The Indian stock exchange landscape reached a significant milestone as BSE-listed entities crossed the $4 trillion mark in market capitalization today. The Sensex index surged by 728 points, closing at 66,902, while the Nifty index rose by 207 points to 20,097. The rally was led by various sectors, with notable performances from Tata Motors (NS: TAMO ) (NYSE: TTM ), healthcare, and energy stocks.
Tata Motors saw its share price reach record levels at Rs 712.15, a surge attributed to the buzz around its subsidiary's impending public offering.
In the energy sector, oil company stocks achieved yearly highs as investors reacted to the upcoming OPEC conference. The details of the conference remain under close watch, as outcomes could significantly impact global oil prices and energy stocks.
The healthcare sector also witnessed significant movement. Aster DM Healthcare (NS: ATRD )'s shares soared by 19% to Rs 396.15, while Yatharth Hospitals experienced an 11% drop to Rs 386 following a new government mandate.
Siemens (NS: SIEM ), despite posting positive quarterly results, saw a marginal drop in its share price to Rs 3630. Similarly, Lemon Tree (NS: LEMO ) Hotels' shares declined slightly to Rs 113.9 after news of an executive resignation.
Meanwhile, Hinduja Global (NS: HGSL ) Solutions' stock inched up by 1% to Rs 955.3 amidst financial scrutiny by tax authorities, indicating investor confidence despite the ongoing investigations. Capacite Infra's shares dipped over 1% to Rs 255.8, even though the company secured a lucrative deal.
IREDA's equity surged by an impressive 87% to Rs 60 after a successful initial public offering (IPO).
In the food delivery space, Zomato (NS: ZOMT )'s valuation improved by over 2% to Rs 116.6, triggered by significant trading activity early in the session.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.