Top 5 stocks of the day: From Dr. Reddy's Laboratories to Hindalco Industries, these gained more than 3 percent

Top 5 stocks of the day: Dr. Reddy's Laboratories, Hindalco Industries, JSW Steel, Tata Motors, and M&M were among the top gainers on the Nifty, while Divis Labs, Apollo Hospitals, Maruti Suzuki, ICICI Bank, and Bajaj Finance were among the worst performers. Metal index increased by 2.3 percent, while oil & gas index increased by 1 percent, among sectors. The capital goods, healthcare, and FMCG indices all increased by 0.5 percent. The real estate index, however, lost 1.3 percent, and the bank index, 0.2 percent.

Sensex and NSE Nifty50

In the choppy session on August 9, benchmark indexes closed higher with Nifty above 19,600. At closing, the Nifty was up 61.70 points or 0.32 percent at 19,632.50, while the Sensex was up 149.31 points, or 0.23 percent, at 65,995.81. A total of 1963 shares rose, 1521 shares fell, and 142 shares remained unchanged.

Here are the top 5 stocks of the day

Rupee rises by 10 paise to 82.81 against US dollar

In early trade on Wednesday, the rupee strengthened by 10 paisas to 82.81 US cents against the US dollar, recovering from the 8-month low level as the US dollar fell against main rivals abroad. However, analysts noted that the local unit was negatively impacted by sluggish equities markets, a flight of foreign capital, and crude prices that exceeded USD 85 per barrel.

Participants were trading cautiously as they awaited Thursday's announcements of the RBI's monetary policy decision, the UK's GDP result, and the US inflation data.

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