessed active trading ahead of the weekly expiry. Nifty futures opened at 24,656.50, reached a high of 24,961.70, and saw total contracts traded of 85,742 with turnover of ₹1,598,170.86 lakhs 15. Meanwhile, global market-makers like Jane Street significantly expanded their India options business, with the firm recording $2.3 billion in Q1 FY25 equity derivatives revenues — underscoring the rapid growth in India’s derivatives markets 16.
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