Top 5 Stocks Of The Day: Hero MotoCorp, Coal India, Bajaj Auto, Eicher Motors, and TCS are the biggest losers, while Power Grid Corporation, HDFC Bank, Axis Bank, NTPC, and Kotak Mahindra Bank are the biggest winners. Sectorally, auto, IT, and metal were down almost a percent apiece, while bank, media, power, and real estate were up 0.8–2% apiece. The BSE Midcap and Smallcap indices saw slight declines at the close.
Top 5 Stocks Of The Day
Name of companies | Change | Volume |
Power Grid Corporation | 4.36 | 4,30,53,543 |
HDFC Bank | 2.53 | 2,80,66,754 |
Axis Bank | 2.27 | 87,22,800 |
NTPC | 2.14 | 1,93,40,526 |
Kotak Bank | 2.04 | 76,11,124 |
Sensex and NSE Nifty50
The Nifty was up 74.70 points, or 0.34 percent, at 22,197.00 at the closing, while the Sensex was up 349.24 points, or 0.48 percent, at 73,057.40. A little over 1661 shares rose, 1667 shares fell, and 65 shares remained unchanged. On February 20, Indian benchmark indices continued to rise for the sixth straight day, with Nifty crossing 22,200 for the first time.
Kotak Mahindra Bank
The announcement that KVS Manian of Kotak Mahindra Bank was being considered for the MD & CEO position at Facebook caused the stock of Federal Bank to rise by around 10% following the results correction. But Mr. Manian’s promotion to JMD by KMB, pending RBI approval, may dash expectations for him to run for FB. Analysts predicted that any stock spike triggered by this news would probably reverse.
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