On Tuesday, the shares of Larsen & Toubro Ltd. (L&T), Adani Ports and Special Economic Zone Ltd., IndusInd Bank Ltd., Tata Motors Ltd., and Reliance Industries Ltd. emerged as the top gainers in the market.
Meanwhile, ITC Hotels Ltd., Zomato Ltd., Nestle India Ltd., Maruti Suzuki India Ltd., and Tech Mahindra Ltd. were among the laggards for the day.
The BSE Sensex saw a strong recovery, closing at 78,583.81, while the Nifty ended at 23,739.25, driven by positive sentiment in banking and industrial stocks.
In terms of gains, L&T led the pack with a 4.76% surge to ₹3,443.60. Adani Ports followed closely behind, rising 3.83% to ₹1,126.25. IndusInd Bank, Tata Motors, and Reliance Industries also posted significant gains of 3.50%, 3.38%, and 3.28% respectively.
On the other hand, ITC Hotels experienced the biggest loss of 4.16%, closing at ₹164.65. Zomato also declined by 1.57%, while Nestle India, Maruti Suzuki, and Tech Mahindra saw decreases of 0.81%, 0.23%, and 0.11% respectively.
The day’s gains were predominantly driven by the industrial and banking sectors, buoyed by positive global cues and anticipation of the RBI’s upcoming monetary policy meeting.
Published on February 4, 2025.
