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Market at Strong Footing, Top Rising Stocks Today

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  • Among top biz-buzz, shares of Bajaj Consumer Care slipped 7.45% after about 3.24-cr shares or 22-pc equity traded in large trade.
  • Shares of Adani Transmission jumped over 6% to Rs.238.75   per share on the acquisition of WRSSTL. 
  • Shares of Hindustan Unilever advanced 2.27% after firmer Q2 numbers.

Market Closing Updates: Benchmark indices of the Indian stock markets made a spectacular rally on Tuesday driven by Auto and metal stocks. Banking indices also rallied as investors hoped for more rate cuts from the RBI amid a recent rise in retail inflation.

The Auto index outperformed with 2.23% impetus in the Nifty auto index, led by a stellar rally in auto names viz Eicher Motors, Bosch and TVS Motors.

Eicher Motors share price thus ended higher to 19,187.90-apiece, up by 4.69% i,e rise of Rs.859.95 in a share, while Bosch and TVS Motors ended firmer by 3.1% and 3.6% respectively.

The Sensex closed at 38506-landmark, up by 292-points, while the Nifty50 of the NSE ended 87 points higher at 11,428-mark.

Top Nifty gainers in the sequence are Eicher Motors, Vedanta, Zee Entertainment, ONGC and Hero Motor Corp, while top losers were namely Bharti Airtel, Infosys and Bharti Airtel in today’s trading session. For Free stock tips  visit our website.

Meanwhile, post-market hours, the IT major Wipro reported a 35.8-pc increase in net profit for the Q3FY 2019-20 at Rs.2561.30-Cr from Rs.1885.70-Cr, on Year-on-year basis. Shares of Wipro closed slightly higher, up 0.02%, at Rs243.50 per share

Among top biz-buzz today, the share of Bajaj Consumer Care slipped 7.45% after about 3.24cr shares or 22-pc equity traded in large trade. Get best stock Tips from the experts.

Shares of Adani Transmission jumped over 6% to Rs.238.75   per share on the acquisition of WRSSTL. 

Shares of Hindustan Unilever advanced 2.27% after firmer Q2 numbers.