India’s biggest companies were on a bullish trend hitting lifetime highs. Shares of Tata Motors, Tata Steel and Reliance all surged up to hit a new all-time high on Saturday.
What Happened: Tata Motors continued its upward trend to surge by over 1% to hit an all-time high of ₹992.60. Tata Steel extended its gaining streak to the third straight session on Saturday going up over 1.5% to hit a lifetime high of 152.90.
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Reliance’s share price also extended gains to the third day going up to breach the ₹3,000 mark. Another Nifty 50 stock that hit a new lifetime high was Grasim Industries at ₹2,268.95. The jump comes as the broader market sentiments continue to remain positive.
Benchmark indices Nifty and Sensex also surged up to hit fresh highs for the second consecutive session. Nifty 50 breached the 22,400 mark. While the Sensex went over the 73,9000 mark.
Price Action: Tata Motors’ share price was up 1.19% to trade at ₹989 on Saturday morning. Reliance’s share price was trading 0.39% higher at ₹2,979.30. Tata Steel’s share price was up 1.50% to trade at ₹152.20.
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