The benchmark NIFTY 50 index traded higher on Tuesday, up 62.40 points or 0.25% to 24,898.50, buoyed by strong performances in the energy and automotive sectors.
BPCL emerged as the top gainer, surging 4.65% to ₹353.60. The state-owned oil marketing company’s robust performance was closely followed by power sector giants POWERGRID and NTPC, which gained 3.93% and 3.62% respectively.
Here’s a breakdown of the top 25 gainers in the NIFTY 50:
| Company | Price (₹) | Change (₹) | Change (%) |
|---|---|---|---|
| BPCL | 353.60 | +15.70 | +4.65% |
| POWERGRID | 355.80 | +13.45 | +3.93% |
| NTPC | 408.15 | +14.25 | +3.62% |
| TATAMOTORS | 1150.30 | +26.30 | +2.34% |
| ASIANPAINT | 3021.45 | +66.75 | +2.26% |
| COALINDIA | 524.45 | +12.30 | +2.40% |
| BAJAJFINSV | 1643.80 | +26.65 | +1.65% |
| TITAN | 3446.65 | +34.95 | +1.02% |
| ONGC | 336.25 | +3.35 | +1.01% |
| HINDUNILVR | 2736.00 | +24.40 | +0.90% |
| TECHM | 1533.75 | +8.40 | +0.55% |
| JSWSTEEL | 903.50 | +4.95 | +0.55% |
| INDUSINDBK | 1418.40 | +6.90 | +0.49% |
| TATASTEEL | 163.79 | +0.92 | +0.56% |
| HEROMOTOCO | 5451.10 | +26.75 | +0.49% |
| BAJFINANCE | 6843.85 | +31.40 | +0.46% |
| AXISBANK | 1176.10 | +6.05 | +0.52% |
| ICICIBANK | 1217.90 | +5.20 | +0.43% |
| HDFCBANK | 1610.40 | +5.35 | +0.33% |
| BAJAJ-AUTO | 9589.05 | +31.40 | +0.33% |
| LT | 3784.05 | +9.10 | +0.24% |
| SBIN | 873.00 | +1.40 | +0.16% |
| DRREDDY | 6849.75 | +9.70 | +0.14% |
| DIVISLAB | 4930.45 | +6.60 | +0.13% |
| BRITANNIA | 5900.70 | +3.10 | +0.05% |
Pricing: 30 July, 2024 – at 10.36.38 AM
In the automotive segment, Tata Motors showed significant strength, rising 2.34% to ₹1,150.30. This upward movement in auto stocks was further supported by Hero MotoCorp and Bajaj Auto, albeit with more modest gains.
Other notable performers included Asian Paints, up 2.26%, and Coal India, which climbed 2.40%. The financial services sector also contributed to the positive sentiment, with Bajaj Finserv advancing 1.65%.
Among the heavyweight stocks, HDFC Bank and ICICI Bank posted gains of 0.33% and 0.43% respectively, while the State Bank of India saw a marginal increase of 0.16%.
The positive momentum was broad-based, with 25 out of the 50 NIFTY constituents trading in the green. However, the gains were relatively muted for some major players, with Britannia Industries barely moving, up just 0.05%.
This uptick in the NIFTY 50 reflects a cautiously optimistic market sentiment, driven primarily by energy, utilities, and selective automotive and financial stocks.
