Kotak Mahindra Bank Ltd., Bajaj Finance Ltd., Bajaj Finserv Ltd., NTPC Ltd., and State Bank of India saw their share prices surge, emerging as the top gainers among the BSE Sensex stocks. On the other hand, Zomato Ltd., Adani Ports & Special Economic Zone Ltd., Tata Consultancy Services Ltd., Mahindra & Mahindra Ltd., and Maruti Suzuki India Ltd. experienced declines in their stock prices.
The BSE Sensex and the NSE Nifty kicked off the week on a positive note on Monday, with the Sensex closing 0.59% higher at 77,073.44 and the Nifty ending 0.61% up at 23,344.75.
In terms of gainers, Kotak Mahindra Bank led the pack with a 9.15% surge, closing at ₹1,919.60, following strong quarterly results. Bajaj Finance and Bajaj Finserv also performed well, rising 3.58% and 3.18% respectively. NTPC and State Bank of India recorded gains of 2.96% and 1.96% each.
On the flip side, Zomato was the top loser, with a 3.14% decline to ₹240.95, breaking its winning streak. Adani Ports, Tata Consultancy Services, Mahindra & Mahindra, and Maruti Suzuki also saw decreases in their stock prices.
The market rally was marked by the strong performance of financial stocks, with Kotak Mahindra Bank leading the way. The positive momentum is expected to continue as investors closely monitor market developments.
Published on January 20, 2025.
