Nifty 50 In The ‘Red’, Closes Flat Again!

Nifty 50 In The ‘Red’, Closes Flat Again!

The Nifty 50 Index opened at a gap-up of 74.95 points at 17,463.10 today. However, this Indian stock market index did lose its gaining momentum and saw a slight decrease. Nifty 50 was down by 0.04% as it closed at 17,382.00 (declining by 6.15 points) on Thursday, August 4, 2022. In contrast to the red close, the index managed to gain by a huge 220.75 points from its low of 17,161.25, which is surely commendable. The leading sectors were Pharma (2.37%) and Healthcare (2.36%). Last day, it was up by 0.25% as it closed at 17,388.15 (gaining 42.70 points).

Nifty 50 Performance

To know better about the market you can check the video provided above that contains Nifty 50 option chain analysis data.

Top Gainers And Losers Today

The top Indian stocks that saw a bullish performance even on a ‘red’ day are:

  • Cipla Limited (NSE: CIPLA)
  • Nestle India Limited (NSE: SUNPHARMA)
  • Sun Pharmaceutical Industries Limited (NSE: SUNPHARMA)

The Indian stocks that saw a bearish performance along with the Nifty 50 index are:

  • NTPC Limited (NSE: NTPC)
  • Tata Consumer Products Limited (NSE: TATACONSUM)
  • Coal India Limited (NSE: COALINDIA)

Ever since the week started, the Nifty 50 had been witnessing a bullish close. However, it did see some volatility in the last three consecutive trading sessions as it declined to lows and unexpectedly bounced back though it closed at a slight negative today.

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Sahil Patil

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