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Share Market Update: Nifty 50 and Sensex Go Green With Strong Performance in Heavyweight Stocks
The Indian Stock Market indices started slightly higher on Tuesday by recovering from their worst performance in 3 months. The Sensex closed at 77964.99 and is currently trading at 78222.07 indicating a 0.3% surge while the NIFTY 50 which closed at 23616.05 is currently at an LTP of 23723.35 gaining over 0.45% increase in the prices of stocks.
This rise was driven by gains in sectors like banking, automobile, mining and Iron and steel stocks. The investors are also looking forward to the coming corporate earning report that is set to start later this week.
Zomato has suffered more than a 4.5% decline in its stock price, making it one of the biggest losers in the Indian Stock Market. This happened primarily due to the global company Jefferies, which had lowered its recommendation for Zomato saying that it should be a “hold” instead of a “buy”. This downfall was majorly due to concerns about Zomato’s big rise in 2024 with increasing competition in the quick-commerce sector.
Let's check out the share market live updates in detail to have better clarity on the stocks that have added to the modest gains to their stock value.
Oil and Natural Gas Corporation Ltd.
The top brokerages all over the world have recently shared positive feedback on ONGC for their strong growth potential and ability to create value in the coming year.
| Opening Value | 259.15 |
| Previous Closing | 254.36 |
| Change | 4.29% |
| LTP | 265.34 |
| Today’s High | 267.40 |
| Today’s Low | 258.05 |
| 52 Week High | 345.00 |
| 52 Week Low | 209.70 |
SBI Life Insurance Company Ltd.
| Opening Value | 1,447.00 |
| Previous Closing | 1,434.65 |
| Change | 2.69% |
| LTP | 1473.60 |
| Today’s High | 1,474.90 |
| Today’s Low | 1,434.35 |
| 52 Week High | 1,936.00 |
| 52 Week Low | 1,307.70 |
HDFC Life Insurance Company Ltd.
The HDFC Life’s share prices have shown a potential of upward movement due to rising future prices and higher open interest for which the traders may consider holding onto their long positions for the near future.
| Opening Value | 606.00 |
| Previous Closing | 605.95 |
| Change | 1.88% |
| LTP | 617.30 |
| Today’s High | 605.95 |
| Today’s Low | 605.50 |
| 52 Week High | 761.20 |
| 52 Week Low | 511.40 |
Tata Motors
| Opening Value | 776.00 |
| Previous Closing | 776.25 |
| Change | 2.27% |
| LTP | 794.20 |
| Today’s High | 776.25 |
| Today’s Low | 772.50 |
| 52 Week High | 1,179.00 |
| 52 Week Low | 717.70 |
IndusInd Bank Ltd.
| Opening Value | 970.15 |
| Previous Closing | 970.05 |
| Change | 2.27% |
| LTP | 991.60 |
| Today’s High | 970.05 |
| Today’s Low | 970.15 |
| 52 Week High | 1,694.50 |
| 52 Week Low | 926.45 |
Other Stocks That Have a Contribution to Pulling the Indices Up
| Stocks | Current Market Price | Contribution |
| Reliance | 1,240.40 | 132.50 |
| ICICI Bank | 1,286.05 | 122.85 |
| Titan Company | 3,506.95 | 26.48 |
| Adani Ports | 1,177.55 | 25.64 |
Other stocks that have seen a modest surge in stock price are Hindalco, TATA Consumer Food, Adani Enterprises, Britannia, JSW Steel, etc. The most active stocks as of today are One Mobikwik, Zomato, Intellect Design Arena Ltd, Aegis Logistics, etc.