Summary of the Day's Market Performance

• The Indian equity indices ended on a positive note, with the Nifty crossing the 25,250 mark for a record 13th consecutive session of gains. However, Midcaps (-0.2%) and Smallcaps (-0.3%) showed mixed performance.

• On the sectoral front, IT, FMCG, and Banking were the only sectors in the green, while Capital Goods, Metal, Healthcare, Telecom, and Media sectors faced selling pressure, down 0.4-1.6%.

Performance of Key Sectors

• Gainers: IT, FMCG, and Banking sectors led the market rally, reflecting strong investor confidence.

• Losers: All other sectors ended in the red, with notable declines in Capital Goods, Metal, Healthcare, Telecom, and Media sectors.

Market Transactions:

• 📈FII Bought: 1,735.46 cr.

• 📈DII Bought: 356.37cr.

"With the Nifty marking its 13th straight session of gains, investor sentiment remains buoyant. The ongoing strength in IT, FMCG, and Banking sectors suggests a robust outlook, while the mixed performance in Midcaps and Smallcaps warrants selective stock picking."

Key Stock Movements and News

• Top Gainers: Bajaj Finserv, Bajaj Finance, HCL Technologies, Bajaj Auto, and Hero MotoCorp were the top performers on the Nifty.

• Top Losers: Grasim Industries, Kotak Mahindra Bank, Adani Enterprises, Coal India, and Nestle India were the major laggards.

• Gujarat Gas: Shares gained as the company received approval for its merger, boosting investor sentiment.

• Dr. Reddy's Laboratories: Shares fell by 2% after Chinese authorities suspended the import and sale of its key ADHD drug, leading to concerns over future sales.

• Aurangabad Distillery: Approved a bonus issue at 1:4, signaling confidence in the company’s growth prospects.

• Bajaj Finance: Shares were in focus, rising 3% after announcing the IPO date of its housing finance arm, generating excitement among investors.

• Jio Financial Services: Shares hit the day’s high as Nuvama expects the stock to get added to the F&O segment, indicating potential future gains.

• KIMS: Acquired a 100% equity stake in Chalasani Hospitals, marking a significant expansion in its healthcare portfolio.

• Paytm: After a strong rally, Paytm shares saw a 5% drop on profit booking as investors cashed in on recent gains.

• Premier Energies: Shares are poised for a stellar market debut tomorrow, with expectations of over 100% IPO gains, making it a stock to watch closely.

• Premier Energies: Shares are poised for a stellar market debut tomorrow, with expectations of over 100% IPO gains, making it a stock to watch closely.

"The market's continued upward trajectory, driven by select sectors, points to sustained investor confidence. As the Nifty sets new records, the focus remains on key corporate developments and sectoral performances for potential opportunities."

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Disclaimer: The information provided in this newsletter is for informational purposes only and should not be considered financial advice.

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