- Sensex: Up 225 points, now at 81,130; Nifty at 24,830.
- Paytm: Stock rises 5% after selling entertainment unit to Zomato.
- Kalyan Jewellers: Shares jump 7.61% as promoter increases stake.
The Indian stock market is experiencing a positive surge with the Sensex climbing 225 points to reach 81,130, while the Nifty stands at 24,830.
In addition, Kalyan Jewellers has seen a robust 7.61% increase in its stock price after the promoter, TS Kalyanaraman, committed to buying additional shares to raise his stake.
Key Movers in Today’s Market: Paytm, Kalyan Jewellers, and More
BEML, another notable performer, has seen its shares climb 3.63% after securing multiple defense-related contracts. The company’s collaboration with the Indian Navy for advanced Marine applications has contributed to its stock’s recent strength.
Meanwhile, IREDA’s shares have risen 8.56% following the announcement of its plan to raise up to Rs 4,500 crore through various funding mechanisms. The stock has gained 26% over the past three months, driven by this strategic financial move.
Today’s market performance highlights significant gains in key sectors, driven by strategic corporate moves and investor confidence. With Paytm and Kalyan Jewellers leading the charge, the broader market is reflecting positive momentum.
“The stock market is a device for transferring money from the impatient to the patient.” — Warren Buffett
