Markets

Indian Markets Surge with Key Stocks Capturing the Spotlight

Published November 21, 2023

Indian stock markets showcased a robust performance during Tuesday's trading session, as widespread gains propelled the markets upwards. The Nifty index embraced an upward trajectory, marking a 0.45 percent rise which translates to an 89-point increase, concluding the day at 19,783. This surge led the broader markets to soar to unprecedented all-time highs for a second consecutive day, reflecting a solidifying strength in the market's undertone.

Top 10 Buzzing Stocks on D-Street

During this lively session, several stocks emerged as newsmakers, drawing significant attention from market participants.

Titan: The limelight shone brightly on Titan as its shares reached a pinnacle never seen before. This leap followed CLSA's favorable upgrade of the stock to a 'Buy' status, infusing optimism among investors.

Coal India: Meanwhile, Coal India retained a stable position, its shares settling flat at Rs 334.1, marking the day as it traded ex-dividend.

Oberoi Realty: Oberoi Realty's stock witnessed an impressive ascent, ending at 4 percent higher. This upward spike came in the wake of the company's announcement of new residential project launches in Thane.

IT Stocks: The Nifty IT index, however, did not fare as well, experiencing a downturn amid contrasting target views from brokerage firm Bernstein.

ABB: A slight downtrend was seen in shares of electrical giant ABB, which closed at Rs 4,335.75 following an agreement with Titagarh Wagons.

KEC International: Even as KEC International announced securing an order worth Rs 1,005 crore, its stock concluded the day slightly red, with a 0.6 percent decline at Rs 596.

IRCTC: Contrary to the sluggishness in some sectors, IRCTC shares experienced an uptick of 1 percent, reaching Rs 708.7, buoyed by the authorization for long-term tenders spanning up to seven years, subject to satisfactory performance during the initial five.

Bajaj Finance: Bajaj Finance's stock inched 0.5 percent higher, closing at Rs 7,104.15 a share post the allotment of 50,000 Non-Convertible Debentures (NCDs).

Gland Pharma: With a notable increase in trading volume, Gland Pharma saw its share price ascend by 1.74 percent, ending at Rs 1,657.7.

Isgec Heavy Engineering: Lastly, the shares of Isgec Heavy Engineering hit a fresh 52-week intra-day high and surged 5 percent to close at 899.

Equities, Nifty, Stocks