Narrowest since July 2021: Sensex closes in on trading gap in April

Index moved in 4% band, against three-year average of 8%


Illustration: binay sinha

Sundar Sethuraman Mumbai

Listen to This Article

The gap between the highs and the lows in April for the benchmark S&P BSE Sensex was just 4.1 per cent — the narrowest since July 2021 and nearly half its three-year average. The absence of major positive triggers, sectoral rotation, and cautiousness due to earnings and economic uncertainty have kept a tight leash on the markets, observe experts.

Remarkably enough, during the 17 trading sessions in April, the Sensex didn’t even log an advance or a decline of more than 1 per cent. Its best trading session for the month was on April 3, when it gained 0.99 per cent; the worst was on April 17, when it fell 0.87 per cent.

In April, the Sensex touched an intraday

Also Read

Stock performance remains polarized even as Sensex, Nifty scale new highs

After a dismal FY23, is the tide turning for mid, small-cap segments?

DLF, Sunteck Realty: Stay cautious; realty index violates key support level

These realty stocks can rally up to 12% once index conquers 200-DMA

Realty stocks soar on back of robust sales; sectoral index up 7.8%

Sensex gains for eighth day in a row, logs fresh highs for 2023

Indian stocks rise on back of earnings, FII buying ahead of US Fed meet

Datamatics hits 20% upper circuit on strong Q4FY23 results

Welspun India zooms 20% as investors cheer buyback plan, strong Q4 results

Sebi's new rule: Stock brokers can't use clients' funds for bank guarantees

First Published: May 02 2023 | 8:00 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to