Indian stock markets wrapped up Nifty Above 24k Monday with a strong rally, bringing smiles to investors across the country. The stock market had a great day, with the Sensex shooting up by 855 points to finish at 79,408.50. The Nifty also had a solid gain, jumping by almost 274 points to finish the day at 24,125.55. After a long wait since January 6, 2025, the Nifty has finally bounced back and crossed the 24,000 mark again — a clear sign that the market is regaining its strength.
The upbeat mood in the markets was fueled by solid earnings reports from major banks, renewed interest from foreign investors, and positive cues from global markets.
Nifty Above 24K- Banking Stocks Steal the Show
Banking stocks played a big role in today’s market surge, leading the way with strong gains. Bank Nifty touched a new all-time high of 55,200 today, thanks to solid performances by ICICI Bank and HDFC Bank, which gave a big boost to the overall banking sector. Other standout banks that did well today included IDFC First Bank, IndusInd Bank, Axis Bank, and AU Small Finance Bank — all showing strong gains and adding to the market’s positive momentum.. All of them delivered solid gains and added to the upbeat mood in the market.
Top Gainers of the Day
It was a positive day on Dalal Street, with most stocks seeing gains. Tech Mahindra grabbed everyone’s attention today by jumping 5%, becoming the biggest gainer among all Nifty 50 stocks. Trent followed closely, also rising nearly 5%. Other big names like IndusInd Bank, Hero MotoCorp, PowerGrid, HCL Tech, Bajaj Finance, and Mahindra & Mahindra (M&M) saw strong gains, going up between 3% and 5%.
A Few Stocks Fall Behind
While the overall mood was upbeat, a few stocks slipped into the red. Adani Ports, ITC, and HDFC saw their shares dip by around 1%. Other companies like Hindustan Unilever, Asian Paints, Nestle India, Sun Pharma, Bharti Airtel, Cipla, and Grasim also faced minor losses.
52-Week High Club: 93 Stocks Shine Bright
A total of 93 stocks touched their highest prices in a year today, showing just how positive the market mood is right now. Today’s top performers include companies like AIA Engineering, Bajaj Finserv, Bajaj Finance, Bharti Airtel, HDFC Bank, ICICI Bank, IndiGo, and Kotak Bank. These stocks reached new 52-week highs, showing great growth.
Stocks at 52-Week Lows: Gensol Keeps Falling
While the markets mostly saw a positive day, 16 stocks hit their 52-week lows. Gensol Engineering continued its decline, marking the seventh consecutive day of losses. Kesoram Industries and Sai Silks were among the other stocks that dropped to their lowest levels in the past year.
Upper Circuit Rally: 166 Stocks Hit Daily Highs
On the brighter side, 166 stocks hit their upper circuit limits today, meaning they rose as much as allowed for the day. Among these were International Gemological Institute, Hindustan Motors, JSW Holdings, and Senco Gold — all fueled by strong buying interest.
Lower Circuit Losses: 54 Stocks Hit the Day’s Low
Even though the overall market was upbeat, 54 stocks crashed to their lower circuit levels. Gensol Engineering continued to struggle, as the ongoing SEBI investigation weighed heavily on the stock. Other companies that saw notable drops were Force India and Keynote Financial Services.
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