Indian Markets Shine as Nifty Soars: Key Stocks in Focus

On Tuesday, Indian stock markets showcased robust performance as a broad spectrum of stocks made significant gains. The benchmark Nifty index rose by 0.45 percent, equivalent to an 89-point increase, concluding the trading session at the 19,783 mark. Alongside the Nifty, the broader markets also witnessed new record-breaking highs for a second straight day, underlining a burgeoning investor confidence throughout the market.

D-Street Stars on the Rise

Several stocks stood out during the day's trading, attracting investor attention and making headlines for a variety of reasons.

Titan: Titan's shares soared to reach a new apex after the investment firm CLSA adjusted its recommendation for the stock to a 'Buy' status.

Coal India: Coal India's shares remained unaffected, closing flat at Rs 334.1 on a day it traded ex-dividend.

Oberoi Realty: Oberoi Realty experienced a 4 percent increase, with shares ending at Rs 1,406.25, invigorated by the launch of new residential projects in Thane.

IT stocks: Despite a mixed outlook from brokerage Bernstein, the Nifty IT index closed with slight losses.

ABB: Shares of ABB ended slightly down at Rs 4,335.75 as the company announced a partnership with Titagarh Wagons.

KEC International: Despite bagging an impressive Rs 1,005 crore order, KEC International stock dipped 0.6 percent, closing at Rs 596.

IRCTC: IRCTC saw its shares climb by 1 percent to Rs 708.7 on news of being granted the ability to issue long-term tenders for up to seven years, depending on performance during the first five.

Bajaj Finance: The NBFC's shares edged up by 0.5 percent, ending at Rs 7,104.15 after the allocation of 50,000 non-convertible debentures.

Gland Pharma: Trading volume surges led Gland Pharma shares to rise by 1.74 percent, closing at Rs 1,657.7.

Isgec Heavy Engineering: Securing a fresh 52-week high intra-day, shares of the civil construction company concluded the session 5 percent higher at Rs 899.

Equities, Nifty, Stocks