The stock market today saw a flurry of activity with significant movements in various sectors. The Sensex gained 622.0 points, or 0.78%, to settle at 79897.34, while the Nifty gained 186.2 points, or 0.77%, to close at 24315.95.
One of the top gainers today was Tata Consultancy Services, which saw a positive movement along with Wipro, Maruti Suzuki India, and Divis Laboratories. On the other hand, sectors like affordable housing, industrials, engineering, and consumer goods are expected to benefit from the Union Budget 2024, according to Hemant Sood of Findoc.
In the IPO news, Three M Paper Boards IPO was fully booked on the first bidding day, led by retail investors. The company produces high-quality duplex board paper products using 100% recycled waste paper.
In other news, Sonata Software’s shares have surged by 630% in the last four years, reaching ₹724 per share. The stock saw a 163% gain in 2023, with Dalal& Brocha Stock Broking initiating coverage on the stock with a ‘buy’ rating.
Overall, the market today ended at fresh record highs, with Nifty 50 and Sensex reaching new milestones. Stay tuned for more updates on the market movements and top gainers and losers.
