The stock market is showing strong positive momentum today with the Nifty 50 trading above 24,200 points and the Sensex up by over 650 points. As of the latest update the Nifty 50 is at 24,230.10 up 0.99% or 237.55 points and with a day range of 24,184.90 to 24,337.70
Nifty 50 Index Daily Chart: TradingView
The BSE Sensex is trading at 79,237.89 up 0.82% or 644.82 pts and ranging between 79,106.28 and 79,639.20 high so far. The Nifty Bank index is also gaining and currently at 49,954.25 up 0.41% or 205.95 pts.
Oil and Natural Gas Corporation is leading the gains today with its stock price surging 7.48% to Rs 329.00. The company opened at Rs 312.40 and has touched a high of Rs 330.95 and a low of Rs 312.00 so far today.
Source: NSEIndia
Coal India Limited is also showing strength up 5.91% to Rs 529.15. The stock opened at Rs 507.70 and has ranged between Rs 507.70 and Rs 529.55 so far.
Bajaj Auto is trading 2.96% higher at Rs 9,706.00. The auto manufacturer opened at Rs 9,570.00 and has seen a high of Rs 9,719.65 and Rs 9,497.50 low
Adani Enterprises is up 2.81% to Rs 3,159.00. The stock opened at Rs 3,118.00 and has fluctuated between Rs 3,112.00 and Rs 3,177.05
Power Grid Corporation is trading 2.80% higher at Rs 350.30. It opened at Rs 345.85 and has ranged from Rs 343.40 to Rs 350.55
Bharat Petroleum Corporation Limited has gained 2.75% to reach Rs 343.90. The stock opened at Rs 341.20 and has seen a high of Rs 347.75 and a low of Rs 337.40
Adani Ports and Special Economic Zone is up 2.69% to Rs 1,534.25. It opened at Rs 1,520.00 and has traded between Rs 1,514.20 and Rs 1,543.30
JSW Steel has climbed 2.67% to Rs 907.60. The stock opened at Rs 899.00 and has ranged from Rs 895.00 to Rs 910.65
Divi’s Laboratories is trading 2.00% higher at Rs 4,924.05. It opened at Rs 4,841.00 and has seen a high of Rs 4,942.00 and a low of Rs 4,841.00
Hindalco Industries has gained 1.99% to reach Rs 622.45. The stock opened at Rs 625.00 and has fluctuated between Rs 619.80 and Rs 629.45. The aluminum and copper manufacturer’s performance reflects positivity in the metals sector.
We watch to see the behavior of these stocks in the next couple of days to determine the overall direction, with both of the indices dropping to close below the previous higher low 2 days ago when the market faced a crash.
