Nifty 50 and Sensex recorded gains on Friday with the Nifty 50 rising 428.75 points or 1.76% to close at 24,834.85 while the Sensex jumped 1,292.92 points or 1.62% to end at 81,332.72. The day’s trading range for Nifty 50 was 24,410.90 to 24,861.15 high and for Sensex was 80,013.60 low to 81,427.18
Nifty 50 Index Monthly Chart: TradingView
Weekly performance showed Nifty 50 surging 1.24% or 303 points and Sensex gaining 0.90% or 728 points. Q1 FY24-25 results so far indicate revenue growth of 13.67% YoY and net profit increase of 7.92% YoY based on 566 out of 4,425 companies reporting.
For the monthly gains, Nifty 50 has so far gained 3.43% or 824.25 points while Sensex has gained 2.91% or 2,299 Points.
Source: Trendlyne
Oil And Natural Gas Corporation saw a 24.0% monthly gain despite a 3.7% weekly increase. Its last traded price was 331.6 with a Friday decline of 4.20 points or 1.3%.
SBI Life Insurance Company recorded a 19.7% monthly gain and a 6.3% weekly increase. The stock LTP was 1751.0 rising by 55.55 points or 3.3% on Friday.
Infosys Ltd showed a 19.4% monthly gain and a 4.8% weekly increase. Its LTP stood at 1878.9 with a Friday gain of 54.05 points or 3.0%.
HDFC Life Insurance Company experienced an 18.6% monthly gain and a 10.6% weekly increase. The stock LTP was 703.4 rising by 20.20 points or 3.0% on Friday.
ITC Ltd saw an 18.0% monthly gain and a 5.8% weekly increase. Its LTP was 502.2 with a Friday gain of 12.25 points or 2.5%.
Tata Motors Ltd recorded a 15.0% monthly gain and a 13.0% weekly increase. The stock LTP was 1118.3 rising by 27.35 points or 2.5% on Friday.
Tata Consumer Products Ltd showed a 13.2% monthly gain. Its LTP was 1213.7 with a slight Friday increase of 5.07 points or 0.4%.
Sun Pharmaceutical Industries Ltd experienced a 13.1% monthly gain and a 9.3% weekly increase. The stock LTP was 1714.3 rising by 48.45 points 2.9% on Friday.
HCL Technologies Ltd saw a 12.4% monthly gain and a 2.6% weekly increase. Its LTP stood at 1635.4 with a Friday gain of 47.75 points or 3.0%.
Tata Consultancy Services recorded an 11.5% monthly gain and a 2.0% weekly increase. The stock LTP was 4387.9 rising by 65.35 points or 1.5% on Friday.
