- Nifty closes above key 17200 level
- Sensex up about 448 points
- Some stocks recovered from their day’s lows on positive sentiments
On Tuesday morning Nifty (Nifty50) opened with a gain of about 91 points and successfully maintained the gap-up. Nifty remained volatile during the day and managed to close above the key level of 17200. At the close of business, the Nifty gained about 147 points, or 0.86%, while the Sensex gained about 448 points. It was a broad-based rally, as both Nifty Midcap and Nifty Smallcap gained over 1% each.
Top performers for Nifty were Sun Pharma, Asian Paints and Mahindra & Mahindra. While the stocks which were weak today were IndusInd Bank and Power Grid Corp. As the market remained positive throughout the day, some stocks recovered from their lows on the back of good sentiments. Recovery from lower levels suggests strong buying areas and is likely to continue for the next day.
Stocks making smart recovery from day’s low
bank of india
JK Laxmi Cement
For more such content, subscribe to Dalal Street Investment Journal, India’s #1 equity research and investment magazine.
Disclaimer: This content is created by Dalal Street Investment Journal and Times Internet Limited (TIL) does not take any responsibility of any promise or claim. Please take all necessary steps to ensure that the content is correct, updated and verified.