IndiGo, PowerGrid Top Gainers on Dalal Street as Optimism Lifts Buyers' Interest 

Mumbai, April 15: Equities on Indian streets witnessed an uptrend on Wednesday on strong buying by heavyweights that spilled over to other sectors as well. Indigo led the Sensex pack, closing at ₹4,620 (up 4.35% from Monday’s close at ₹4,427.2). Passenger traffic numbers and hopes of overseas route addition boosted the airline stock. Shares in IndiGo (InterGlobe Aviation) rallied on broad‑based buying volume crossing 1.6 million shares, indicating institutional interest.

Power Grid Corporation rose to ₹313, up 4.21% from Monday’s close of ₹300.35. Buying supported the stock throughout the trading session and it moved steadily higher on expectations of strong transmission demand.

Eternal ended the day at ₹246.01, up 4.14% from Monday’s close at ₹236.22. Buying volume was heavy today with over 56 million shares exchanging hands. The rally was broad‑based, led by positive sentiment in mid‑caps.

Max Healthcare finished at ₹990.35 on Wednesday, up 4.06% from Monday’s close of ₹951.7. Rally in Max Healthcare Industries was on hopes of better-than-expected earnings and increase in hospital demand. The stock rose to an intraday high of ₹991.7 and later consolidated near the high.

Wipro rose 3.46% to close at ₹210 from Monday’s close of ₹202.97. The stock traded higher throughout the day on strong buying, possibly with investors booking positions ahead of its Q1FY22 earnings announcement. Investors are optimistic on digital transformation deals for the IT major.

HDFC Life Insurance advanced 3.38% to end at ₹640 against the previous close (Monday) of ₹619.1. Buying supported the stock throughout the trading session on expectations of better premium growth and an optimistic regulatory environment.

Tech Mahindra added 3.25%, ending the day at ₹1,482 from Monday’s close of ₹1,435.4. The stock rallied throughout the day on hopes of strong performance from telecom business and enterprise digital solutions business. Tech Mahindra touched an intraday high at ₹1,485.7.

Loss-Makers to Watch

Dr. Reddy’s Laboratories declined by 1.23% to close at ₹1,220.7 versus Monday’s close of ₹1,235.9. Shares of Dr. Reddy’s Laboratories dropped after touching an intraday high of ₹1,254.1 as investors cashed in some profits after sharp recent gains. The intraday low was at ₹1,195.4.

Bharti Airtel dipped by 0.72%, ending Wednesday’s trading session at ₹1,857.5 compared to Monday’s close of ₹1,870.9. Bharti Airtel traded weak throughout the day on broker downgrades and shift of funds into IT and financial stocks.

On Wednesday, ICICI Bank shed 0.3% to close at ₹1,347 versus the Monday’s close of ₹1,351.1. Shares of ICICI Bank hardly budged during the trading session. The intraday low was at ₹1,338.

Axis Bank dipped by 0.16% to close at ₹1,351.5 versus Monday’s close of ₹1,353.6. Axis Bank gained in early trade but failed to sustain its gains in late trade along with other private banks.
Stock markets were closed on the account of Dr. Ambedkar Jayanti on Tuesday.

Source: https://www.nseindia.com/market-data/top-gainers-losers