Published on 07/05/2025 03:33 PM
Stock market today: On Wednesday, 61 stocks hit their 52-week high, including Aster DM Healthcare Ltd, Anupam Rasayan India Ltd, Bharti Airtel Ltd, Ceat Ltd, Marico Ltd, Radico Khaitan Ltd, and SRF Ltd.
In contrast, 138 stocks touched 52-week lows, including some notable names like Embassy Developments Ltd, Orient Green Power Company Ltd, Hatsun Agro Product Ltd, Jai Balaji Industries Ltd, Vedant Fashions Ltd, Praj Industries Ltd, Syngene International Ltd, and Vakrangee Ltd.
The Indian equity market finished with a slight gain, as the Nifty 50 closed at 24,414.4, rising by 34.8 points (0.14%) compared to the previous close, while the Sensex remained near 80,746. In spite of a tumultuous trading session influenced by geopolitical issues stemming from India’s precision strikes in "Operation Sindoor" targeting terrorist camps in Pakistan, the markets displayed strength.
Analysts observed that the market's gains were mainly fueled by investor trust in the non-escalatory character of the military engagement and a reduction in global tariff tensions, which alleviated initial concerns.
(more to come)
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