On Tuesday, Nifty 50 rose 0.14% to 25,418.55. 24 stocks gained while 25 declined and 1 remained unchanged.
Hero MotoCorp led the charge with a 3.14% increase to ₹5961.20.
followed by strong performances from Bajaj Auto, Bharti Airtel, NTPC, and M&M were the other top gainers in the session. Bajaj Auto gaind 2.24% while Bharti Airtel rose 1.61%. NTPC and M&M had 1.26% and 1.09% gain respectively in the session.
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Top Gainers:
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Hero MotoCorp | ₹5961.20 | ₹5779.45 | 3.14% |
| Bajaj Auto | ₹11950.30 | ₹11688.35 | 2.24% |
| Bharti Airtel | ₹1661.75 | ₹1635.45 | 1.61% |
| NTPC | ₹416.30 | ₹411.10 | 1.26% |
| M&M | ₹2787.65 | ₹2757.40 | 1.09% |
On the flip side, Tata Motors saw a 1.36% dip, leading the list of losers.
Eicher Motors, Adani Ports, Coal India, and Tata Steel were the other losers in the session. The stocks had a decline of 1%, 0.97%, 0.96% and 0.90% respectively in the trading session.
Top Losers:
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Tata Motors | ₹974.95 | ₹988.40 | -1.36% |
| Eicher Motors | ₹4850.20 | ₹4899.20 | -1.00% |
| Adani Ports | ₹1426.60 | ₹1440.70 | -0.97% |
| Coal India | ₹488.50 | ₹493.25 | -0.96% |
| Tata Steel | ₹152.82 | ₹154.21 | -0.90% |
Vinod Nair, Head of Research, Geojit Financial Services said, “The Indian market exhibited a subtle positive momentum, driven by the anticipation of a rate cut cycle by the US FED. Although a 25-bps cut is largely factored in, the market remains attuned to the FED’s comments on the health of the economy and the future trajectory of rate cuts. Further, robust institutional flows continued to bolster the domestic market. While the overall trend remained positive, there was notable buying interest in large-cap stocks, particularly in sectors such as IT, FMCG, and private banks.”
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