Business · India Bureau
Twenty stocks from Nifty 500 index scale record highs
A broad rally lifted shares across multiple sectors to lifetime peaks on Wednesday, with industrial, hospitality and consumer stocks among the gainers. The surge reflects growing investor confidence in India's economic prospects.
LSN India ·

Twenty companies listed in the Nifty 500 index reached all-time highs during Wednesday's trading session, signalling robust market momentum across diverse business segments. The rally encompassed stocks from varied sectors including infrastructure, hospitality, consumer goods and specialty chemicals. Among the frontrunners were Eternal, Groww, Adani Ports, and Ather Energy, which posted significant gains to reach new peaks. Engineers India, Indian Hotels Company, Marico, Navin Fluorine International, Asahi India Glass and Phoenix Mills were also among the gainers hitting record levels. The broad-based appreciation suggests investor appetite extends beyond heavyweight stocks to mid-sized enterprises with strong fundamentals. Analysts attribute the market strength to sustained economic growth, improved corporate earnings and positive sentiment around consumption-linked sectors. The diversified nature of the stocks reaching new highs underscores the resilience of India's equity markets and investor confidence in underlying business performance across multiple industries.