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Top gainers on the Nifty were Grasim Industries, Bajaj Finserv, Bajaj Auto, ICICI Bank and Cipla, while losers were Coal India, SBI Life Insurance, L&T, Wipro and HDFC Life
Top Gainers and Losers Today : The Sensex gained 281.52 points, or 0.39, to settle at 72426.64, while the Nifty gained 81.55 points, or 0.37, to close at 22040.7.
Nifty today ended 82 points higher at fresh peaks to form an Ascending Triangle pattern on the daily chart. Nifty has surpassed the swing high on the hourly chart, signaling an increase in optimism. The momentum indicator RSI is also suggesting a positive shift in momentum.
The start of the week witnessed a market-wide decline, particularly hitting small caps hard. On Monday, 2986 stocks saw a decline on the BSE (Bombay Stock Exchange). However, there was some stabilization observed as 1935 stocks traded flat on Wednesday
Indian shares advanced on Thursday, led by a rally in energy and public sector banks, and supported by a post-results jump in Mahindra & Mahindra.