A number of stocks soared for a fifth straight session on Tuesday.
The market saw a rise in the banking sector with Axis Bank Ltd quoting the stock at Rs 625.9, up 1.34% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.18% on the day, quoting at 13898.2. The Sensex is at 47482.1, up 0.27%. Axis Bank Ltd has gained around 3.69% in the last one month. Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent has gained around 4.52% and is currently quoting at 30880.95, up 0.93% on the day. The volume in the stock stood at 66.48 lakh shares today, compared to the daily average of 175.35 lakh shares in last one month.
Other stocks which gained for five straight sessions are:
State Bank of India, gained at Rs 275.85, up by 0.24%. It has risen around 11.21% in the last one month.
HDFC Bank Ltd stays supported with the stock quoting at Rs 1423, up 0.72% on the day as on 12:44 IST on the NSE.
ICICI Bank Ltd also saw a spurt in the stock quoting at Rs 522.35, up 0.43%, gaining around 7.68% in the last one month.
Union Bank of India gained and quoted at Rs 31.8, up 4.26%. Union Bank of India has risen around 10.03% in past one month.
The FMCG sector also had some handsome gains starting with Godrej Consumer Products Ltd quoting at Rs 738.95, up 1.61%. Godrej Consumer Products Ltd has gained around 4.73% since December beginning. Along with Dabur India Ltd, quoting at Rs 529.4, up 0.83%. It has risen around 4.62% in the last one month.
ITC Ltd. was also in demand with quoting at Rs 211.3, up 0.86%. It gained around 8.69% since early December.
The IT sector saw some high rises, companies beginning with Tata Consultancy Services Ltd quoting at Rs 2939.6, up 0.35% on the NSE. Tata Consultancy Services Ltd has added around 7.8% since early December.
Mindtree Ltd. quoting at Rs 1619.15, up 0.64% and the company has added around 14.7% in the month of December.
Bajaj Auto Ltd rose, quoting at Rs 3435.95, up 0.62%. It has added around 5.93% in the last one month.
Along with Coforge Ltd seeing a rise quoting at Rs 2707.85, up 0.63%. Coforge Ltd has gained around 10.28% in the last one month.
Other sectors like the Auto and mental industries also saw a sustainable gain. Bosch Ltd’s stock is quoting at Rs 813.35, up 0.56%. APL Apollo Tubes Ltd has risen around 17.98% in last one month.
Steel Authority of India gained with the stock is quoting at Rs 64.05, up 0.16%. Steel Authority of India Ltd has added around 28.23% in last one month.
APL Apollo Tubes Ltd’s rise with the stock is quoting at Rs 813.35, up 0.56% on the day as on 12:44 IST on the NSE. The company has risen around 17.98% in last one month.
The stocks saw a rise for a fifth straight session as US President Donald Trump signed the long holding $900-billion relief bill, on Sunday, reviving the hopes to rebuild the economy.