The stock market witnessed a robust performance in the Friday session, with the 30-share BSE Sensex closing up by an impressive 969.55 points at 71,483.75. Let’s delve into the dynamics of the mining sector and notable gainers and losers in this market rally.
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Mining Stocks Highlights:
Top Gainers:
- Oriental Trimex: Surged by 19.88%
- Sandur Manganese & Iron Ores: Marked an increase of 3.95%
- Madhav Marbles and Granites: Recorded a gain of 3.37%
- Lexus Granito: Showed an uptick of 2.06%
- NMDC Ltd: Experienced a rise of 1.62%
- Coal India: Registered a modest increase of 0.69%
- Ashapura Minechem: Marginal gain of 0.07%
Top Losers:
- Pokarna: Declined by 2.31%
- MOIL: Experienced a dip of 1.28%
- Gujarat Mineral Dvpt Corporation: Marked a decrease of 1.28%
- 20 Microns: Showed a decline of 0.72%
- KIOCL: Experienced a marginal dip of 0.33%
- Aro Granite Industries: Recorded a decrease of 0.30%
- Orissa Minerals Development Company: Slight dip of 0.20%
Market Indices:
- NSE Nifty50 Index: Ended 273.95 points up at 21,456.65.
- BSE Sensex: Closed up by 969.55 points at 71,483.75.
Top Nifty Gainers:
- HCL Technologies Ltd.: Surged by 5.42%
- Tata Consultancy Services Ltd.: Recorded an increase of 5.28%
- Infosys Ltd.: Showed a gain of 5.12%
- State Bank of India: Marked an uptick of 3.94%
- Tata Steel Ltd.: Experienced a rise of 3.37%
- Adani Enterprises Ltd.: Recorded an increase of 3.37%
- NTPC Ltd.: Registered a gain of 3.28%
- Tech Mahindra Ltd.: Showed an uptick of 3.27%
- LTIMindtree Ltd.: Experienced a rise of 3.11%
- Wipro Ltd.: Recorded an increase of 2.79%
Top Nifty Losers:
- Nestle India Ltd.: Declined by 1.72%
- HDFC Life Insurance Company Ltd.: Experienced a dip of 1.67%
- Bharti Airtel Ltd.: Marked a decrease of 1.25%
- SBI Life Insurance Company Ltd.: Showed a dip of 1.18%
- Bajaj Auto Ltd.: Experienced a decline of 0.94%
- Britannia Industries Ltd.: Recorded a decrease of 0.66%
- Maruti Suzuki India Ltd.: Slight dip of 0.64%
- Eicher Motors Ltd.: Showed a decline of 0.64%
- ITC Ltd.: Declined by 0.41%
- Kotak Mahindra Bank Ltd.: Slight dip of 0.17%
Conclusion:
The stock market exhibited a positive sentiment, with mining stocks displaying mixed results. Investors should closely monitor sectoral movements and individual stock performances for strategic decision-making in this dynamic market scenario.
