The stock market reached new highs for the fourth consecutive day this week with the Nifty 50 touching 24,010.60 and the BSE Sensex hitting 79,032.73. However both indices closed slightly lower ending the week in negative territory. The Nifty 50 ranged between 23,985.80 and 24,174.00 while the Sensex fluctuated between 78,905.89 and 79,671.58. Despite the minor setback both indices remain near their 52-week highs reflecting the overall bullish sentiment in the market.
Dr. Reddy’s Laboratories emerged as the top gainer opening at 6,255.45 and reaching a high of 6,420.00. The stock’s low for the day was 6,251.05. With a previous close of 6,235.90 its last traded price (LTP) of 6,400.00 represented a 2.63% increase.
Oil and Natural Gas Corporation also performed strongly opening at 269.00 and hitting a high of 275.45. The stock’s low was 268.35. Its LTP of 274.35 marked a 2.56% rise from its previous close of 267.50.
Reliance Industries saw positive movement opening at 3,062.05 and reaching a high of 3,162.00. The stock’s low matched its opening price while Its LTP of 3,128.25 represented a 2.19% increase from its previous close of 3,061.10.
Hero MotoCorp opened at 5,500.00 and climbed to a high of 5,605.25 with a low of 5,452.10. The stock’s LTP of 5,590.00 was up 1.91% from its previous close of 5,485.20.
SBI Life Insurance started the day at 1,450.10 and reached a high of 1,498.80. The stock’s low was 1,450.00. With an LTP of 1,491.00 it gained 1.88% from its previous close of 1,463.45.
Tata Motors opened at 975.00 and hit a high of 998.50 with a low of 972.55. The stock’s LTP of 989.20 represented a 1.76% increase from its previous close of 972.10
Divi’s Laboratories started at 4,522.35 and reached a high of 4,648.45. The stock’s low matched its opening price. Its LTP of 4,599 was up 1.69% from its previous close of 4,522.35
Coal India opened at 470.00 and hit a high of 476.00 with a low of 468.00. The stock’s LTP of 473.50 marked a 1.38% increase from its previous close of 467.05
Asian Paints began the day at 2,865.00 and climbed to a high of 2,932.00 with a low of 2,862.20. The stock’s LTP of 2,916.50 represented a 1.24% gain from its previous close of 2,880.85.
Grasim Industries opened at 2,635.95 and reached a high of 2,678.95 and with a low of 2,587.20. The stock’s LTP of 2,668.00 was up 1.15% from its previous close of 2,637.60.
