They generated average returns of 40%, against the Nifty's 24%
TCS, Infosys, L&T, Tech M, and HDFC Bank were the top gainers on the Sensex today.
The market capitalisation of BSE-listed companies reached another milestone on Thursday, rallying to a fresh all-time high of over Rs 278.15 lakh crore, driven by an ongoing rally in equities. Registering its fifth session of gain on Thursday, the 30-share BSE benchmark jumped 85.26 points or 0.14 per cent to settle at 61,235.30. In five days, the benchmark index has gained 1,633.46 points. The winning momentum has helped the market capitalisation of the BSE-listed companies reach an all-time high of Rs 2,78,15,826.32 crore on Thursday. Investors' wealth also jumped by Rs 7,00,934.44 crore in five days. Tata Steel was the biggest gainer among the 30-share BSE frontline companies' pack with a jump of 6.40 per cent, followed by Sun Pharma, L&T, M&M, Bajaj Finserv and PowerGrid. In the broader market, the BSE small-cap index jumped 0.49 per cent and mid-cap gained 0.38 per cent. "Market is continuing its upward trend with good buying witnessed across mid-cap and small-cap space. .
Among sectors, the Nifty Metal index zoomed 3.5 per cent on the NSE today while the Nifty Realty index slumped 0.8 per cent
Investors were enthused after the US Federal Reserve (Fed) Chair Jerome Powell's statement to the US Congress did not throw up surprises
The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices
Easy onboarding, according to experts, is the most significant factor responsible for the rise in mobile trading
The broader markets were quiet today with the BSE MidCap and SmallCap indices ending little changed
Vodafone Idea said the equity shares will be issued to the Government at par value of Rs 10 per share, subject to final confirmation by the DoT.
In the broader markets, the BSE MidCap index added 0.7 per cent while the BSE SmallCap index gained 1.2 per cent.
The markets began the first week of the new year on a solid note, hoping that rising cases may not lead to further lockdowns
At present, 359 companies are listed on the BSE SME platform
Sectorally, the Nifty Auto and Pharma indices were the only losers, down up to 0.4 per cent
The stock has broken out on the daily chart with higher volumes to close at highest level since December 14.
Despite the stellar run in 2021 that saw most global equity markets record healthy gains, we remain bullish on equities for 2022, says Nishant Srivastava
Market participants are already concerned about the rapid global spread of the highly infectious Omicron Covid variant
Piyush Goyal on Wednesday called for transparency and the highest level of integrity in the stock markets
Large part of today's rally was propelled by financial and banking counters, with 7 of the top 10 index contributors belonging to the space.
In Q3FY22, Bajaj Finance's assets under management (AUM) grew 8.6 per cent quarter on quarter (QoQ) to Rs 1.81 trillion.
The broader markets underperformed the benchmarks by a wide margin. The BSE MidCap and SmallCap indices ended with meagre gains of 0.05 per cent and 0.4 per cent, respectively.