After Monday’s Jolt, Will The Rally Sustain?
Stock Market Updates: the charts had a fluctuating movements, few stocks hit their low, while few made headlines.
Today, the Indian stock markets closed on a strong green note, keeping the positive and upward momentum of indices active, despite some global uncertainties.
The BSE Sensex rallied over 370 points, settling near 81,644, which clearly signals that investors are feeling confident in the indian stock market. On the other hand, the Nifty 50 hovered around the key 25,000 mark during the day before closing, and ended at 24,980.
The interesting thing today was that the broader market showed even more strength. Both the midcap and smallcap indices ended the day firmly in the green, suggesting that investors aren’t just backing the big players but are optimistic about smaller companies too.
With strong participation across different sectors and company sizes, it’s a great time to keep an eye on potential opportunities beyond just the headline indices.
Flexituff Ventures International Ltd,
Ksolves India Ltd,
Mercury Ev-Tech Ltd,
Sukhjit Starch & Chemicals Ltd,
Vikas Lifecare Ltd.
Stock Market Updates:
Today in Stick Market, the broader markets showed strong and positive momentum with the Nifty Midcap index surging 551 points to 57,665, whereas the Nifty Bank rising 130 points to 55,865. This signals solid participation in the stock market beyond large caps.
Reliance Industries led the list of gains, climbing 3% amid optimism over Jio tariff hikes.
Auto stocks rallied on reports and optimisim that China might lift rare-earth magnet restrictions, pushing Tata Motors, Bajaj Auto, and Hero MotoCorp.
New-age stocks like Paytm and Eternal gained, while textile players such as Raymond got pumped at 11% after cotton import duties were removed.
Last but not the least, FMCG and consumer durables also rose on hopes of a GST cut, with a strong advance-decline ratio of 5:2 reflecting positive market sentiment.
(With Inputs)
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Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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