Stock Market update: For the first time, Nifty 50 touches the 20000 mark; Reliance Industries, Infosys and Larsen & Toubro in focus

Stock Market Update: As investors continue to be upbeat and the markets continue their bull run for the seventh straight day, the Nifty breached the 20,000-point threshold on Monday, marking its all-time high. Reliance Industries is in the lead among companies that have contributed the most points to the rally since it crossed the 19,000 mark, followed by Infosys and Larsen & Toubro. Together, the three stocks are responsible for over half of the 1,000-point increase. One day after India's massive G20 conference in Delhi came to an end, the 50-share index reached its highest point.

Top stocks of the day

Adani Ports, Adani Enterprises, Axis Bank, Apollo Hospitals, Power Grid Corporation, Wipro, Nestle, Reliance Industries, Larsen & Toubro, and UltraTech Cement are the top gainers.

Stock Market Update: Bitcoin dips below $25,900

The cryptocurrency markets were trading much lower on Monday. Bitcoin (BTC) declined 0.20% to $25,808, while Ethereum (ETH) plummeted below $1,650. Other popular cryptocurrency tokens were also selling lower. XRP, Dogecoin, Polkadot, and Solana all fell more than 1%. The worldwide cryptocurrency market cap was around $1.04 trillion, down 0.32% in the last 24 hours. The overall volume in DeFi is currently $1.6 billion, accounting for 7.9% of the entire 24-hour volume in the crypto market. The total volume of all stablecoins is now $18.37 billion, accounting for 90.87% of the total 24-hour volume of the crypto market.

Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)

Also Read: Gold Rate Today: Price of yellow metal rises to the seventh heaven while silver halts. These are the prices from Delhi to Bangalore

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