Sensex, Nifty50 hit new all-time high yet again – RIL, HDFC twins amongst most active stocks, IRFC surges 6%
- Sensex and Nifty50 hit a new all-time high on the second consecutive day, extending the gains to the sixth consecutive day.
- Reliance Industries, ICICI Bank and HDFC twins were amongst the most active stocks on Tuesday.
- In the last five trading sessions, Sensex has gained 1.91%, while Nifty50 has gained 1.69%.
- ICICI Bank, IRFC, RVNL, Britannia Industries were amongst the stocks touching new 52-week highs on Tuesday.
AdvertisementSensex and Nifty50 hit a new all-time high on the second consecutive day, extending the winning streak to the sixth consecutive day. Reliance Industries, ICICI Bank and HDFC twins were amongst the most active stocks on Tuesday, while IRFC zoomed 6% to close the day at a new 52-week high.
Both the benchmark indices overcame the early morning weakness to scale new highs – while the Sensex touched a new high of 62,887 on intraday basis, Nifty50 scaled 18,678.
The 30-stock Sensex closed the day at 62,681, up 0.28%, while the 50-stock Nifty50 closed at 18,618, up 0.3%. Both the indices closed the day at a record high.
In the last five trading sessions, Sensex has gained 1.91%, while Nifty50 has gained 1.69%.
Amongst the most active stocks in the Nifty50 index today were Reliance Industries, ICICI Bank, HDFC Bank, HDFC, and Hindustan Unilever.
All in all, sixteen stocks hit fresh 52-week highs during the day, including ICICI Bank, Britannia, Apollo Tyres, Bank of India, Indian Railway Finance Corporation (IRFC), Rail Vikas Nigam Limited (RVNL), among others.
|Top gainers||Change||Top losers||Change|
|The New India Assurance Company||12.79%||Laurus Labs||-9.27%|
|Gland Pharma||7.75%||Allcargo Logistics||-6.91%|
|Greenpanel Industries||7.61%||Bajaj Holdings||-5.80%|
|Dabur India||6.51%||Aegis Logistics||-4.56%|
Source: NSE, Nifty500, as at November 29, 2022
“Nifty made fresh all-time highs on November 29, aided by positive Asian cues. Encouraging news from China has resurrected sentiments in Asia. Beijing rolled out more stimulus measures, while social media rumours suggested that the Chinese government was considering the scaling back of its anti-Covid policies,” said Deepak Jasani, head of retail research, HDFC Securities.
Amongst the top sectoral gainers today were FMCG, metals and pharma, while PSU banks, auto and realty closed the day in red.
Rupee posted a marginal decline of 6 paise against the US Dollar, hovering around 81.72.
Foreign institutional investors (FII) were net buyers on Tuesday, ploughing in ₹1,242 crore, while domestic institutional investors (DII) sold equities worth ₹744 crore.
$NIFTY50.NSE Now All time high Strong Support 18000 and Short term Possible target 20000— (@ChartAddict007) November 29, 2022
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