The broader NSE Nifty climbed 151 points or 0.69% to finish at 22,147. Among the Sensex constituents, Bajaj Finance, M&M, HDFC Bank, JSW Steel, and Maruti emerged as the top gainers, registering gains of 2-3%. Infosys, HCL Tech, and TCS closed 0.6% to 1.2% lower, resulting in a 0.4% decline in the IT index.
August 18, 2023, marked a significant day for the stock market as several stocks surpassed their 50-day Simple Moving Averages (SMA). This achievement signals positive momentum within these companies and their potential for growth. Let s delve into these developments and learn more about the businesses behind these stocks.