Positive Sentiment Sweeps Market: Sensex at All-Time High, Nifty Closes Above 22,000

15 Jan 2024 , 01:21 PM

Dalal Street today is undeniably bullish, fueled by a potent cocktail of record highs, tech-driven buying, and outperformance over broader markets. Here’s a breakdown of the key indicators:

Sensex: Soared past 73,000 for the first time ever, a staggering 616.75 points (0.85%) surge.

Nifty: Breached the 22,000 mark with a robust 165.80 points (0.76%) jump.

Tech Takes the Lead:

Buying frenzy gripped tech stocks, propelling the rally and leaving broader markets in their wake.

Positive Sentiment:

Advance-decline ratio heavily favored bulls, with 1797 stocks advancing compared to 1548 decliners.

Top Gainers (Nifty):

Wipro leads the pack with a strong surge, exceeding 6% gains.

ONGC follows closely with a healthy increase above 4%.

HCL Tech and Infosys continue their upward climb, both showing solid gains.

Tech Mahindra rounds out the top 5 with a near 2% gain.

Top Losers (Nifty):

HDFC Life takes the biggest hit among both indices, falling over 3%.

Bajaj Finance follows with a significant decline just shy of 2%.

TATA Cons. Prod and Hindalco experience modest downturns.

Eicher Motors closes out the list with a near 1% decline.