Nifty reclaims 24,900 level on broad-based rally in metal, financial & consumer durable stocks
The market witnessed strong buying in metal stocks such as Tata Steel, Hindalco, and JSW Steel.
The market witnessed strong buying in metal stocks such as Tata Steel, Hindalco, and JSW Steel.
Sensex is up more than 400 points in trade on Monday led by metal stocks.
Market has reached an oversold condition at key support levels and the current situation represents a corrective phase within the ongoing bull market. This indicates a potential opportunity to initiate long positions.
A total of 68 stocks of the Nifty 500 index stood out as star performers from the closing of January 25, 2023, till January 25, 2024.
With the consecration, there are multiple investment avenues opened for the citizens.
The top gainers on the Sensex so far were ITC, Asian Paints and Bharti Airtel, while the major losers were Axis Bank, Kotak Mahindra Bank and Sun Pharmaceutical Industries
The Nifty50 on the National Stock Exchange was trading at 15,777.10, higher by 67.70 points or 0.43 per cent from its previous close.
It opened at 52,432.88, and has touched an intra-day high of 52,465.03 and a low of 52,307.99 points
Sensex rose as much as 291.55 or 0.73 per cent, gaining for the seventh straight session over the strong inflow of foreign funds.
The Sensex opened 102.02 points higher at 38,316.49 from its Monday close of 38,214.47 and NSE Nifty started at 11,360.85, up 19.7 points.
