
Stock market update: Nifty Realty index falls 0.71%
Shares of Sobha Ltd.(up 1.75 per cent) and Phoenix Mills Ltd.(up 1.18 per cent) ended the day as top gainers in the pack.
On the other hand, Raymond Ltd.(down 4.43 per cent), Macrotech Developers Ltd.(down 2.14 per cent), Anant Raj Ltd.(down 1.5 per cent), Oberoi Realty Ltd.(down 1.42 per cent) and Godrej Properties Ltd.(down 1.06 per cent) finished as the top losers of the day.
The Nifty Realty index closed 0.71 per cent down at 963.15.
Benchmark NSE Nifty50 index ended down 48.11 points at 25405.3, while the BSE Sensex stood down 170.22 points at 83239.47.
Live Events
Among the 50 stocks in the Nifty index, 21 ended in the green, while 29 closed in the red.
Shares of Vodafone Idea, RattanIndia Power, JP Power, Tata Steel and FSN E-Comm(Nykaa)were among the most traded shares on the NSE.
Shares of DCM Shriram, Shree Global, Quality Power Electr, TN Telecom and Ellenbarrie Ind. Gas hit their fresh 52-week highs in today's trade, while Stampede Cap(DVR), Sadhana Nitro, Globe Civil Projects, Mahalaxmi Fabric Mil and R K Swamy hit their fresh 52-week lows.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
8 minutes ago
- Mint
Best stocks to buy today: Ankush Bajaj's top three recommendations for 21 August
On Wednesday, August 20, 2025, Indian equities carried forward their momentum, with benchmark indices closing in the green, supported by positive global cues and rotation across key sectors. The Nifty 50 advanced 69.90 points or 0.28% to finish at 25,050.55, while the Sensex climbed 213.45 points or 0.26%, ending the session at 81,857.84. However, the Bank Nifty slipped 166.65 points or 0.30% to close at 55,698.50, reflecting profit-booking in select financial counters that capped overall gains. Top three stock picks by Ankush Bajaj for 21 August Buy: FACT Ltd — Current Price: ₹1014.45 Market Recap On Wednesday, Indian equities carried forward their momentum, with benchmark indices closing strongly in the green, supported by positive global cues and rotation across key sectors. The Nifty 50 advanced 69.90 points or 0.28% to finish at 25,050.55, while the Sensex climbed 213.45 points or 0.26%, ending the session at 81,857.84. However, the Bank Nifty slipped 166.65 points or 0.30% to close at 55,698.50, reflecting profit-booking in select financial counters that capped overall gains. Sectoral performance highlighted resilience across cyclical and demand-led pockets. Psu bank (−0.27%), the healthcare Index (−0.26%), and oil & gas (−0.13%) witnessed mild weakness, but strength in other areas outweighed the drag. The service sector surged 0.50%, the metal index gained 0.43%, and the infrastructure index rose 0.29%, reflecting strong momentum in cyclicals and consumption-driven plays. In stock-specific action, Infosys was the top mover with a sharp 3.90% jump, followed by TCS, which rallied 2.73%, and Hindustan Unilever, advancing 2.50%, all riding on favorable sector trends. On the downside, a few heavyweights capped the upside—Bharata Electronics Limited slipped 2.16%, Bajaj Finance eased 1.61%, and Shriram Finance declined 1.60%. Globally, softer-than-expected U.S. inflation data boosted hopes of a September Federal Reserve rate cut, while domestically, retail inflation cooling to an eight-year low of 1.55% further lifted investor confidence. Together, these macro positives provided strong support for markets, enabling Nifty to comfortably sustain above the 24,600 mark despite sectoral divergences. Nifty Technical Analysis – Daily & Hourly The Nifty 50 ended the session on 20 August 2025 with gains of 103 points, settling at 24,980, firmly reclaiming the 25,000 mark on intraday basis. This close above the psychological level is significant because derivatives positioning shows that traders have been aggressively writing puts at 24,900 while the heaviest call concentration has now moved up to 25,100. With this shift, the market is signalling that the short-term support base has been raised higher, and resistance is inching up. From a technical standpoint, the daily chart is turning constructive. The index is sustaining above its 20-DMA at 24,747 and 40-DEMA at 24,839, with the daily RSI rising to 55 and the MACD narrowing its negative spread at –83, reflecting fading bearish pressure. On the hourly timeframe, the 20-HMA at 24,849 remains above the 40-HMA at 24,765, confirming a bullish crossover. The RSI at 65 and a strongly positive MACD at +95 further reinforce the bullish intraday momentum. The derivatives setup adds conviction to this view. Total PE OI stands at 14.70 crore vs CE OI of 13.23 crore, giving a bullish skew. Put writers added a massive 4.21 crore contracts, compared to only 1.24 crore addition on the call side, reflecting a strong build-up of support. Importantly, while 25,000 has acted as the key call writing zone historically, the highest fresh call addition has now shifted to 25,500, with max OI concentration at 25,100. This raises the possibility of a sellers' trap: once Nifty sustains above 25,100, call writers could be forced to cover their positions, triggering a strong short-covering rally towards 25,300–25,500. With global cues stable—US markets consolidating, crude steady around $65–66, and the rupee holding near 87.6—the domestic technicals and positioning remain the dominant drivers. In summary, the close above 25,000 is a crucial milestone. If the index crosses and sustains above 25,100, the stage is set for a potential short-covering move that could accelerate the rally towards 25,500. On the downside, 24,850–24,765 remains the critical support zone, below which momentum would weaken. Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.


