Nifty Soars 71.90 Points, Blue Dart Express Rockets 20% in Strong Market Rally!
The Indian stock market showed strong performance today, with 36 out of 38 sectors advancing, particularly the POWER sector, which rose by 2.72%. The Nifty index increased by 71.90 points to reach 26,053.90, nearing its 52-week high. The SENSEX also gained 368.97 points, reflecting positive market sentiment with a favorable advance-decline ratio of 342 to 154. Notable individual stock movements included Blue Dart Express, which surged by 20%, and Adani Green, up 10.80%, while IIFL Capital fell by 9.47%. Overall, the market is trending positively, supported by strong technical indicators.
The Indian stock market exhibited a positive trend today, with a significant majority of sectors advancing. Out of 38 sectors, 36 saw gains, led by the POWER sector, which rose by 2.72%. In contrast, the NIFTYAUTO sector faced a decline of 0.73%. The Nifty index opened 45.80 points higher and climbed further by 71.90 points, reaching 26,053.90, marking a 0.45% increase. It is now just 0.19% shy of its 52-week high of 26,104.20. The index has gained 3.04% over the past three weeks and is currently trading above its 50-day moving average, which is also above the 200-day moving average.
The SENSEX also performed well, trading at 84,997.13 with a gain of 368.97 points, or 0.44%. The advance-decline ratio across the BSE500 stood at 342 advances to 154 declines, reflecting a robust market sentiment.
Among individual stocks, Blue Dart Express emerged as the top gainer in the small-cap category, soaring by 20.00%, while Adani Green led the large-cap segment with a gain of 10.80%. Conversely, IIFL Capital was the biggest loser among small caps, declining by 9.47%.
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
