Nifty 50 closed today at 19638.30, up from the previous day’s close at 19523.55. The increase of 0.59% can be linked to the gains showered by the healthcare, pharma, media, and banking sectors.
While the market today opened at 19581.20, Nifty moved between 19551.05 and 197236.25 throughout the day. In the past 30 days, Nifty 50 has offered a 0.94% return to its investors. Look at the NSE top gainer that helped the market advance today.
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15 NSE Top Gainer Stocks Today
1.Hindalco: This is the top gainer today. This company’s share price increased by 5.60% in today’s session. The stock closed in the previous session at Rs. 466.85; today, it closed at Rs. 493, offering a return of 2.73% in the past 30 days. The positive sentiment around this stock can be attributed to its collaboration with Metra Group of Italy to manufacture Vande Bharat coaches
2. NTPC: This stock moved by 8.95 points or 3.78% during the day. The closing price of NTPC was Rs. 246, while the previous day’s close was Rs. 237.05. The company offered a 7.21% return in the previous 30 days. Today, the stock also hit its 52-week high after initiating its 800 MW power project.
3. Dr Reddy: This pharma stock gained 2.97% today and closed at Rs. 5590.50. However, in the past 30 days, it has offered a negative return of 5.15%.
4. Hero Moto Corp: The stock surged by 2.85% in today’s session As the festive season nears, the sales of this two-wheeler giant are expected to go up.
5. Tata Motors: Another Automobile company on the list of top gainers today. This stock jumped by 2.75% and closed at Rs. 631 today.
6. Divi’s Laboratories Ltd: This is another pharma stock that went up today by 2.7%. The rise could be due to the overall pharma sector gaining momentum today.
7. Apollo Hospital: This healthcare stock has surged by 2.49% today could be due to its acquisition of a new campus area worth Rs. 102 crores in Kolkata.
8. Sun Pharmaceuticals: This popular pharma stock gained 2.41% today. The pharma giant launched a novel topical treatment and announced a buyout of local partner Indi Pharma for Rs. 75 crore.
9. ONGC: With a gain of 2.29%, this oil and gas giant became the ninth top gainer stock. The price has surged as crude oil prices are at a 1-year high.
10. CIPLA: Another pharma stock on the list as the pharma sector is a real winner in today’s session. This stock gained 2.14% as investors are positive about its collaboration talk with Torrent Pharmaceuticals Ltd and other similar pharma firms.
11. Grasim: This stock gained 1.99% in today’s session owing to positive market sentiment.
12. UPL: This pesticides & agrochemical stock gained 1.92% after HSBC maintained a ‘buy’ rating on UPL with a target of Rs 775 per share. “It says the company’s balance sheet remains protected.”
13. Tata Steel: Gone up by 1.77% in today’s session primarily due to positive market sentiment and upcoming merger and acquisition news.
14. Coal India: This stock gained momentum as the trade union strike has been postponed, and management is in talks with the trade union to settle issues. The stock gained 1.72% today.
15. SBI Life: This insurance company gained 1.60% in today’s session upon announcing the appointment of Amit Jhingran as the Managing Director and CEO from 1st October 2023.
With the festive season and rising crude prices, the positive market sentiment had most stocks end the day in the green today.
I’m Archana R. Chettiar, an experienced content creator with
an affinity for writing on personal finance and other financial content. I
love to write on equity investing, retirement, managing money, and more.