From News Desk
| Sensex | 82,429.90 | ▲ 3.74% |
| Nifty | 24,924.70 | ▲ 3.82% |
Nifty 50
24,924.70 +916.70 [1-day]
Nifty 50 has risen between 3% and 4% about 5 times in the last 5 years.
Markets opened above Friday’s closing point and rose throughout the day.
The substantial rise in the markets was due to the ceasefire on the current India-Pakistan conflict and the easing of US-China trade tensions.
All sectors rose today, with IT stocks and realty stocks rising the most.
There were only 2 Nifty 50 stocks that fell today. Hence, there are only 2 stocks in the ‘Top Losers’ section.
The currency markets were closed today (12 May) on the account of Buddha Purnima. Hence, there will be no updates for the USD-INR exchange rate.
Global markets: US markets were flat. European and Asian markets rose.
| Top Gainers | NIFTY 50 |
| Infosys | Rs 1,626.90 | ▲ 7.91% |
| Adani Enterprises | Rs 2,425.30 | ▲ 7.74% |
| Shriram Finance | Rs 645.95 | ▲ 7.40% |
| HCL Tech | Rs 1,670.30 | ▲ 6.43% |
| Trent | Rs 5,441.00 | ▲ 6.42% |
| Top Losers | NIFTY 50 |
| IndusInd Bank | Rs 788.50 | ▼ 3.63% |
| Sun Pharma | Rs 1,686.20 | ▼ 3.36% |
The Indian government has reopened 32 airports in the country for civil aviation after the ceasefire decision in the India-Pakistan conflict.
Source – Groww Digest
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