Market Performance
The Indian stock market extended its positive momentum as both Sensex and Nifty closed higher for the sixth consecutive session on Thursday, August 21.
- Sensex gained 143 points (0.17%) to close at 82,000.71
- Nifty 50 rose 33 points (0.13%) to settle at 25,083.75
However, gains remained limited due to weak global cues, concerns around tariffs, and stretched valuations.
Mid and small-cap stocks underperformed:
- BSE Midcap index slipped 0.12%
- Smallcap index ended nearly flat
Main News – What Drove the Market?
The upward move in Sensex and Nifty was supported by strength in heavyweights such as:
Key domestic triggers included:
- Proposed GST reforms
- S&P rating upgrade
- Favourable growth-inflation dynamics
Despite positive drivers, investor sentiment was capped by global tariff concerns, particularly with the August 27 secondary tariffs deadline approaching.
Company Details – Key Movers
Top Gainers (Nifty 50)
- Cipla: up 3.09%
- Dr. Reddy’s Laboratories: up 2.61%
- Bajaj Finserv: up 1.03%
Top Losers (Nifty 50)
- Tata Consumer: down 1.57%
- Bajaj Auto: down 1.56%
- Eternal: down 1.55%
In total, 28 Nifty stocks ended lower, while 22 advanced.
Sectoral Highlights
- Nifty Pharma & Healthcare: rose nearly 1% each
- Nifty Auto, FMCG, PSU Bank: ended in red
- Nifty Bank: gained 0.10%
- Financial Services index: up 0.32%
Market Activity
- Most Active Stocks (Volume):
- Ola Electric Mobility – 56.43 crore shares
- Vodafone Idea – 35.27 crore shares
- PC Jeweller – 15.44 crore shares
- 16 stocks jumped over 15% on BSE, including D.P. Wires, Filtron Engineers, Prospect Consumer Products, IZMO, Disha Resources.
- Advance-Decline Ratio:
- Advances: 2,098
- Declines: 1,995
- Unchanged: 155
Key Market Records
- 143 stocks hit 52-week highs – including Maruti Suzuki India, TVS Motor Company, Marico, HDFC AMC, Apollo Hospitals
- 49 stocks hit 52-week lows – including Hindusthan National Glass, Indogulf Cropsciences, Regaal Resources, Sharika Enterprises, U.Y. Fincorp
Summary
The Sensex and Nifty continued their rally, marking the sixth straight session of gains. Support from banking, pharma, and select heavyweights helped benchmarks stay in the green. However, concerns over global tariffs, premium valuations, and weak global signals capped major upside.
The broader market remained mixed with midcaps slipping and smallcaps flat. Stock-specific action, sectoral movements, and volume-heavy counters like Ola Electric and Vodafone Idea dominated the session.
Easy & quick
Leave A Comment?