Market Highlights: Stocks Surge to New Highs, Others Plummet on NSE

NEW DELHI: On Monday, several companies saw their stock prices reach new heights. NACL Industries, Kamat Hotels, Avanti Feeds, India Shelter Finance Corp, and Blue Jet Healthcare all hit their highest prices in the past year when trading on the NSE (National Stock Exchange) ended for the day. The main stock index, NSE Nifty, rose by 111.55 points, closing at 22,508.75. This increase came from strong buying activity in popular and well-known companies.

However, not all stocks performed well. Companies like Goldstone Tech, Inventurus Knowledge, Global Education, Asian Oilfield, and Binani Industries fell to new lows in their stock prices. In total, 32 stocks in the Nifty 50 index went up in value while 18 saw decreases.

Today’s biggest winners in the Nifty 50 index were Dr. Reddy’s, Bajaj Finserv, SBI Life, Trent, and Axis Bank. On the other hand, some big names like Wipro, BPCL, Britannia, Hero MotoCorp, and ITC saw their stock prices drop.

The BSE Sensex also had a good day, climbing up by 341.04 points to close at 74,169.95. Traders were actively buying stocks in sectors like General, IT Services, Auto, and Pesticides. However, there was selling in sectors like Leather, Textiles, Agro Processing, Trading, and Miscellaneous stocks.