Nifty 50 Gainers: Adani Group Stocks Shine As Markets Hit Record Highs

In a day of volatile trading, Eicher Motors Ltd emerged as the top performer on the NIFTY 50 index with a 7.43% increase in its share price, closing at ₹4,180.35.

Following closely, Adani Enterprises Ltd saw a significant hike of 7.13%, ending the day at ₹2,531.20. Adani Ports and Special Economic Zone Ltd also had an impressive run, with a 6.14% increase, taking the stock price up to ₹878.65.

StockCurrent PriceLast Close% Change
Eicher Motors Ltd₹4180.35₹3891.27.43%
Adani Enterprises Ltd₹2531.2₹2362.77.13%
Adani Ports and Special Economic Zone Ltd₹878.65₹827.86.14%
Bharat Petroleum Corporation Ltd₹461.5₹438.05.37%
ICICI Bank Ltd₹991.2₹946.74.7%
StockCurrent PriceLast Close% Change
Life Insurance Corporation of India₹674.95₹682.15-1.06%
Britannia Industries Ltd₹4937.75₹4970.75-0.66%
Wipro Ltd₹407.45₹407.65-0.05%
Titan Company Ltd₹3488.4₹3489.5-0.03%
Sun Pharmaceutical Industries Ltd₹1231.15₹1231.25-0.01%

Bharat Petroleum Corporation, one of India’s leading state-owned oil companies, also posted positive results, with its shares rising by 5.37% to ₹461.50. Lastly, ICICI Bank shares increased by 4.70%, closing at ₹991.20, marking a strong day for the banking giant.

On the other end of the spectrum, the stocks that didn’t fare as well include Life Insurance Corporation of India, which saw a 1.06% drop, ending the trading day at ₹674.95. Britannia Industries, the popular food-products corporation, also experienced a slight dip of 0.66%, with the closing price at ₹4937.75.

Wipro, a leading player in the IT sector, saw a marginal drop in its share price by 0.05%, closing at ₹407.45. Titan Company also saw a minor decrease of 0.03% in its share price, finishing the day at ₹3488.40.

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Finally, the shares of Sun Pharmaceutical Industries Ltd remained almost unchanged, with a negligible drop of 0.008%, closing at ₹1231.15.

Nifty ended at a fresh record high on December 4 closing above 20,650. At close, Nifty was up 2.07% or 418.9 points at 20,686.8. “Nifty witnessed hefty gains on Monday against the backdrop of the ruling BJP winning three state assembly elections on Dec. 3. After opening with a massive upside gap of 334 points, the market continued its upside momentum for the whole session on Monday,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.

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Posted In: EquitiesMarketsMoversTrading IdeasAdani GroupEicher MotorsGainers And LosersNifty 50