Tata Stock Jumps 6% To Lead Gainers As Markets Scale New Highs

Friday’s trading session witnessed a strong comeback from the bulls. The spotlight was on Tata Steel, which emerged as the top gainer, and Dr Reddy’s Laboratories, which saw the most significant dip.

Leading the pack of gainers, Tata Steel surged by an impressive 6.46% from its last close, currently priced at ₹149.95. The steel giant’s performance was a standout in today’s trading session.

Following closely, JSW Steel also saw substantial growth, with its stock price climbing 4.51% to ₹836.20. The steel industry, in general, seemed to be on a roll today.

Company NameCurrent PriceLast Close% Change
Tata Steel₹149.95₹140.856.46%
JSW Steel₹836.20₹800.104.51%
Larsen & Toubro (L&T)₹3633.50₹3477.554.48%
Titan Company₹3765.90₹3624.403.90%
IndusInd Bank₹1526.65₹1474.903.51%

Infrastructure titan Larsen & Toubro (L&T) wasn’t far behind, registering a 4.48% increase in its stock price, which now stands at ₹3633.50.

Titan Company, a leading jewellery and watch manufacturer, also had a good day at the market, with its stock price rising by 3.90% to ₹3765.90.

Completing the top five gainers, IndusInd Bank saw its stock price increase by 3.51% to ₹1526.65.

On the flip side, Dr. Reddy’s Laboratories emerged as the biggest underperformer, with its stock price falling by 3.59% to ₹6193.55.

Company NameCurrent PriceLast Close% Change
Dr. Reddy’s Laboratories₹6193.55₹6424.25-3.59%
HCL Technologies₹1644.10₹1663.85-1.19%
Sun Pharmaceutical Industries₹1559.25₹1577.95-1.19%
Infosys₹1654.70₹1673.90-1.15%
Britannia Industries₹4927.70₹4965.20-0.76%

IT firm HCL Technologies also witnessed a dip, with its stock price decreasing by 1.19% to ₹1644.10. Pharmaceutical company Sun Pharmaceutical Industries saw a slight decrease in its stock price by 1.19% to ₹1559.25. Another IT giant, Infosys, also saw its stock price fall by 1.15% to ₹1654.70.

Rounding off the bottom five performers, Britannia Industries experienced a slight dip in its stock price by 0.76% to ₹4927.70.

Domestic equity benchmark indices, the Sensex and Nifty 50, closed Friday’s trading session on a positive note, buoyed by robust GDP figures.

During the session, the Nifty 50 surpassed the 22,300 mark intraday, while the Sensex also achieved a record high, crossing the 73,800 mark.

The BSE Sensex concluded the day higher by 1,245.05 points or 1.72% at 73,745.35, while the Nifty 50 closed at 22,338.75, up 355.95 points or 1.62%. The Nifty Small Cap 100 gained 0.52%, and the Nifty Midcap 100 rose by 0.94%.

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