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India Editorial

Nifty 50 Hits 25,000: Ten Key Stocks Drive 25% Surge, with Bharti Airtel and Reliance Leading the Way

Nifty 50 Hits 25,000: Ten Key Stocks Drive 25% Surge, with Bharti Airtel and Reliance Leading the Way
Abhishek Sharma
Founder & Editor-in-Chief
Published: Updated: 1 min read
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India’s Nifty 50 index reached 25,000 for the first time in 220 sessions since hitting 20,000 on September 11, 2023. The benchmark index surged nearly 25% during this period.

Ten stocks—Bharti Airtel, Reliance Industries, Tata Consultancy Services, State Bank of India, ONGC, Tata Motors, ICICI Bank, NTPC, M&M, and Infosys—were responsible for 50% of the 5,000-point increase in Nifty’s market capitalization. Their combined market cap rose by Rs 23.29 lakh crore, accounting for over 53% of the overall gains. Bharti Airtel and Reliance Industries alone contributed over 8% each to the rally.

In contrast, the next eight stocks together contributed over 36.6% to the index’s rise. Four stocks—Bajaj Finance, Asian Paints, HDFC Bank, and IndusInd Bank—did not participate in this rally. The remaining 36 Nifty stocks saw gains of 1-3% during this period.

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Abhishek Sharma
Founder & Editor-in-Chief

Abhishek Sharma

I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire. I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world. I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas. As an investor, I’m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential. I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities. Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire

Last reviewed by Abhishek Sharma on August 3, 2024

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