On June 10 Monday, the Indian stock market saw an upswing in several major stocks despite the Sensex and Nifty experiencing a slight downtick after Prime Minister Narendra Modi swearing in for another term. The Nifty 50 slightly declined by 0.13% closing at 23,259.20 which equals tp 30.95 pts drop from its last close. Similarly the Sensex fell by 0.27% ending the day at 76,490.08 which is a decrease of 203.28 pts. Both indices experienced minor losses amid broader market gains, reflecting cautious investor sentiment following political developments
Nifty 50 Index: TradingView
Here is a breakdown of the top 10 gainers and key market indices from the trading session today.
Ultratech Cement: Leading the pack Ultratech Cement saw a significant rise closing at 10,804.00 which is up by 3.26%. Starting the day at 10,495 the stock hit a high of 10,907.95 and a low of 10,463.15 before settling at its last traded price.
Grasim Industries: Grasim also enjoyed strong trading with its shares climbing 2.43% to close at 2,437.65. The shares fluctuated between a high of 2,472 and a low of 2,375.30 reflecting a steady investor interest throughout the day
Source: NSEIndia
Hero MotoCorp: The automotive giant was just a little behind with a 2.30% increase to end at 5,710. It traded between 5,785 at its highest and 5,581.05 at its lowest showing resilience in the market.
Cipla: This pharmaceutical heavyweight gained by 2.12% closing the day at 1,529. Its trading window ranged from 1,540.85 down to 1,502 showcasing a solid demand for its shares.
PowerGrid Corporation: With a 2.09% gain, PowerGrid shares increased to 315.80. The stock witnessed a high of 323.35 and a low of 311.60 highlighting its volatility within the trading day.
Nestle India: Nestle shares rose by 1.52%, finishing at 2,540.50. The stock’s high and low were 2,565 and 2,507.05 respectively indicating a strong buying interest near the lows.
NTPC: The energy company NTPC saw its stock increase by 1.00% closing at 364.20. It had a narrower range today with a high of 370.10 and a low of 361.80
HDFC Life: This insurer had a slight gain of 0.88% ending the day at 567.90. The stock moved between a high of 574.55 and a low of 561.30 after opening at 563.25
Tata Steel: Close on its heels Tata Steel shares edged up by 0.87% to close at 180.45 with the stock hitting a high of 182.10 and a low of 177.36 throughout the session
Axis Bank: Rounding out the top ten Axis Bank’s shares closed at 1,196.95 which was up by 0.86%. The shares reached a high of 1,212.40 and dipped to a low of 1,185 showing a consistent investor interest.
Despite the impressive performance of these top gainers, the broader market indices had a mixed day. The Nifty 50 slightly decreased by 0.13% to 23,259.20, and the BSE Sensex dropped by 0.27% to 76,490.08, both reflecting cautious optimism in the market following the political ceremonies.
