The stock market ended on a positive note on February 20, 2024, with the Nifty and the Sensex gaining 0.34% and 0.48%, respectively. The Nifty touched a high of 22,215.6 and a low of 22,045.85, while the Sensex moved between 73,130.69 and 72,510.24. The Nifty closed at 22,122.25 and the Sensex at 72,708.16, adding 349.24 points to its opening value.
The Nifty Midcap 50 and the Nifty Small Cap 100 lagged behind the Nifty 50, losing 0.27% and 0.53%, respectively.
The Nifty 50 has delivered the following returns:
• In the last 1 week: 2.11%
• In the last 1 month: 4.53%
• In the last 3 months: 12.73%
• In the last 6 months: 14.48%
• In the last 1 year: 24.42%
The Nifty index was led by Power Grid Corporation Of India (up 4.18%), HDFC Bank (up 2.63%), Axis Bank (up 2.41%), NTPC (up 2.05%), and Kotak Mahindra Bank (up 1.80%). The Nifty index was dragged down by Hero Motocorp (down 3.90%), Coal India (down 3.15%), Bajaj Auto (down 2.52%), Eicher Motors (down 1.92%), and Tata Consultancy Services (down 1.78%).
The Bank Nifty settled at 46,535.5, after hitting a high of 47,136.75 and a low of 46,367.8. The Bank Nifty has shown the following performance:
• In the last 1 week: 3.5%
• In the last 1 month: 4.62%
• In the last 3 months: 8.05%
• In the last 6 months: 7.03%
• In the last 1 year: 15.7%
The top gainers and losers in various indices on February 20, 2024, were as follows:
Sensex:
Top Gainers: Power Grid Corporation Of India (up 4.16%), HDFC Bank (up 2.59%), Axis Bank (up 2.32%), NTPC (up 2.01%), and Kotak Mahindra Bank (up 1.83%).
Top Losers: Tata Consultancy Services (down 1.75%), Bajaj Finserve (down 1.03%), Infosys (down 0.90%), HCL Technologies (down 0.86%), and ITC (down 0.77%).
Nifty:
Top Gainers: Power Grid Corporation Of India (up 4.18%), HDFC Bank (up 2.63%), Axis Bank (up 2.41%), NTPC (up 2.05%), and Kotak Mahindra Bank (up 1.80%).
Top Losers: Hero Motocorp (down 3.90%), Coal India (down 3.15%), Bajaj Auto (down 2.52%), Eicher Motors (down 1.92%), and Tata Consultancy Services (down 1.78%).
Nifty MidCap 50:
Top Gainers: Zee Entertainment Enterprises, Jubilant Foodworks, Steel Authority Of India, Hindustan Petroleum Corporation, and Indian Hotels Company.
Top Losers: Federal Bank, Biocon, NMDC, United Breweries, and Max Financial Services.
Nifty Small Cap 100:
Top Gainers: Shree Renuka Sugars, Deepak Fertilisers & Petrochemicals Corporation, Glenmark Pharmaceuticals, HFCL, and Housing & Urban Development Corporation.
Top Losers: Mangalore Refinery & Petrochemicals, JBM Auto, Birlasoft, Cyient, and Kalyan Jewellers India.
BSE:
Top Gainers: Zee Entertainment Enterprises (up 8.03%), Gujarat Ambuja Exports (up 6.12%), Eid Parry India (up 5.71%), Home First Finance Company India (up 5.39%), and TV18 Broadcast (up 4.99%).
Top Losers: The New India Assurance Company (down 5.69%), Federal Bank (down 5.34%), Mangalore Refinery & Petrochemicals (down 4.98%), Hero Motocorp (down 3.96%), and General Insurance Corporation Of India (down 3.82%).
NSE:
Top Gainers: Zee Entertainment Enterprises (up 7.93%), Eid Parry India (up 6.40%), Gujarat Ambuja Exports (up 6.04%), Home First Finance Company India (up 5.21%), and One 97 Communications (up 5.00%).
Top Losers: The New India Assurance Company (down 5.79%), Federal Bank (down 5.25%), Mangalore Refinery & Petrochemicals (down 4.51%), B E M L (down 4.14%), and General Insurance Corporation Of India (down 3.98%)
