Motilal Oswal, BSE, Angel One Share Price Jump as Nifty Nears Record High

Market Performance

Indian equity markets witnessed strong momentum on Thursday, with the Nifty inching closer to its record peak. The Sensex rallied by 383.61 points or 0.46%, closing at 83,793.30, while the Nifty gained 110.30 points or 0.43% to settle at 25,563.70.

Buoyed by a bullish undertone, the Nifty Capital Market Index rose by over 1%, marking strong participation across capital market-linked stocks. Notably, 14 out of 15 index constituents were trading in the green.

Main News

Among the top performers were Motilal Oswal, BSE, and Angel One, each showing notable intraday gains. These stocks surged as investor sentiment turned positive, driven by upbeat cues from global markets and optimism surrounding trade dynamics.

• Motilal Oswal Financial Services soared by over 6%, hitting an intraday high of ₹907.95 on the NSE.
• BSE and Aditya Birla Sun Life AMC moved up by around 2%.
• Angel One, along with MCX, CAMS, and Central Depository Services, posted gains of up to 1.5%.

Only Anand Rathi Wealth saw declines within the capital market index.

Company Details

Motilal Oswal Financial Services

• The company's share price rose sharply after a significant milestone:
  • Assets Under Management (AUM) crossed the ₹1.5 lakh Crore mark.
• The gain follows two consecutive sessions of share price decline, reflecting renewed investor confidence.

BSE (Bombay Stock Exchange)

• The exchange operator saw gains of up to 2% during the session.
• The rally aligns with broader enthusiasm across financial service stocks.

Angel One

• Angel One shares rose by 1.5% during the session.
• The stock's move came alongside similar momentum seen in related capital market firms.

Summary of the Article

On Thursday, Indian capital market stocks, including Motilal Oswal, BSE, and Angel One, saw notable gains as the Nifty approached its all-time high. The Nifty Capital Market index posted a strong performance, with 14 out of 15 stocks ending in the green. Domestic factors and favorable cues from Asia drove investor optimism. Motilal Oswal stood out with a 6% jump, supported by an AUM milestone of ₹1.5 lakh Crore. This rally underscores a growing interest in financial stocks as key indices approach historic highs.