Tata Motors Shares Lead Gainers With Late Surge On Thursday

On Thursday, Nifty 50 rose 0.40% to 25,151.95. It hit a fresh all-time high of 25,192.90 in the session. 29 stocks gained, 20 declined and 1 remained unchanged.

Tata Motors were the top gainer with a 4.38% rise to ₹1121.65.

Top Gainers:

StockCurrent PriceLast Close% Change
Tata Motors₹1121.65₹1074.554.38%
Bajaj Finserv₹1755.65₹1713.52.46%
Bharat Petroleum Corporation₹356.45₹348.152.38%
Bajaj Finance₹7063.55₹6900.02.37%
Britannia Industries₹5831.4₹5703.352.25%

Following closely is Bajaj Finserv which saw a 2.46% rise. The stock is currently priced at ₹1755.65, up from its previous close of ₹1713.5.

The third spot is claimed by Bharat Petroleum Corporation, which witnessed a 2.38% increase. The stock is trading at ₹356.45, compared to its last close at ₹348.15.

Next in line is Bajaj Finance, with a 2.37% rise. The stock is currently trading at ₹7063.55, up from its last close of ₹6900.0.

Rounding off the top five gainers is Britannia Industries, with a 2.24% increase. The stock is currently priced at ₹5831.40, up from its last close of ₹5703.35.

See Also: Mukesh Ambani Addresses Reliance Layoffs Says Firm Created 1 7 Lakh New Jobs In 2023

Grasim Industries was the top loser with a 1.45% decline in the session.

Top Underperformers:

StockCurrent PriceLast Close% Change
Grasim Industries₹2676.2₹2715.55-1.45%
M&M₹2757.6₹2798.0-1.44%
JSW Steel₹939.7₹949.25-1.01%
Dr Reddy’s₹6931.15₹6999.3-0.97%
Kotak Mahindra Bank₹1777.25₹1791.3-0.78%

Vinod Nair, Head of Research, at Geojit Financial Services said, “Indian equities began steadily and breached a record high. Volatility disturbed the trend in the afternoon due to Reliance Ltd AGM expectations, but the broad market carried the rally to a new high by the end of the day with rapid improvement in sentiment. The recent uptick in Indian IT and FMCG stocks points to a potential soft landing for the US economy and an improvement in domestic rural consumption.”

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