Stay updated with the latest market trends! Discover the top gainers and losers in stocks on February 15, 2024, and make informed investment decisions.
Introduction
In today’s financial landscape, understanding the top gainers and losers in the stock market is crucial for investors to make informed decisions. On February 15, 2024, the Indian stock market witnessed notable movements, with Mahindra & Mahindra, Bharat Petroleum Corporation, Axis Bank, and Apollo Hospitals Enterprise among the most active stocks. Let’s delve into the details of the day’s market performance and analyze the significant movements.
Market Overview
The benchmark indices exhibited positive momentum, with the Sensex recording a gain of 227.55 points, or 0.32%, closing at 71822.83. Similarly, the Nifty rose by 70.7 points, or 0.32%, settling at 21840.05. Throughout the trading session, the Nifty oscillated between a high of 21953.85 and a low of 21794.8. On the other hand, the Sensex traded within a range of 72164.97 and 71644.44, ultimately closing higher at 71822.83.
Midcap and Small Cap Performance
The Nifty Midcap 50 index outperformed the Nifty 50, posting a gain of 1.0%. Additionally, small cap stocks demonstrated robust performance, with the Nifty Small Cap 100 closing at 15896.05, reflecting a gain of 1.32%.
Historical Returns
here is a table displaying the historical returns of the Nifty 50:
| Time Frame | Returns |
|---|---|
| 1 Week | 0.89% |
| 1 Month | -0.85% |
| 3 Months | 11.36% |
| 6 Months | 12.56% |
| 1 Year | 21.62% |
Top Gainers and Losers
Nifty Index
Top Gainers
- Mahindra & Mahindra – 6.52%
- Bharat Petroleum Corporation – 4.67%
- NTPC – 3.43%
- Oil & Natural Gas Corporation – 3.14%
- Power Grid Corporation of India – 2.92%
Top Losers
- Axis Bank – 2.25%
- Apollo Hospitals Enterprise – 1.87%
- ITC – 1.86%
- Hindustan Unilever – 1.55%
- Nestle India – 1.34%
Bank Nifty
here is the table displaying the performance of Bank Nifty across different time frames:
| Time Frame | Returns |
|---|---|
| 1 Week | 2.66% |
| 1 Month | -4.04% |
| 3 Months | 4.55% |
| 6 Months | 5.15% |
| 1 Year | 10.74% |
Additional Insights
Sensex
Top Gainers
- Mahindra & Mahindra – 6.51%
- NTPC – 3.58%
- Power Grid Corporation of India – 2.79%
- State Bank of India – 2.46%
- HDFC Bank – 2.15%
Top Losers
- Axis Bank – 2.11%
- ITC – 1.85%
- Hindustan Unilever – 1.58%
- Nestle India – 1.32%
- Sun Pharmaceutical Industries – 0.79%
Nifty MidCap 50
Top Gainers
- Hindustan Petroleum Corporation
- Mphasis
- NMDC
- Polycab India
- Federal Bank
Top Losers
- Zee Entertainment Enterprises
- Max Financial Services
- Au Small Finance Bank
- Godrej Properties
- Oberoi Realty
Nifty Small Cap 100
Top Gainers
- Aegis Logistics
- NLC India
- Kalyan Jewellers India
- Medplus Health Services
- Global Health
Top Losers
- Jyothy Labs
- Elgi Equipments
- Creditaccess Grameen
- Intellect Design Arena
- Birla Corporation
BSE and NSE
Both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) witnessed notable movements in their respective indices, with significant gains and losses in various stocks.
Conclusion
Understanding the performance of top gainers and losers in the stock market is essential for investors to make informed decisions. The insights provided for February 15, 2024, shed light on the day’s market movements, allowing investors to strategize effectively.