On Monday's, (July 17), trading session, the Nifty and Sensex, the domestic benchmark indices, continued their impressive performance, touching new records. Despite concerns of an economic downturn in major economies due to weak global cues, particularly after China's release of its second-quarter growth data, both indices managed to surge ahead.
Significantly, both key indices achieved new closing highs and intraday record highs. Sensex concluded the day at its fresh closing peak of 66,589.93, marking a remarkable increase of 529 points or 0.80%. Similarly, the Nifty also experienced a surge, closing at its fresh high of 19,711.45, representing a gain of 147 points or 0.75%.
It is worth noting that small caps outperformed other categories, primarily due to their attractive valuations, which remained below the long-term average when compared to large and mid-caps. Vinod Nair, the Head of Research at Geojit Financial Services, expressed optimism about this trend.
Here's a breakdown of the top gainers and losers in the stock market during the July 17 trading session:
BSE Sensex-Top gainers: State Bank of India Ltd (up 2.81%), Wipro Ltd (up 2.54%), Reliance Industries Ltd (up 2.10%), HDFC Bank Ltd (up 2.07%), and Kotak Mahindra Bank Ltd (up 1.45%).
BSE Sensex- Top losers: Tata Motors Ltd (down 1.02%), Bharti Airtel Ltd (down 0.89%), Titan Ltd (down 0.70%), JSW Steel Ltd (down 0.66%), and Mahindra & Mahindra Ltd (down 0.57%).
NSE Nifty 50: Top gainers: State Bank of India Ltd (up 3.01%), Wipro Ltd (up 2.68%), Dr. Reddy's Laboratories Ltd (up 2.52%), Grasim Industries Ltd (up 2.33%), and HDFC Bank Ltd (up 2.06%).
NSE Nifty 50 Top losers: Oil & Natural Gas Corporation Ltd - ONGC (down 1.68%), Hero MotoCorp Ltd (down 1.32%), Tata Motors Ltd (down 0.94%), Titan Ltd (down 0.93%), and Bharti Airtel Ltd (down 0.89%). BSETop gainers: Sterling and Wilson Renewable Energy Ltd (up 15.69%), Venky's (India) Ltd (15.11%), Indiabulls Real Estate Ltd (up 10.93%), Jindal Saw Ltd (up 9.49%), and Vaibhav Global Ltd (up 8.64%).
BSE Top losers: Route Mobile Ltd (down 8.52%), Angel One (down 7.42%), CCL Products (India) Ltd (down 6.84%), Chennai Petroleum Corporation Ltd (down 4.33%), and JSW Energy Ltd (down 3.78%).
NSE Top gainers: Precision Camshafts Ltd (up 20%), Dangee Dums Ltd (up 20%), Chemfab Alkalis Ltd (up 20%), We Win Ltd (up 20%), and GTPL Hathway Ltd (up 19.99%).
NSE Top losers: Shree Ram Pro Ltd - Re (down 33.33%), Datamatics Global Services Ltd (down 20%), Menon Bearings Ltd (down 7.85%), Route Mobile Ltd (down 8.04%), and Khaitan (India) Ltd (down 7.57%).
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