The Sensex ended at 81,765 with a marginal rise and closing in the green. Overall, the mood was optimistic as investors remained upbeat and saw a spurt in several sectors.
The Nifty 50 ended at 24,708 with an all-positive trend throughout the day. This is where Trent emerged at the top, surging ahead by over 3%. Infosys came in right behind with a gain of over 2%. This was supported by TCS, Titan, and Dr. Reddy’s, all of whom also gained over 2%. Bharti Airtel, Wipro, and Bajaj Finance also helped lift the index higher. It provided significant resistance in the face of any down pressure.
The Nifty Bank closed at 53,603 with a small upward move. The gainers were led by ICICI Bank, Kotak Bank, Axis Bank, AU Bank, and SBI. These stocks helped the index climb steadily, showing strength in the banking sector.
The Nifty Next 50 ended the day at 72,487, and has a good gain. Leading index gainer Zomato zoomed by over 4%, followed by Bosch Ltd. with more than a 3% gain. Some stocks like Motherson, JSW Energy, and Varun Beverages surged above 2% levels that are driving the index further high.
The BSE 200 closed at 11,398, maintaining its positive momentum. The gains were spearheaded by IGL, which surged by over 6%, making it the top gainer of the index. Flurochem and Zomato followed with increases of more than 4%. Tata Elxsi, Motherson, Timken India, MRF, and Bosch Ltd. also contributed to the index’s uptrend.
Overall, the Indian stock market witnessed an uptrend today as new names found their way to the top gainers list further boosting investor confidence.
Also read: Suzlon and Jindal Renewables Strengthen Collaboration by Adding 302.4 MW Wind Project
Published on: December 4, 2024 at 9.30 PM GMT.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
Tomorrow 6th December is celebrated as Mahaparinirvan Diwas!
V.BADAGA:
Hi-Fliers hockey tournament will be held at V. Badaga from December 6th to 10th, with the final match on December 10th. Hockey, a fast-paced team sport, combines speed, skill, and strategy as players compete to score goals on the field.
As stated in Bhagavad Gita : (Bhagavad Gita 2.48)
योगस्थः कुरु कर्माणि सङ्गं त्यक्त्वा धनञ्जय।
Perform your duty equipoised, O Arjuna, abandoning all attachment to success or failure.