Heavyweight Stocks Lift Sensex, Nifty, Snap 2-Day Losing Streak; Oil & Gas Drags


by Sandip Das on 27 February 2024,  4 min read

Heavyweight Stocks Lift Sensex, Nifty, Snap 2-Day Losing Streak; Oil & Gas Drags

 The Indian stock market snapped its 2-day losing streak on February 27, 2024. At close, Sensex was up 305 points at 73,095.22 while Nifty added 76 points and was trading at 22,198.35.

Around 991 stocks advanced and 1,561 declined while 106 stocks remained unchanged.

Among sectors, Auto, Capital Goods, Information Technology, Pharma, and Realty were up 0.5-1 percent each, while the Oil & Gas index shed 1 percent.

Top Nifty 50 Gainers
Company Name Last Traded Price (Rs) % Change
Tata Motors 962.55 2.73
TCS 4100.5 2.49
Power Grid 293 1.81
IndusInd Bank 1492 1.74
Sun Pharma 1579.55 1.45
Top Nifty 50 Losers
Company Name Last Traded Price (Rs) % Change
Hero MotoCorp 4420.1 -1.69
Bajaj Finance 6555.4 -1.32
State Bank of India 749.5 -1.24
Bajaj Finserv 1595 -1.20
Divis Labs 3540 -1.04
Asian Markets ended up mixed

Asia-Pacific markets traded mixed Tuesday, with Hong Kong stocks leading the declines and Japan’s Nikkei 225 giving up gains from earlier in the session. Japan’s Nikkei 225 traded 0.1% higher to close at 39,239.52. The broader Topix index added 0.18% to close at 2,678.46, according to a CNBC.com report.

Also read: Exicom Tele-Systems IPO: Top Things To Know Before Subscribing To The Issue

In Australia, the S&P/ASX 200 was 0.13% higher, closing at 7,663. South Korea’s Kospi edged 0.83% lower to end at 2,625.05, while the small-cap Kosdaq fell 1.57% to close at 653.75.

European markets trading mixed

European markets were mixed Tuesday morning, following a global move lower. The Stoxx 600 index was flat. FTSE was trading flat at 7,684.31 while CAC was down 0.03 at 7,927.31. German DAX gained 0.45 percent at 17,500.77.

Disclaimer: The information provided in this blog post is for informational purposes only and should not be construed as investment or trading advice. The author is not a financial advisor and does not have any professional qualifications in this area. The author does not guarantee the accuracy or completeness of the information provided. Any action you take based on the information in this blog post is done at your own risk. Please consult with a financial advisor before making any investment decisions.

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