Market Overview - Equity indices experienced a significant rally on Monday, driven by positive investor sentiment, renewed foreign fund inflows, a stronger rupee, and favorable global market cues [1] - The benchmark indices, Sensex and Nifty 50, traded near their day's highs, with Sensex up by 536.16 points (0.63%) at 85,465.52 and Nifty 50 increasing by 179.30 points (0.69%) to 26,145.70 [1] Sector Performance - Smallcap stocks outperformed midcap stocks with a 1.10% increase, while all sectoral indices, except realty, showed positive performance [2] - IT and metal indices rose nearly 2%, indicating strong sectoral gains [2] - Market breadth was positive, with 2,269 stocks advancing, 801 declining, and 103 unchanged, reflecting robust investor participation [2] Notable Stocks - Shriram Finance, Wipro, Infosys, Bharti Airtel, and Hindalco were among the top gainers in the Nifty 50, while State Bank of India, HDFC Life, Tata Consumer Products, SBI Life, and Kotak Mahindra Bank saw the most significant declines [3] - In the midcap index, Cochin Shipyard and National Aluminium surged by 5-6%, while SAIL, RVNL, KEI Industries, and UPL increased by 3-4% [5] - Smallcap stock JWL experienced a remarkable rally of 14%, with GRSE, Hindustan Copper, KEC International, and MCX rising by 5% [5] Market Momentum - A total of 82 stocks reached their 52-week highs, while 45 stocks hit their 52-week lows, indicating strong market momentum [4] - Nearly 78 stocks were locked in upper circuits, significantly outnumbering the 38 stocks in lower circuits, further emphasizing the bullish market sentiment [4]
Top gainers, losers on NSE, BSE Mid day 22nd Dec: Sensex gains over 500 pts, Nifty above 26,100 level, Shriram Finance, Wipro, Infosys lead gainers
BusinessLine·2025-12-22 08:18