Nifty Hits 4-Month High, Logs Best Gains Since June 5, 2024; Bank Nifty Surges Past 55,000
Nifty Hits 4-Month High, Logs Best Gains Since June 5, 2024; Bank Nifty Surges Past 55,000
Interestingly, the India VIX index cooled off significantly, dropping by 18 per cent to fall below the 18 mark.
Nifty trading above the 24,600 mark, hitting a fresh high of over four months and logging its best single-day move since June 5, 2024, while the Nifty Bank surged past the 55,000 mark, up by 2.70 per cent
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Largest Lender in India Posts Strong Net Profit, Boosted by Higher Other Income; Asset Quality Improves
Largest Lender in India Sees Strong Net Profit Growth; Asset Quality Improves Net Profit Rises 28%, Driven by Higher Other Income and Robust Loan Growth
Largest Lender in India Sees Strong Net Profit Growth; Asset Quality Improves Net Profit Rises 28%, Driven by Higher Other Income and Robust Loan Growth
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Shares of the company gained more than 350 per cent in the last three years.
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The Sensex and Nifty indices have posted gains of 0.48 per cent and 0.46 per cent respectively.
A broader market sentiment analysis indicates that around 2091 stocks are advancing, while 1502 stocks are witnessing declines, implying an overall optimistic sentiment across the broader market landscape.
Domestic equity bourses close marginally higher; Realty and auto sector stocks rally for yet another session
Tata Motors, ONGC and GRASIM are the top gainers while Hindustan Unilever, Asian Paints and Bajaj Finance were the top losers amongst Nifty 50 stocks
Nifty opened with a slight gap-up and traded higher after some intraday consolidation. In the afternoon session, it witnessed a profit booking and touched its previous falling trend line on the daily time frame. Nifty closed higher around 24 points or 0.14 per cent to close around the 17,624 level. S&P BSE Sensex also closed flat with a rise of 13 points. Nifty Mid-cap 100 and Nifty Small-cap 100 rallied 0.38 per cent and 0.28 per cent respectively.
Nifty closed at 17600 levels; Real estate stocks emerged as star performers
NBFC stocks rallied after the dovish commentary of RBI governor. Sectors like Realty and Auto also showed decent strength.
Nifty closed around the day's high by rallying 42 points or 0.24 per cent to close around 17,600 level on the weekly expiry day. S&P BSE Sensex also closed around the day’s high with rise more than 143 points. Nifty Midcap 100 rallied 0.64 per cent after 2 days’ consolidation and Nifty Small cap 100 rallied 0.78 per cent.
Indices closed around day’s high; HDFC twins and ITC pulled the markets
L&T, ITC, HDFC and HDFC Bank are the top gainers while Eicher Motors, M&M and IndusInd Bank were the top losers amongst Nifty 50 stocks.
Nifty traded higher and closed around the day's high by rallying 159 points or 0.91 per cent to close around 17,557 level. S&P BSE Sensex also closed around the day’s high with more than 600 points rise. Nifty Midcap 100 consolidated in a small range throughout the day while Nifty Small cap 100 rallied 0.72 per cent.
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Here are the top gaining stocks in BSE Group ‘A’.