Stock market trades in monochrome green this Holi; here are the noisemakers
Angel One, IFB Industries, KEI Industries were the top gainers in Group A today!
The benchmark indices extend gain before the long weekend with BSE Sensex closing at 57863.93 up 1047 points or 1.8 per cent. While Nifty50 closed at 17287 up 312 points or 1.8 per cent.
In the broader market, all the sectors joined in the rally with Realty continuing to be the biggest gainer for the second consecutive session, Banking also witnessed strong positive momentum while IT is the only sector that closed in red. BSE Midcap closed at 23824.61 while Smallcap at 27706.32
Angel One, IFB Industries, KEI Industries witnessed positive action in today’s session.
Angel One zoomed 14.71 per cent in today’s session to emerge as the biggest gainer in ‘A‘ Group. The shares of broking and advisory companies were buzzing on the bourses this week gaining as much as 25 per cent. Today, it touched the day’s high at Rs 1672 and the day’s low at Rs 1427.45 while it closed at Rs 1627.15 apiece. The stock rally is fuelled by the current favour financial stocks are finding among market participants.
IFB Industries soared 12.95 per cent in today’s session. The stock logged an intraday high and low of Rs 1015 and Rs 894.50, respectively and closed at Rs 995.30. The company is engaged in the business of manufacturing fine blanked components and manufacturing and trading of home appliances
KEI Industries rallied 12.28 per cent and closed at Rs 1127.90. KEI is a player in the power cable segment and one of the largest cable manufacturing companies in India. In today’s session, the stock logged an intraday high and low of Rs 1195.80 and Rs 1011, respectively.