NIFTY 50 shows volatility with bullish momentum; Top Gainers include Eicher Motors, M&M and more

Nifty 50 exhibits volatility but bullish momentum persists.

The Nifty index started the trading session on a weak note on Friday and exhibited volatility throughout the day. However, a significant technical indicator, the Relative Strength Index (RSI), displayed a bullish crossover, suggesting the possibility of upward momentum in the market.

By closing above the key level of 18200, the Nifty maintained its position, which is viewed as a positive indication for the market. As long as the index remains above this level, the overall trend is expected to stay optimistic.

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Moving forward, it is crucial to monitor the resistance level at 18400. If the Nifty successfully surpasses this level, it could further strengthen the positive trend. Conversely, if the index drops below the support at 18200, it might indicate a potential decline in sentiment and raise concerns about the prevailing bullish outlook.

Top Gainers of the Day – 

Symbol Open High Low Prev. Close LTP %chng
EICHERMOTORS 3520 3647.5 3514.95 3405.3 3604.7 5.86
M&M 1256.4 1278.8 1251.3 1251.3 1275.05 1.9
INDUSINDBK 1192.5 1214 1176.05 1187.45 1208 1.73
AXISBANK 895.2 913.6 894 895.95 911 1.68
HINDUNILVR 2594 2640 2586.4 2592.4 2619.05 1.03
HCLTECH 1086 1103.4 1077.45 1088.1 1098 0.91
HDFCBANK 1647 1672.8 1644.25 1653.2 1667.95 0.89
SBIN 574.7 580.75 571.55 573.45 578.1 0.81
HEROMOTOCO 2595 2614 2586.2 2585.45 2601.1 0.61
BAJFINANCE 6650 6733.65 6604.7 6663.45 6701 0.56
BHARTIARTL 787.5 793.7 784.5 788.6 793 0.56
TITAN 2760.8 2784.5 2756.85 2757.85 2771.95 0.51
ICICIBANK 939.75 948 935.1 939.2 943.5 0.46
TATAMOTORS 513.9 520.5 510.3 511.6 513.8 0.43
HDFC 2754.65 2785.55 2750 2767.15 2776.5 0.34
BAJAJFINSV 1420 1428 1407 1420.4 1424.5 0.29
TECHM 1044.05 1053.5 1034.05 1044.05 1046.95 0.28
SBILIFE 1180 1193.95 1174 1185.4 1188.7 0.28
APOLLOHOSP 4595 4640 4535 4595.3 4607 0.25
MARUTI 9260.95 9329.8 9232.65 9260.9 9272 0.12

Data Source: NSE