The Indian equity market continued its strong performance, with the BSE Sensex and NSE Nifty reaching new highs. The Nifty closed at 23,466, up 67 points or 0.29%, after hitting an all-time high of 23,490. Automobile, consumer durables, and healthcare stocks led the gains.
Mazagon Dock, Paytm, Oracle Financial, and Bharat Dynamics were among the top performers in the Nifty 200 this week. Mazagon Dock soared 22.68% to Rs 3,877.55, while Paytm surged 22.62% to Rs 425.05. Oracle Financial and Bharat Dynamics gained 16.38% and 15.63%, respectively.
Dixon Technologies also had a strong showing, jumping 15.17% to Rs 11,242.85 on the NSE. Siemens, Oil India, Samvardhana Motherson International, L&T Finance, and Bharat Electronics were among the other top gainers in the Nifty 200 during the week.
On the other hand, Poonawalla Fincorp and Adani Green Energy were the top losers in the Nifty 200, slipping 3.19% to Rs 437.35 and 3.16% to Rs 1,806.3, respectively. Despite the weekly decline, Adani Green Energy has gained 5.31% over the past month.
Marico, United Spirits, Hindustan Unilever, Tata Consumer Products, and Adani Total Gas also experienced sharp corrections on the NSE 200 during the week. Overall, the Indian stock market remains bullish, with key indices reaching new highs and several stocks outperforming.