On Monday, Nifty 50 rose 0.39% to 25,939.05. The benchmark index raced to an all-time high of 25,956 in the session.
Bajaj Auto led the gainers with a 3.35% increase, closing at ₹12378.6.
M&M and ONGC followed with rises of 3.33% and 3.21%, respectively. Hero MotoCorp and SBI Life also posted strong gains, closing at ₹6190.55 and ₹1920.15.
Top 5 Gainers
Stock | Current Price | Last Close | % Change |
---|---|---|---|
Bajaj Auto | ₹12378.6 | ₹11941.70 | 3.7% |
M&M | ₹3047.0 | ₹2950.85 | 3.33% |
ONGC | ₹295.45 | ₹286.25 | 3.21% |
Hero MotoCorp | ₹6190.55 | ₹6013.25 | 2.95% |
SBI Life | ₹1920.15 | ₹1870.25 | 2.67% |
On the downside, Eicher Motors led the losers with a 1.68% drop, closing at ₹4879.55.
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Top 5 Losers
Stock | Current Price | Last Close | % Change |
---|---|---|---|
Eicher Motors | ₹4879.55 | ₹4963.15 | -1.68% |
Divi’s Laboratories | ₹5372.85 | ₹5450.75 | -1.43% |
ICICI Bank | ₹1321.90 | ₹1338.45 | -1.24% |
IndusInd Bank | ₹1465.10 | ₹1480.20 | -1.02% |
Tech Mahindra | ₹1607.15 | ₹1622.05 | -0.92% |
Divi’s Laboratories, ICICI Bank, IndusInd Bank, and Tech Mahindra also faced losses, with their stock prices falling by 1.43%, 1.24%, 1.02%, and 0.92%, respectively.
Vinod Nair, head of research, at Geojit Financial Services, said, “The euphoria from the FED rate cut continued to lift the domestic market. The benign input costs and an expectation of a change in stance by the RBI amid cuts by global banks will provide tailwinds to valuation. Though there is moderation in India PMI data, investors are anticipating that the wave of liquidity from FII may provide stability in the sentiment.”
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