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Stock market today: Sensex, Nifty hit fresh highs, will the rally continue?
Stock market today: The S&P BSE Sensex hit a fresh lifetime high of 74,658 and Nifty reached a new peak of 22,623.
Stock market today: Domestic benchmark indices opened on a strong note today (April 8) following positive global cues from the US markets on Friday. The S&P BSE Sensex hit a fresh lifetime high of 74,658 and Nifty reached a new peak of 22,623 while buying action was seen in IT and auto counters. For Nifty, 41 stocks traded in the green around 9:20 am while nine were in the red.
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Nifty top gainers today
Top gainers were Bharat Petroleum Corporation (BPCL), Tata Steel, Axis Bank, Bajaj Finserv and Titan Company while top losers were Adani Ports & Special Economic Zone, Apollo Hospitals, Wipro, Divi's Laboratories and HDFC Bank.
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Which sectors gained most at Nifty?
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Energy, realty and metals gained the most and out of the 15 Nifty sectoral indices, 12 were trading in the green today. Nifty Oli & Gas and Nifty Realty gained over 1% around this time and Auto and IT sectoral witnessed buying action as well. Nifty Bank traded 0.09% lower at 48,448.
Wipro among top Nifty losers today
Read more: Voltas AC shares up 10% as it crosses 2 million unit sales mark in FY24: More upside possible?
Wipro was among the top Nifty losers and fell 1% as the stock hit day's low of ₹479.20 on the NSE. This comes after Thierry Delaporte resigned as the Chief Executive Officer of the IT services company.
Voltas AC jumps 11%
Shares of Tata Group stock Voltas jumped by 11% after the company reported a sale of 2 million AC units in FY 2023-24. The stock hit a fresh 52-week high of ₹1,392 today.
