On August 19, 2024, the Indian stock market experienced a mixed session, with the Sensex closing down 12.16 points at 80,424.68, while the Nifty rose by 31.50 points to settle at 24,572.65. The market exhibited a rangebound performance, with the Nifty remaining below the 24,600 mark. Notably, Hindalco Industries emerged as a key stock, breaking out from a nine-session consolidation and surpassing its 100-day moving average. This marked the third consecutive session of gains for Hindalco. The Nifty Bank index, however, fell by 149 points to 50,368, while the midcap index recorded minor gains. Overall, the trading session reflected volatility, particularly in sectors such as oil and gas and metals.