Trent, M&M, Bharti Airtel Shine as Top Gainers on October 7, 2024

On October 7, 2024, Indian stock market indices, the BSE Sensex dropped by 0.78% to close at 81,050.00. The Nifty50 on the other hand, closed at 24,795.75 down by 218.85 points (-0.87%).

Out of the 50 stocks in the Nifty50 index, here are the top 5 gainers for the day: 

• Trent Ltd has made a notable entry into the affordable beauty retail market with the launch of its new standalone store format, Zudio Beauty. On Monday, the share price of Trent Ltd closed at ₹7,489.9, reflecting a 1.86% rise.
• Mahindra & Mahindra (M&M) saw a 1.48% increase, closing at ₹3,062.00, after reaching a high of ₹3,066.95, continuing its upward momentum.
• Bharti Airtel’s stock climbed 1.32%, closing at ₹1,662.60, up from its previous close of ₹1,640.90. On Monday, Airtel announced that Airtel Business, its B2B arm, had partnered with global cybersecurity leader Fortinet to launch ‘Airtel Secure Internet,’ a comprehensive internet security solution offering fully managed protection against cyber threats.
• ITC rose 1.28%, closing at ₹510, recovering from its previous close of ₹503.55, with an intraday high of ₹514.95.
• Bajaj Finance showed resilience with a 0.67% gain, closing at ₹7,260, up from its previous close of ₹7,211.35. The stock reached a high of ₹7,324.00 during the day.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.