Metal stocks lead spurt in Sensex
Sensex is up more than 400 points in trade on Monday led by metal stocks.
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.
Indian stocks traded marginally higher Tuesday morning apparently due to fresh buying by investors after the recent profit booking. On Monday, they were largely steady.
Stocks such as NTC Industries, Novateor Research, Surana Telecom, Stove Craft touched their 52 week high while Nova Pub, Shanti Educational touched new 52 week low
"Nifty opened gap up on Sept 23 following positive Asian cues and extended gains till noon," said Deepak Jasani, Head of Retail Research, HDFC Securities
According to Gaurav Garg, Head of Research, CapitalVia Global Research: "Investors have been pouring money into India's stock market, which could rise to more than $5 trillion and become the fifth largest in the world within years."
Though NDTV's financials had been moving up and down, it's stock has performed exceedingly well rising well over 100 per cent in last one year.
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
