Stock Market Zooms: Five Stocks That Rallied In Nifty and Sensex Today - List

The BSE Sensex and the NSE Nifty50 zoomed on Monday as bulls continued to run wild on the D-Street, pushing the indices higher. Thanks to the tailwinds provided by a strengthening rupee, and a renewed interest by the Foreign Institutional Investors (FIIs) despite the tariff woes, Nifty and Sensex rose 1.34 per cent each, stretching their winning streak on a sixth consecutive day.

The broad-based rally in the stocks today was led by banking stocks as well as realty stocks. Exuberant buying was seen across sectors as FMCG, IT, Metals, Auto, Energy and PSU Banks traded in the green zone throughout the trading day.

At market close, 30-pack BSE Sensex jumped 1,107 points to hit an intraday high of 78,107, while 50-pack NSE Nifty 50 climbed 307 points to close at 23,658.

Jatin Gedia, Technical research Analyst of Mirae Asset Sharekhan in his technical view said, “Nifty opened gap up today and traded with a positive bias throughout the day to close with gains of 308 points.”

“On the daily charts we can observe that the Nifty has seen a perpendicular rise in the last six trading sessions with a rally of 1,350 points. The upmove is likely to continue towards 23,800, which coincides with the previous swing high of February and beyond that it can stretch higher towards the psychological level of 24,000. Traders should continue to ride the upmove with a trailing stoploss placed at 23,433,” he added.

Five Stocks That Led The Rally In Nifty And Sensex Today

Here are five stocks that led the rally in Nifty and the BSE Sensex today:

NTPC: On the BSE Sensex, the shares of NTPC rose by 4.61% to Rs 367.35 per share, while on the Nifty50, the shares jumped by 4.47% to Rs 367 per share.

Kotak Bank: The shares of Kotak Bank rose by 4.51% on the BSE Sensex to Rs 2,178, per share, while on the Nifty50 the shares of the bank rose by 4.86% to Rs 2,180 per share.

SBI: While the shares of the State Bank of India rose by 3.77% to Rs 781.40 per share, the share increased by 3.69% to Rs 781 per share on the Nifty50.

Tech Mahindra: The shares of Tech Mahindra rose by 3.54% to Rs 1,460 per share on the BSE Sensex, while on the Nifty50 the share price increased by 3.60% to Rs 1,459.95 per share.

PowerGrid: The stocks of PowerGrid on the BSE Sensex climbed by 3.14% to Rs 291.90 per share while the shares also climbed by 3.14% on the Nifty50 to Rs 292, per scrip.

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