Economic Times
8 minutes ago
- Economic Times
Stocks in news: IndusInd Bank, India Cements, Godrej Properties, Clean Sciences, Exide Industries
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price


Mint
38 minutes ago
- Mint
Best stocks to trade today, recommended by NeoTrader's Raja Venkatraman
Investors breathed a sigh of relief on Wednesday as the Nifty 50 crossed 25,000 once again. But given the two-phased nature of the market, uncertainty remains, leaving investors guessing. Three stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader for Thursday, 21 August FACT: Buy above ₹1,015 and on dips to ₹980, stop ₹965, target ₹1,125-1,150 CHALET: Buy at CMP and on dips to ₹965, stop ₹950, target ₹1,070-1,098 EMAMILTD: Buy at CMP and on dips to ₹606, stop ₹590, target ₹680-700 How the stock market performed on Wednesday Dalal Street extended its winning streak to a fifth straight session on Wednesday as investors cheered the government's plan to rationalise the Goods and Services Tax (GST). The Sensex climbed 213.45 points or 0.26% to close at 81,857.84, while the Nifty gained 69.90 points or 0.28% to settle at 25,050.55. Market breadth was positive, with 2,071 shares advancing, 1,588 declining, and 124 unchanged. The current rally also reflects optimism about pre-Diwali GST reforms that may stimulate demand for automobiles, FMCG, insurance, and select financial stocks. An improvement in India-China ties has buoyed sentiment. However, the rally depends on many factors, mainly US tariffs, so, investors are walking a tightrope. Outlook for trading The gap area highlighted yesterday continues to support the trends, which have been largely oriented towards trading rather than investing. From a trading perspective we can see on the daily charts that the gap support area has helped prices rebound. The gradual rise we saw last week is now set to continue as we trade into the weekly expiry today. The emerging trend clearly suggests that the rally last week was a holding the resistance zone and a gap-up opening ensured that the prices traded above that range. The move above 25,000 (Nifty Spot) signals a bullish bias. Momentum on hourly charts indicates that the market seems to have absorbed the selling pressure. However, we can expect the rise to remain hesitant as the bearish overhang continues. We continue to maintain short positions in the Nifty so long as 24,800 holds, viewing any sustained move below that level as a clear sign that bullish conviction is waning. What had previously been support around 24,500 has now shifted up to 24,800, while open interest peaking at 25,200 marks the next significant resistance zone. If the index breaks down from its current 30-minute range on Wednesday, we can pivot to two-way trades, but until then the trend remains in a tentative standoff. Geopolitical uncertainty still looms large, limiting the market's ability to muster strong directional moves, so be prepared to lock in gains quickly. At the same time, monitor FII/DII flow data for shifts in institutional sentiment, watch US yields and crude‐oil volatility for potential catalysts, leverage intraday volatility heatmaps to spot pockets of expanding risk, and consider short-tenor option structures—such as one-week iron condors—to capitalize on muted directional conviction. Options data suggests that PCR has now moved comfortably above 1, highlighting that the trends are showing intention to move higher. Steady put writing at 25,000 to 24,800 levels continues absorb the bearish bias and help the recovery. We must now watch out for multiple news triggers as global tariff threats, cautious investor sentiment, and domestic economic challenges have contributed to the sharp market decline and volatility in the rupee. Three stocks to trade today, recommended by NeoTrader's Raja Venkatraman Buy above ₹1,015 and on dips to ₹980, stop ₹965, target ₹,1125-1,150 CHALET (Cmp 998) Buy at CMP and on dips to ₹965, stop ₹950, target ₹1,070-1,098 EMAMILTD (Cmp 626.55) Buy at CMP and on dips to ₹606, stop ₹590, target ₹680-700 Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.