Sensex Soars 348 Points as Blue Dart Express Jumps 16.39% in Strong Market Rally
The Indian stock market showed a positive trend today, with the Sensex rising by 348.68 points to close at 84,976.84, nearing its 52-week high. The advance-decline ratio was strong, indicating robust market sentiment, particularly in mid-cap and small-cap stocks. Blue Dart Express, Five-Star Business Finance, and Adani Green were among the top gainers, while the S&P BSE Utilities sector led sector performance. Overall, the market has gained 3% over the past three weeks, reflecting continued upward momentum despite a slight decline in the NIFTY Auto sector.
The Indian stock market exhibited a positive trend today, with the Sensex rising by 348.68 points, or 0.41%, to close at 84,976.84. This marks a notable climb from an initial flat opening, and the index is now just 0.37% shy of its 52-week high of 85,290.06. The advance-decline ratio across the BSE500 was robust, with 341 stocks advancing compared to 154 declining, reflecting a strong market sentiment.Mid-cap stocks led the charge, with the BSE Mid Cap index gaining 0.6%, while small-cap stocks also saw a rise of 0.54%. Among the top gainers in the BSE500, Blue Dart Express surged by 16.39%, followed by Five-Star Business Finance at 11.48%, and Adani Green, which rose by 10.50%. Conversely, the top losers included Cohance Life, down 8.04%, and Motilal Oswal Financial Services, which fell by 7.33%.
In sector performance, 35 out of 37 sectors advanced, with the S&P BSE Utilities sector leading the way with a gain of 2.55%. The NIFTY Auto sector was the only notable decliner, down 0.68%. Overall, the market's upward momentum continues, with the Sensex gaining 3% over the past three weeks.
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
