Bulls Are Not Giving Up On Nifty 50!

Bulls Are Not Giving Up On Nifty 50!

The Nifty 50 Index opened flat at 17,349.25 today. However, this Indian stock market index did not lose its gaining momentum and saw a substantial increase. Nifty 50 was up by 0.25% as it closed at 17,388.15 (gaining 42.70 points) on Wednesday, August 3, 2022. The index managed to gain about 162 points from its low of 17,225.85, which is  noteworthy. The leading sector was IT (1.35%). Infosys and TCS led the aforementioned sector with a gain of 1.70% and 1.37%, respectively.

Nifty 50 Performance Today

Top Gainers And Losers Today

The top Indian stocks that saw a bullish performance today are:

  • Tech Mahindra Limited (NSE: TECHM)
  • Infosys Limited (NSE: INFY)
  • Titan Company Limited (NSE: TITAN)

The Indian stocks that saw a bearish performance even on a ‘green’ day are:

  • Sun Pharmaceutical Industries Limited (NSE: SUNPHARMA)
  • Tata Motors Limited (NSE: TATAMOTORS)
  • Kotak Mahindra Bank Limited (NSE: KOTAKBANK)

Ever since the week started, the Nifty 50 has been witnessing a bullish close. However, it did see some volatility in the trading session today and even yesterday as it declined to lows and unexpectedly bounced back. This is because of the bullish market players who are trying their best to not let the index extend into losses.

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Sahil Patil

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