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.
| Name of companies | Change | Volume |
| Adani Ports | 7.10% | 2,06,32,137 |
| Adani Enterprises | 3.68% | 91,45,905 |
| Axis Bank | 2.32% | 71,24,716 |
| Apollo Hospitals | 2.19% | 5,43,205 |
| Power Grid Corporation | 2.18% | 1,32,29,055 |
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.
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