UltraTech Cement was the top gainer in the Nifty50 as well as the BSE Sensex, rising 2.9 percent and formed a long bullish candlestick pattern on the daily scale with above-average volumes on June 6. The stock closed at Rs 8,109.55 on the NSE.
After June 2022 low of Rs 5,157, the stock has been in an uptrend making higher highs and higher lows on daily charts and decisively reclaimed the Rs 8,000 mark today. Now, it is around Rs 160 away from its all-time high of Rs 8,269 on November 8, 2021.