 "RIL up 9% in Nifty's 350-point July rally. SBI gains 5%, Tata Motors up 7%")
The Nifty50 index rallied over 350 points or nearly 4% in July so far with Reliance Industries contributing most in the gains.
RIL, which holds over 7% weightage in the benchmark index, contributed over 9% to the index so far in July. The stock surged as much as 9.5% to Rs 1,511 on NSE till Wednesday. By comparison, the Nifty50 advanced 3.8% or 361 points to 9,816 during the same period.
The index, continuing its record-breaking spree for the fourth straight session, hit its lifetime high of 9,885.15 in intraday trade today. At 11:00 am, the Nifty50 was trading at 9,881, up 65 points.
The other stocks that contributed in the Nifty rally include Bharti Infratel, ACC, Lupin, BPCL, IndusInd Bank and Tata Motors, which gained in the range of 6% to 12% so far in July.
Meanwhile, three stocks - Cipla, Axis Bank and Bajaj Auto - quoted in the negative during the same period.
| Company Name | 30-Jun-17 | 12-Jul-17 | Change (%) |
|---|---|---|---|
| Bharti Infratel Ltd. | 374.55 | 420.30 | 12.2 |
| Reliance Industries Ltd. | 1380.00 | 1511.10 | 9.5 |
| ACC Ltd. | 1568.05 | 1705.95 | 8.8 |
| Lupin Ltd. | 1059.85 | 1140.60 | 7.6 |
| Bharat Petroleum Corporation Ltd. | 426.27 | 455.80 | 6.9 |
| IndusInd Bank Ltd. | 1478.95 | 1577.00 | 6.6 |
| Tata Motors Ltd. | 432.55 | 461.00 | 6.6 |
| Ultratech Cement Ltd. | 3959.10 | 4191.25 | 5.9 |
| Ambuja Cements Ltd. | 246.55 | 261.00 | 5.9 |
| State Bank Of India | 273.65 | 287.65 | 5.1 |
| Hindalco Industries Ltd. | 190.95 | 200.60 | 5.1 |
| Hindustan Unilever Ltd. | 1079.60 | 1131.65 | 4.8 |
| Bharti Airtel Ltd. | 379.70 | 397.10 | 4.6 |
| Eicher Motors Ltd. | 27039.40 | 28258.50 | 4.5 |
| Vedanta Ltd. | 249.05 | 259.90 | 4.4 |
| Infosys Ltd. | 935.55 | 972.35 | 3.9 |
| Zee Entertainment Enterprises Ltd. | 491.35 | 510.10 | 3.8 |
| Coal India Ltd. | 244.25 | 253.45 | 3.8 |
| Bosch Ltd. | 23327.25 | 24187.30 | 3.7 |
| Maruti Suzuki India Ltd. | 7217.60 | 7476.65 | 3.6 |
| Yes Bank Ltd. | 1463.50 | 1515.45 | 3.5 |
| Oil & Natural Gas Corporation Ltd. | 157.30 | 162.85 | 3.5 |
| Tata Consultancy Services Ltd. | 2362.35 | 2439.45 | 3.3 |
| NTPC Ltd. | 158.95 | 164.05 | 3.2 |
| Tata Power Company Ltd. | 80.55 | 83.05 | 3.1 |
| Larsen & Toubro Ltd. | 1125.07 | 1159.70 | 3.1 |
| Adani Ports and Special Economic Zone Ltd. | 363.05 | 373.85 | 3.0 |
| Indiabulls Housing Finance Ltd. | 1076.15 | 1107.65 | 2.9 |
| Asian Paints Ltd. | 1102.95 | 1133.70 | 2.8 |
| Tata Steel Ltd. | 545.75 | 559.10 | 2.4 |
| GAIL (India) Ltd. | 361.45 | 369.85 | 2.3 |
| Wipro Ltd. | 258.35 | 263.80 | 2.1 |
| Mahindra & Mahindra Ltd. | 1348.60 | 1376.70 | 2.1 |
| Indian Oil Corporation Ltd. | 385.20 | 392.60 | 1.9 |
| HDFC Bank Ltd. | 1652.05 | 1681.25 | 1.8 |
| Power Grid Corporation Of India Ltd. | 210.55 | 214.00 | 1.6 |
| ITC Ltd. | 323.65 | 328.85 | 1.6 |
| Housing Development Finance Corporation Ltd. | 1614.95 | 1639.95 | 1.5 |
| Aurobindo Pharma Ltd. | 684.60 | 694.70 | 1.5 |
| Tech Mahindra Ltd. | 382.00 | 387.30 | 1.4 |
| Sun Pharmaceutical Industries Ltd. | 555.70 | 562.40 | 1.2 |
| Bank Of Baroda | 161.65 | 163.50 | 1.1 |
| ICICI Bank Ltd. | 290.15 | 292.35 | 0.8 |
| Hero MotoCorp Ltd. | 3701.35 | 3718.75 | 0.5 |
| HCL Technologies Ltd. | 850.90 | 854.00 | 0.4 |
| Kotak Mahindra Bank Ltd. | 955.75 | 956.65 | 0.1 |
| Dr. Reddys Laboratories Ltd. | 2690.10 | 2690.10 | 0.0 |
| Bajaj Auto Ltd. | 2791.20 | 2785.85 | -0.2 |
| Axis Bank Ltd. | 517.35 | 506.75 | -2.0 |
| Cipla Ltd. | 555.60 | 539.95 | -2.8 |
| All prices in Rs | |||
| Source: AceEquity | |||
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