Market News
3 min read | Updated on September 25, 2024, 18:15 IST
SUMMARY
As many as 135 stocks hit 52-week highs, while 34 stocks hit 52-week lows. Both benchmark indices closed at record highs, with NIFTY settling above 26,000 and SENSEX surpassing 85,000 at close for the first time.
Stock list
Top gainers and losers: PowerGrid, Axis Bank, NTPC major movers as NIFTY holds 26K level
Key indices recovered early losses and closed at record highs on Wednesday, with NIFTY settling above 26,000 level, driven by late buying in banking, pharma and power sector shares. SENSEX also settled above 85,000 for the first time.
In a see-saw trade, the 50-issue NIFTY closed at 26,004, up by 63.75 points, or 0.25%. As many as 30 of its components ended in the green. After a gap-down opening, the benchmark index slipped 69 points to hit a low of 25,871 in afternoon deals. However, recovery in banking and power shares helped the index trim losses and trade in the green in the pre-close session. The index hit a high of 26,032 in intraday trade.
Benchmark SENSEX closed above the 85,000 mark at 85,169, up by 255 points, or 0.3%. After a weak opening, the index shed 171 points to hit a low of 84,743. Buying in the pre-close session pulled the index out of the red zone and hit a high of 85,247.
Market breadth remained negative. Out of 2,874 stocks traded, 1,594 declined, and 1,197 advanced. As many as 135 stocks hit 52-week highs, while 34 stocks hit 52-week lows.
Among other stocks ending in the red, Hero MotoCorp, Wipro, Kotak Mahindra Bank and JSW Steel declined between 0.7% and 1%.
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