The Indian stock market is soaring to unprecedented heights each day with both the NIFTY 50 and BSE Sensex reaching all-time highs for the fourth consecutive day this week. As of writing the NIFTY 50 has climbed above 24,100 and trading at 24,121.15 which is up by 0.32% or 76.65 points. The index has been trading between 24,009.15 and 24,174.00 so far today.
Nifty 50 Index: TradingView
The BSE Sensex is currently at 79,443.83 showing a gain of 0.25% or 200.65 points. Today’s trading range for Sensex so far is 79,079.59 to 79,671.58 and with the previous close at 79,243.18.
Reliance Industries leads the pack of top 10 gainers opening at 3,062.05 and reaching a high of 3,162.00. The stock’s low for the day stands at 3,062.05. Currently Reliance is trading at 3,156.00 marking a 3.10% increase from its previous close of 3,061.10.
Dr. Reddy’s Laboratories is experiencing strong growth opening at 6,255.45 and touching a high of 6,420.00. The stock’s low for the day is 6,251.05. With an LTP of 6,400.25 DRREDDY has gained 2.64% from its previous close of 6,235.90 so far
Source: NSEIndia
Oil and Natural Gas Corporation is also showing strong performance opening at 269.00 and reaching a high of 275.45. The stock low for the day is 268.35. ONGC LTP stands at 274.55 representing a 2.64% increase from its previous close of 267.50.
Tata Motors is also riding the bullish wave opening at 975.00 and hitting a high of 998.50. The stock’s low for the day is 972.55. With an LTP of 996.30 it has gained 2.49% from its previous close of 972.10.
Hero MotoCorp is making significant strides opening at 5,500 and reaching a high of 5,605.25. The stock’s low for the day is 5,452.10. Its LTP is 5,589.15 marking a 1.90% increase from its previous close of 5,485.20.
SBI Life Insurance is showing positive momentum opening at 1,450.10 and touching a high of 1,498.80. The stock’s low for the day is 1,450.00. With an LTP of 1,488.40 SBI has gained 1.70% from its previous close of 1,463.45.
State Bank of India is also bullish after opening at 846.90 and reaching a high of 864.00. The stock’s low for the day is 844.00. SBIN LTP stands at 856.70 representing a 1.50% increase from its previous close of 844
Divi’s Laboratories is making gains also after opening at 4,522.35 and hitting a high of 4,648.45. The stock’s low for the day is 4,522.35. With an LTP of 4,582.00 it has gained 1.32% from its previous close of 4,522.35.
Coal India is showing steady growth opening at 470.00 and reaching a high of 476.00. The stock low for the day is 468. Its currently trading at 473.10 marking a 1.30% increase from its previous close of 467.05.
Grasim Industries rounds out the top 10 gainers opening at 2,635.95 and touching a high of 2,678.95. The stock’s low for the day is 2,587.20. Grasim has gained 1.27% from its previous close of 2,637.60 to trade currently at 2,671.00.
As the market continues to trade bullish after a strong long-legged bullish weekly candlestick was recorded a few weeks ago, we are closely watching top stocks and their potential impact on the overall market outlook.
