Published : 6 July 2023
By : Sachin Gupta
Benchmark indices reached new record highs today, with the Nifty 50 surmounting the 19,500 barrier during the day.
Despite weak global cues, foreign investors continue to unwaveringly support the domestic market, contributing to the continuation of the rally.
As preliminary & economic data point to positive Q1FY24 results, the mid and small-cap segments have outperformed the benchmark index, with real estate, oil & gas, power, and consumer stocks leading the sectorial rally.
Mahindra & Mahindra, Apollo Hospital, Power Grid, Reliance Industries (RIL), Tata Motors, and BPCL were the top gainers on the Nifty 50 index
Eicher Motors, HDFC Life, Maruti Suzuki, Bajaj Finance, and HCL Tech were the top losers on the Nifty 50 index.