In Monday’s trading session, several securities witnessed significant activity on the National Stock Exchange (NSE). Notable among them were Srestha Finvest (2.98 crore shares traded), Franklin Industries (2.02 crore), and Vodafone Idea (1.75 crore). Other actively traded stocks included Standard Cap (1.23 crore), Mishtann Foods (0.97 crore), Brightcom Group (0.88 crore), GTL Infra (0.73 crore), GI Engineering (0.62 crore), Avance Tech (0.57 crore), and G G Engineering (0.44 crore).
Market Indices Surge
At 11:09 AM, the Nifty 50 index rose by 252.85 points to 23,840.35, while the BSE Sensex climbed 803.33 points, trading at 78,844.92. This marked a robust upward momentum in the broader market.
Top Gainers in Nifty
Among the Nifty index’s top gainers, JSW Steel Ltd. led the charge with a 3.49% increase, followed by Trent Ltd. (up 2.72%), Grasim Industries Ltd. (up 2.47%), Shriram Finance Ltd. (up 2.18%), and ITC Ltd. (up 2.10%). These companies saw strong investor interest, contributing to the market’s overall bullish sentiment.
Top Losers in Nifty
On the other hand, some stocks faced mild corrections. Tata Consultancy Services Ltd. slipped by 0.48%, while Hero MotoCorp Ltd. and SBI Life Insurance Company Ltd. dipped by 0.05% and 0.14%, respectively. HDFC Life Insurance Company Ltd. was down by 0.16%, and Apollo Hospitals Enterprise Ltd. declined 0.19%.
Market Dynamics
The stock market’s upbeat momentum reflects robust investor confidence, supported by positive cues in global and domestic factors. Actively traded stocks like Srestha Finvest and Franklin Industries showcased high volumes, indicating strong participation. Meanwhile, the gains in heavyweights like JSW Steel and Grasim Industries underline sectoral strength, especially in steel and diversified industries.
With indices trading in the green, the market continues to demonstrate resilience, buoyed by optimism in the broader economy.
