The Indian stock market is inching closer to record highs today. The Sensex and Nifty 50 are both trading marginally higher. However, broader market indices are lagging, indicating that the gains are concentrated among a few large-cap stocks.
The top gainer today is Bajaj Finance, which is up over 2.7%. HCL Technologies is also in the news, with brokerages raising their target prices on the stock after the company's Investor Day, where the management discussed its plans for growth and its focus on artificial intelligence. On the other hand, metal stocks are taking a beating today, with the Nifty Metal index down nearly 1%.
Overall, the Indian stock market is having a mixed day. While the headline indices are showing some gains, weakness is evident in broader markets and some sectors. Investors should continue to monitor the situation closely if they are looking to invest in the stock market.
At a glance
Market summary
Top gainers and losers
Sectoral performance
Worst performing sector: Nifty Metal (-0.92%)
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