Markets at fresh record highs; FMCG, metals outperform

29 Nov 2022 , 02:00 PM

Domestic benchmark indices trading in the green after the flat opening on Tuesday’s market session. Both the Sensex and Nifty benchmarks had begun its fast rally with metal and FMCG stocks. Sensex and Nifty hit record highs yet again led by gains in FMCG and metal stocks led by positive Asian cues.

On the sectoral front FMCG index outperforming by rising over 800 points with metal, IT surged 1.5% and 0.7% respectively.

At around 2:00 PM, Sensex was trading at 62,865.89 higher by 361.09 points or 0.58%. Nifty 50 traded at 18,671.75 higher 109 points or 0.59%

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Top Bulls on Nifty are: HUL (+3.5%), JSW Steel (+2.2%), Hindalco (+1.8%) supported by Tata Steel (+1.72%) and Nestle India (+1.7%). Meanwhile, top losers on Nifty are: Bajaj Finserv (-1.2%), IndusInd Bank (-1.1%), Coal India (-0.72%), Power Grid (-0.7%) and BPCL (-0.69%).

Furthermore, NDTV stock hits 5% upper circuit after the Company’s promoter group RRPR Holding issued shares constituting 99.5% of its share capital to the Adani Group-owned Vishvapradhan Commercial.

Meanwhile, both Nifty and Sensex indexes had notched closing highs for the third straight session on Monday.

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