Nifty 50 stocks on a 3‑day gaining streak: Bharat Electronics, Shriram Finance, others aided by news flow

Nifty 50 stocks that gained for 3 days in a row.

Bharat Electronics (BEL) and Shriram Finance are among nine Nifty 50 stocks that have gained for three consecutive trading sessions as of Wednesday, October 1. The positive momentum in both counters coincides with recent company updates and market developments.

On Tuesday, September 30, Bharat Electronics announced that it had received additional orders worth Rs 1,092 crore since its last disclosure on September 16. The orders relate to the upgrade of Electronic Warfare (EW) systems, defence network upgrades, tank sub-systems, communication gear, EVMs, and various services. The stock rose 0.63 percent on Wednesday to close at Rs 403.95, extending its three-day cumulative gain to 1.64 percent.

Shriram Finance, meanwhile, has been in focus after a report by The Economic Times suggested that Japan’s MUFG Group is in advanced talks to acquire a 20 percent stake in the company via preferential allotment worth over Rs 23,000 crore. While the company has since issued a clarification stating it has no such information, the stock gained 5.29 percent on Wednesday, taking its three-day total gain to 6.03 percent. It ended at Rs 616.10.

Among the other Nifty 50 stocks that logged gains in each of the last three trading sessions are Grasim, Hindalco, HDFC Bank, Mahindra & Mahindra (M&M), Sun Pharma, Tata Consumer Products, and Eternal (Zomato). All nine stocks posted cumulative gains between 1.3 percent and 6 percent over the three-day period.

The gainers are spread across a diverse set of sectors including defence, financials, metals, auto, FMCG, and pharmaceuticals, with no clear single-sector concentration.

Nifty 50 stocks with gains on all three sessions (Sep 27, 30 & Oct 1):

• Bharat Electronics: The stock increased by 0.63% on the day and 1.64% over three days, with a previous close at Rs 403.95.
• Grasim: The stock rose by 1.19% on the day, accumulating a 1.56% increase over three days, from a previous close of Rs 2,756.90.
• Hindalco: The stock gained 0.52% on the day and 1.61% over three days, with a previous close of Rs 761.95.
• HDFC Bank: The stock saw a daily increase of 1.50%, contributing to a 1.57% rise over three days from a previous close of Rs 951.00.
• M&M: The stock advanced by 1.06% during the day and 1.33% over the last three days, having closed at Rs 3,427.00 previously.
• Sun Pharma: The stock experienced a daily gain of 2.63%, resulting in a 2.95% increase over three days from a previous close of Rs 1,594.30.
• Shriram Finance: The stock showed a significant daily rise of 5.29%, culminating in a 6.03% increase over three days from a previous close of Rs 616.10.
• TATA Consumer Products: The stock registered a daily increase of 1.37%, accounting for a 1.93% rise over the last three days from a previous close of Rs 1,129.30.
• Eternal (Zomato): The stock increased by 1.08% on the day and 1.28% over three days, with a previous close at Rs 325.50.

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