Shares of Bengaluru-based Sobha jumped 15.82% to an all-time high closing of Rs 1,296.60 after brokerage Motilal Oswal Financial set a price target of Rs 1,400 on the stock while rating it as one of the top picks for 2024.
Top gainers on Sensex were Tata Motors, Maruti Suzuki, HCL Technologies and HDFC Bank. On the other hand, Axis Bank, PowerGrid, Tata Steel and Kotak Bank were major losers on the index
Shares of JSW Steel have gained 28 per cent from their 52-week low amid highly volatile domestic market. The stock of the JSW Group firm, hit a 52-week low of Rs 520.10 on May 26, 2022. It is currently trading at Rs 665.10, translating into a rise of 28 per cent in less than three months.