Top 5 stocks of the day: Bajaj Finserv, HDFC Life, Hindalco Industries, Asian Paints, and Infosys were among the top gainers, while Adani Enterprises, Adani Ports, Hero MotoCorp, Cipla, and JSW Steel were among the Nifty’s biggest losers. Except for capital goods and information technology, all other sectoral indices ended in the red. The BSE midcap and smallcap indices finished flat.
Yes Bank, Adani Enterprises among most active stocks in opening deals
Yes Bank | 17.05 | -0.05(-0.29) |
Vodafone Idea | 7.85 | -0.05(-0.63) |
Tata Steel | 112.65 | +1.20(1.08) |
Samvardhana Motherson International | 80.10 | -0.65(-0.80) |
Adani Ports & Special Economic Zone | 565.40 | -33.85(-5.65) |
NCC | 96.80 | +2.30(2.43) |
Adani Power | 172.80 | -9.10(-5.00) |
Punjab National Bank | 51.40 | -0.20(-0.39) |
Steel Authority of India | 86.00 | +1.45(1.71) |
Adani Enterprises | 1947.85 | -216.40(-10.00) |
Top 5 stocks of the day: Sensex and NSE Nifty50
In a volatile session on February 10, benchmark indices ended higher, with the Nifty hovering around 17,900. The Sensex was up 142.43 points, or 0.23%, at 60,806.22, and the Nifty was up 21.80 points, or 0.12%, at 17,893.50 at the close. Approximately 1670 shares have advanced, 1714 shares have declined, and 142 shares have remained unchanged.
Top 5 stocks of the day: Oil prices remain steady
Oil prices remained stable on Thursday, as optimism about recovering Chinese demand was offset by US oil inventories reaching their highest level in months and signs that the US Federal Reserve may continue to raise interest rates.
Brent crude futures were up 30 cents to $85.39 a barrel by 0856 GMT, while WTI crude futures in the United States were up 26 cents to $78.73 a barrel. So far this week, both benchmarks have gained around 7%.
RBI to hike rates again on sticky inflation, Fed pressure
Analysts predict that the Reserve Bank of India will raise interest rates again in April as inflationary pressures persist and the Federal Reserve continues to tighten, a day after the central bank delivered what many expected to be its final hike of the current cycle.
The RBI raised the repo rate by 25 basis points (bps) on Wednesday, the sixth straight hike in a row, bringing the total for the current fiscal year to 250 bps.
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