Today, the Indian stock market witnessed a positive movement with the Nifty 50 gaining 41.30 points reflecting a 0.17% increase to close at Rs 24,811.50. Similarly, the BSE Sensex rose by 147.89 points or 0.18%, finishing at Rs 81,053.19.
The Nifty Bank Index also performed well, climbing by 300.15 points to reach Rs 50,985.70, marking a 0.59% increase. Among the top gainers today, Grasim Industries Ltd, Tata Consumer Products Ltd, Bharti Airtel Ltd, Tata Steel Ltd and ICICI Bank Ltd stood out for their significant performances.
Nifty 50 Index: TradingView
Grasim Industries Ltd opened at Rs 2,694.45 and experienced a high of Rs 2,772.95 gaining 68.65 points or 2.56% as of writing. The stock showed strong upward momentum breaking through a key level and filling a gap indicating bullish sentiment. The next target suggests the next target could be Rs 2,877.75, with support around Rs 2,680.
Tata Consumer Products Ltd opened at Rs 1,184.05, reaching a high of Rs 1,209.45 gaining 28.45 points or 2.42% as of writing. The stock was rejected at Rs 1,160 support indicating strong bullish behavior. The next resistance and target level is projected to be Rs 1,253.70 high with a support level near Rs 1,160.
ICICI Bank Ltd opened at Rs 1,182.00, reached a high of Rs 1,192.00, and traded at Rs 1,191.10 as of writing gaining 16.25 points or 1.38%. The stock is trading within a rising channel, with the next resistance projected at Rs 1,257.80 and support at Rs 1,130. The bullish trend is supported by key technical indicators and if the stock breaks through the current resistance, further gains are expected.
These top gainers demonstrate strong market activity, with most showing bullish patterns supported by strong technical indicators.
