Investors cheer as Nifty breaches and holds above 15,000

This Wednesday is bringing happiness to investors all overthe nation as the Indian stock markets seem to be under the care of bulls afterexcruciating last few trading sessions.

Nifty 50, the benchmark of large capitalisation companies inIndia, has finally held above 15,000 for the large part of the trading day.

Nifty 50 is up by 0.52%, Midcap 50 is up by 0.74%, and Smallcap50 is up the most of these three with being up by 1.39%.

Now, let’s talk about sector performance at the time ofwriting.

IT, Metal, and Pharma stocks are spearheading the rise withthese indices being up by 1.98%, 1.42%, and 1.26% respectively.

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There is no sector in red today with the biggest laggardsector in green by 0.20% which is Financial Services.

From the stocks in NIFTY 500, SWSOLAR is the highest gainerwith 14.58% change from previous trading day close and the highest loser isMAHSEAMLES which is down by 4.07%.

From the stocks in NIFTY 50, EICHERMOT is the highest gainerup by 3.04% and SBILIFE is the biggest loser down by 2.27%.

The question now remains to be seen whether this performanceby the bulls will be sustained in the future.