Fri, Sep 20, 2024 3:26 PM
Tata Motors, ESAF Small Finance Bank Collaborate For CV Financing
A Flip by Shubhangi Gupta
📌Top gainers in the Nifty index included Mahindra & Mahindra (up 5.48%), ICICI Bank (up 3.60%), JSW Steel (up 3.50%), Larsen & Toubro (up 2.99%), and Bharti Airtel (up 2.82%). 📌Top losers in the Nifty index were Grasim Industries (down 2.22%), State Bank of India (down 1.04%), Indusind Bank (down 0.31%), Tata Consultancy Services (down 0.26%), and Bajaj Finance (down 0.10%).
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Over 250 stocks, including ICICI Bank and Bharti Airtel, reached new 52-week highs on the BSE, with the Sensex and Nifty 50 achieving record gains. Investors earned about ₹6 lakh crore in a day as the overall m-cap of the firms listed on the BSE rose to a record ₹472 lakh crore from ₹466 lakh crore in the previous session.
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The Nifty formed a long bull candle, which indicates a decisive upside breakout of the range movement witnessed in the last 4-5 sessions. The Nifty has broken above the range as well as the trend line resistance around 25,500 levels.A long bull candle was formed on the daily chart. The short-term trend of Nifty is sharply positive.
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