SENSEX Soars 715 Points as Sun TV Network Jumps 15.33% in Strong Market Rally
The Indian stock market demonstrated strong upward momentum, with the Nifty index rising by 0.99% to close at 24,854.20 and the SENSEX gaining 0.89% to reach 80,983.31. A positive advance-decline ratio of 2.68x among BSE500 stocks highlighted broad market strength, particularly in small-cap and mid-cap segments. The NIFTYMEDIA sector led gains at 3.26%, while NIFTYPSUBANK saw a minor decline. Notable individual performers included Sun TV Network, which surged 15.33%, while JSW Holdings experienced the largest drop at 5.00. Overall, the market reflected robust investor confidence.
The Indian stock market exhibited a robust performance today, with the Nifty index climbing 233.65 points to close at 24,854.20, marking a gain of 0.99%. The SENSEX also saw a significant rise, trading at 80,983.31, up by 715.69 points or 0.89%. The advance-decline ratio across the BSE500 was notably positive, with 364 stocks advancing compared to 136 declining, reflecting a ratio of 2.68x.Among the market segments, small-cap stocks led the charge with a rise of 1.16%, followed closely by mid-caps at 0.91% and BSE100 caps at 0.83%. The NIFTYMEDIA sector emerged as the top gainer, increasing by 3.26%, while the NIFTYPSUBANK sector faced a slight decline of 0.30%.
In terms of individual stock performance, Sun TV Network stood out as the top gainer in the BSE500, surging by 15.33%. Other notable gainers included AIA Engineering and KPIT Technologies, which rose by 6.27% and 5.93%, respectively. Conversely, JSW Holdings led the decliners with a drop of 5.00%, followed by Delhivery and NLC India, which fell by 3.38% and 3.05%. Overall, the market displayed strong upward momentum, with most sectors and stocks contributing positively to the day's performance.
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
