India’s blue-chip stocks lead Asia’s best performers; Nifty 50 hits new high

By Vivek Dubey By Vivek Dubey CNBC-TV18.com CNBC-TV18.com Published Feb 19, 2024 Published Feb 19, 2024

India’s blue-chip stocks are among Asia’s best performers.

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The Nikkei is up over 8% in dollar terms, outperforming the 2.1% rally in the Nifty 50.

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These are the top five highlights in the current stock market rally in the last eleven trading sessions since the last record.

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Six Nifty stocks have seen gains of more than 10%.

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BPCL, SBI, Coal India, Wipro, M&M, Bajaj Auto, Maruti and ONGC are the top gainers on the Nifty 50.

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The Sensex is still 1% away from its record high.

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The market capitalisation of all stocks listed on the BSE is now at ₹392 lakh crore.

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The Indian bourse has topped Hong Kong as the fourth-largest stock market in the world for the second time.

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Nifty Bank is still 4% away from its record high of 48,636.

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Nifty Midcap 100 is nearly 1% away from the record high 49,781.

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The current stocks rally in India amounts to 4.2% since January 23.

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January 23 marked the lowest point for the index in 2024 so far.

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India’s blue-chip stocks lead Asia’s best performers; Nifty 50 hits new high

India’s blue-chip stocks lead Asia’s best performers; Nifty 50 hits new high

India’s blue-chip stocks are among Asia’s best performers.

Blue-chip Performance

The Nikkei is up over 8% in dollar terms, outperforming the 2.1% rally in the Nifty 50.

Nikkei vs Nifty

These are the top five highlights in the current stock market rally in the last eleven trading sessions since the last record.

Index (Country)

Gains in 2024 (in $)

Six Nifty stocks have seen gains of more than 10%.

Nifty Gains

BPCL, SBI, Coal India, Wipro, M&M, Bajaj Auto, Maruti and ONGC are the top gainers on the Nifty 50.

Top Gainers

The Sensex is still 1% away from its record high.

Sensex Status

The market capitalisation of all stocks listed on the BSE is now at ₹392 lakh crore.

Market Capitalisation

The Indian bourse has topped Hong Kong as the fourth-largest stock market in the world for the second time.

Global Ranking

Nifty Bank is still 4% away from its record high of 48,636.

Nifty Bank

Nifty Midcap 100 is nearly 1% away from the record high 49,781.

Midcap Performance

The current stocks rally in India amounts to 4.2% since January 23.

Stocks Rally

January 23 marked the lowest point for the index in 2024 so far.

2024 Performance

Electoral bonds timeline concludes: Supreme Court nullifies scheme

Electoral bonds timeline concludes: Supreme Court nullifies scheme