Nifty 50 top gainers today, August 4: Hero MotoCorp, Tata Steel, Adani Ports, Bharat Electronics and more
Indian stock markets wrapped up the week on a strong footing, with key benchmarks surging on August 4. The Sensex jumped 418.81 points to close at 81,018.72, while the Nifty climbed 157.40 points to settle at 24,722.75, powered by broad-based buying across sectors.
Leading the rally were several heavyweight Nifty 50 stocks, especially from the auto, metal, and IT space. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day. Nifty 50 Top Gainers on August 4 Hero MotoCorp
Closed at ₹4535.90, up 5.2%
Tata Steel
Closed at ₹159.60, up 4.3%
Adani Ports & Special Economic Zone
Closed at ₹1395.00, up 3.6%
Bharat Electronics
Closed at ₹389.60, up 3.3%
JSW Steel
Closed at ₹1057.20, up 2.9%
Grasim Industries
Closed at ₹2791.10, up 2.5%
Tech Mahindra
Closed at ₹1475.00, up 2.5%
IndusInd Bank
Closed at ₹803.00, up 2.5%
Hindalco Industries
Closed at ₹688.50, up 2.4%
Tata Consultancy Services (TCS)
Closed at ₹3074.40, up 2.4%
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash Adani PortsBharat ElectronicsHero MotocorpTata Steel
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
10 minutes ago
- CNBC
10-year Treasury yield climbs ahead of key services data
The 10-year Treasury yield inched higher as investors assessed developments related to U.S. President Donald Trump's tariff rates and looked toward data on July's services sector activity, slated for release later in the day. The benchmark 10-year note yield was over one basis point higher at 4.21% as of 4.15 a.m. ET, while the 30-year bond was less than one basis point higher at 4.801%. The 2-year Treasury note yield also climbed over 2 basis points to 3.702%. One basis point is equal to 0.01% and yields and prices move in opposite directions. The U.S. is expected to release the ISM non-manufacturing purchasing managers' index. Analysts polled by Reuters see the figure coming in at 51.5, up from 50.8 the previous month. Trump on Monday threatened to "substantially" increase tariffs on Indian goods, though he did not specify by how much. Last week, he floated a 25% levy and an additional "penalty" if India continues buying Russian oil. India pushed back against criticism from the U.S. and European Union over its purchases of Russian oil, saying it was being "targeted" unfairly after Trump warned of sharply higher tariffs. In a statement issued late Monday, India's Foreign Ministry said it only began buying oil from Russia after "traditional supplies" were redirected to Europe in the wake of the 2022 Russia-Ukraine war. "It is revealing that the very nations criticizing India are themselves indulging in trade with Russia. Unlike our case, such trade is not even a vital national compulsion [for them]," the ministry added, taking aim at the EU and U.S.
UPI
13 minutes ago
- UPI
Trump threatens India with tariffs over buying Russian oil
India Prime Minister Narendra Modi shakes hands with U.S. President Donald Trump in the Oval Office at the White House in Washington, on Thursday, February 13, 2025. On Monday, Trump threatened India with tariffs over its buying of Russia oil. File Photo by Francis Chung/UPI | License Photo Aug. 5 (UPI) -- U.S. President Donald Trump has threatened India with increased tariffs over its purchase of Russian oil amid Moscow's war in Ukraine. The American president issued his threat Monday in a statement published on his Truth Social media platform, accusing Delhi of not only buying "massive amounts" of Russian oil, but selling much of it on the open market for "big profits." "They don't care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the tariff paid by India to the USA," Trump said. Trump has long seen tariffs as a tool to right trade deficits and as a bargaining tool. He has also started to use it as a punitive measure to retaliate against countries for taking actions he disagrees with. Last week, Trump imposed a 25% tariff on India as he imposed tariffs against dozens of nations. On Friday, the American president was asked about the situation, and said that he's heard India was to discontinue buying Russian crude. "That's what I heard. I don't know if that's right or not, but that's a good step," he said to a question about the percentage of tariffs he was considering imposing on the ally. "We'll see what happens. Over the weekend, India refuted the claims, stating it was not altering its policies. In response to Trump's threat on Monday, India accused the United States, and the European Union, of hypocrisy, saying they began importing from Russia "because traditional supplies were diverted to Europe after the outbreak of the conflict." "India's imports are meant to ensure predictable and affordable energy costs to the Indian consumer. They are a necessity compelled by global market situation," India's foreign ministry said in a statement. "However, it is revealing that the very nations criticizing India are themselves indulging in trade with Russia. Unlike our case, such trade is not even a vital national compulsion." It said the targeting of India was both "unjustified and unreasonable." "Like any major economy, India will take all necessary measures to safeguard its national interests and economic security."
CNBC
13 minutes ago
- CNBC
Gold rises for fourth session as US jobs data lifts Fed rate cut bets
Gold nudged higher for a fourth session on Tuesday, supported by a softer dollar and lower Treasury yields as weaker-than-expected U.S. jobs data strengthened expectations of a rate cut in September. Spot gold was up 0.1% at $3,375.89 per ounce as of 0239 GMT. U.S. gold futures also gained 0.1% to $3,430.40. The dollar index hovered near a one-week low, making gold more affordable to holders of other currencies. The yield on the benchmark 10-year Treasury note US10YT=RR dropped to a one-month low. "Short-term momentum has improved for the bullish side of the narrative supporting gold prices is that the Fed is still in the mode to actually cut rates in September," OANDA senior market analyst Kelvin Wong said. U.S. employment growth was softer than expected in July, while non-farm payroll figures for May and June were revised down by a massive 258,000 jobs, suggesting a deterioration in labor market conditions. Traders now see a 92% chance of a September rate cut, per the CME FedWatch tool. San Francisco Fed Bank President Mary Daly said on Monday that given mounting evidence that the U.S. job market is softening and that there is no sign of persistent tariff-driven inflation, the time is nearing for rate cuts. Gold, traditionally considered a safe-haven asset during political and economic uncertainties, tends to thrive in a low-interest-rate environment. On the trade front, President Donald Trump once again threatened on Monday to raise tariffs on Indian goods over its Russian oil purchases. New Delhi called his remarks "unjustified" and vowed to protect its economic interests, deepening the trade rift between the two countries. Still, gold faces some technical resistance. "I still do not see traders pushing up aggressively above the $3,450 level. Unless we have a very clear catalyst for gold price to actually pick up this level" OANDA's Wong said. Elsewhere, spot silver rose 0.1% to $37.44 per ounce, platinum gained 0.1% to $1,330.31 and palladium was up 0.2% to $1,204.25.
