The benchmark stock indices, BSE Sensex and NSE Nifty50, both closed up by more than 1% for the second consecutive session after former US President Donald Trump announced his victory in the US presidential race.
The BSE Sensex rose by 901.50 points, or 1.13%, to close at 80,378.13. Similarly, the NSE Nifty50 ended at 24,484.05, up 270.74 points, or 1.12%.
Out of the 50 stocks in the Nifty50 index, here are the top 5 gainers for the day-
| Symbol | Open | High | Low | LTP | %chng |
| BEL | 287.5 | 304.3 | 287.2 | 301.6 | 5.33 |
| ADANIENT | 2,918.00 | 3,070.00 | 2,918.00 | 3,046.25 | 4.48 |
| TCS | 4,003.60 | 4,149.80 | 3,975.25 | 4,143.00 | 4.32 |
| WIPRO | 547.45 | 565.85 | 541 | 565 | 3.92 |
| HCLTECH | 1,791.10 | 1,853.00 | 1,783.00 | 1,843.00 | 3.92 |
Bharat Electronics share price closed at ₹301.60, reflecting a 5.33% rise.
Adani Enterprises share price closed at ₹3,046.25, reflecting a 4.48% rise. Adani Enterprises reported a 664% year-on-year increase in its consolidated net profit for the September quarter, reaching ₹1,742 crore, up from ₹228 crore during the same period last year.
Tata Consultancy Services share price closed at ₹4,143.00, reflecting a 4.32% rise. IT stocks saw strong gains in Wednesday’s trading, pushing the Nifty IT sectoral index up by 4%, even with the ongoing uncertainty around the 2024 US election results.
Wipro’s share price closed at ₹565.00, reflecting a 3.92% rise. From a fundamental analysis standpoint, the company has a Return on Equity (ROE) of 14.43% and a Return on Assets (ROA) of 9.55%. The stock’s current Price-to-Earnings (P/E) ratio is 24.26, and its Price-to-Book (P/B) ratio is 3.47.
HCL Technologies’ share price closed at ₹1,843.00, reflecting a 3.92% rise. The Company announced a 10.5% increase in its consolidated net profit for the September quarter, reaching ₹4,235 crore, compared to ₹3,832 crore in the same period last year.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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