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Nifty has climbed 73% in eight months but these 141 stocks have rallied 100-773%

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Nifty has climbed 73% in eight months but these 141 stocks have rallied 100-773%

The market is riding high on the liquidity wave that has not only helped Indian shares recover losses suffered during the coronavirus-led crash in late March but has also lifted the Nifty to a new high of 13,000.

The index saw its worst showing in more than four years when it sank to 7,511 on March 24 amid fears of economic and earnings loss. It, however, started to recover within days and gained more than 73 percent to hit 13,048.75 on November 24, exactly after eight months. The BSE Sensex, too, scaled a new peak of 44,499.62.

Better-than-expected September quarter earnings, consistent improvement in economic data and positive news on coronavirus vaccine trials also aided the rally.

“Indian indices opened on record-high levels on Tuesday, tracking gains in Asian peers, on the back of the progress made on the COVID-19 vaccine and the prospects of a speedy global economic revival,” Hemang Jani, Head – Equity Strategy-Broking & Distribution at Motilal Oswal Financial Services told Moneycontrol.

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Broader markets have also participated in the run as the Nifty midcap index is up more than 75 percent and smallcap over 87 percent. IT is the biggest gainer among sectors with a 97 percent jump followed by auto, bank, energy, pharma, infra and metal, which have gained 63-90 percent in eight months.

A look at the Nifty500 index shows that almost all segments participated in the rally. As many as 97 percent stocks from the index have shown positive returns and 94 percent have registered double-digit returns from lows of March.

Tap To Explore More : Money Control

Also Read : UP ISSUED GUIDELINES FOR MARRIAGE AND OTHER CEREMONIES; MAXIMUM GUEST LIMIT 100

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Delhi Weather and AQI Today: Warm start at 22.05 °C, check weather forecast for October 22, 2024

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Delhi Weather and AQI Today: Warm start at 22.05 °C, check weather forecast for October 22, 2024

Check the weather forecast and air quality updates for Delhi on October 22, 2024 here.

The temperature in Delhi today, on October 22, 2024, is 32.93 °C. The day’s forecast indicates a minimum and maximum temperature of 22.05 °C and 35.04 °C, respectively. The relative humidity is 26% and the wind speed is 26 km/h. The sun rose at 06:26 AM and will set at 05:44 PM.

Tomorrow, on Wednesday, October 23, 2024, Delhi is predicted to experience a minimum and maximum temperature of 27.42 °C and 34.91 °C, respectively. Tomorrow humidity levels will be at 20%.

With temperatures ranging between 22.05 °C and 35.04 °C, prepare for a hot day and plan outdoor activities accordingly. If you are sensitive to heat, take note of the weather forecast and consider appropriate attire and activities suitable for the prevailing weather.

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The AQI in Delhi today stands at 334.0, falling in the very poor category. Everyone should be cautious. Children and people with respiratory diseases, such as asthma, should stay indoors and others should also limit their outdoor activities. Usage of masks and air purifying devices is advised. Being aware of the AQI helps one make informed decisions regarding one’s overall well-being while planning the day’s activities.

Weather and AQI predictions in Delhi for next 7 days:

DateTemperatureSky
October 23, 202432.93 °CSky is clear
October 24, 202432.69 °CSky is clear
October 25, 202432.5 °CSky is clear
October 26, 202432.07 °CSky is clear
October 27, 202430.69 °CSky is clear
October 28, 202431.29 °CSky is clear
October 29, 202432.09 °CSky is clear

Weather in other cities on October 22, 2024

CityTemperatureSky
Mumbai28.35 °CLight rain
Kolkata28.84 °CSky is clear
Chennai28.94 °CLight rain
Bengaluru25.53 °CModerate rain
Hyderabad27.75 °CModerate rain
Ahmedabad31.9 °CSky is clear
Delhi32.93 °CSky is clear

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