Shares of Bharti Airtel, ITC, Vedanta, Motherson Sumi, Nestle, NMDC, Idea Cellular, Adani Ports, Coal India, Hindalco, ONGC, GAIL and BHEL were among the top 24 blue-chip gainers today.
Shares of Bharti Airtel, ITC, Vedanta, Motherson Sumi, Nestle, NMDC, Idea Cellular, Adani Ports, Coal India, Hindalco, ONGC, GAIL and BHEL were among the top 24 blue-chip gainers today. Indian stock markets started on a positive note on Wednesday with Sensex and Nifty inching up to hit new all-time highs. The domestic stock market extended the gains in the morning trade for the sixth straight day on Wednesday on the back of value buying ahead of major Q3 earnings beginning from tomorrow with companies such as TCS, IndusInd Bank and Infosys.The benchmark Sensex rose as much as 122.44 points to hit a fresh record high of 34,565.63 while the wider share indicator Nifty jumped 18.5 points to hit a fresh lifetime peak at 10,655.5.
Going ahead in this week, the domestic markets are likely to be steered by upcoming quarterly results, along with the release of macroeconomic data including industrial production and inflation. The global cues such as crude oil prices, combined with the direction of foreign fund flows and the rupee’s movement against the US dollar, will also impact investors’ risk-taking appetite. Amid the high-rise in stocks, we take a look at top 24 blue-chip shares which are gaining in today’s trade.
|Scrip||Rise (%)||Last Traded Price (Rs)|
|Shriram Transport Finance||1.11||1,532.15|
In morning session, BSE Sensex gained 95.59 points to start at 34,538.78 and NSE Nifty added 15.05 points to open at 10,652.05, both the key indices marked their respective opening record highs today. Shares of heavyweight companies such as Coal India, Bharti Airtel, ONGC, Sun Pharma, Reliance Industries, ITC were the major gainers among the Sensex stocks in early trades. Coal India shares rose over 1% extending yesterday’s gain after the state-run and world’s largest coal miner hiked non-coking coal prices. Due to this revision, CIL will earn an incremental revenue of Rs 1,956 crores for the balance period of the financial year 2017-18. The projected annual incremental revenue would be Rs 6,421 crores.