Sensex, Nifty End Flat Amid Volatility; Pharma Gains, PSU Banks Drag


by Sandip Das on 23 February 2024,  4 min read


The Indian equity market ended on a flat note on February 23, 2024 amid volatility. At close, Sensex shed 15 points at 73,142.80 while Nifty slipped 4 points and ended the session at 22,212.70.

Around 1367 stocks advanced and 1181 declined while 113 stocks remained unchanged.

Among the sectors, the media and realty index added a percent each followed by the pharma index which gained 0.5 percent. On the other hand, selling was witnessed in PSU Bank, oil & gas and metal space.

Top Nifty50 Gainers
Company Name Last Traded Price (Rs) % Change
Bajaj Finserv 1616 1.47
SBI Life Insurance 1530 1.35
HDFC Life Insurance 580.8 1.07
LTI Mindtree 5539.95 0.97
Dr Reddy’s Labs 6425 0.96
Top Nifty50 Losers
Company Name Last Traded Price (Rs) % Change
BPCL 617 -1.42
HCL Tech 1664.4 -1.30
Maruti Suzuki 11520 -1.18
Asian Paints 2982.85 -1.15
ONGC 271.7 -1.09
Most Active Stocks on NSE in Terms of Volumes
Company Name % Change Volumes
Tata Steel -0.34 -0.34
HDFC Bank -0.01 -0.01
Power Grid -0.25 -0.25
State Bank of India -0.72 -0.72
ICICI Bank -0.14 -0.14
Asian Markets End Higher

Asia-Pacific markets were mostly higher on Friday. China stocks rose for the ninth straight session as investors digested property prices data. South Korea’s Kospi ended 0.13% higher at 2,667.70, while the smaller-cap Kosdaq closed 0.18% lower at 868.57. In Australia, the S&P/ASX 200 closed 0.43% higher at 7,643.60, according to a report.

Also Read: Sadhav Shipping IPO: Top Things to Know as IPO Opens for Subscription
European Markets Trade Weak

European shares edged up on Friday in choppy trading as gains in heavy-weight banks following Standard Chartered’s strong earnings report were nearly offset by a drop in telecom stocks, ahead of remarks from European Central Bank policymakers, according to a Reuters report.

At 4 PM IST, FTSE added 0.07 percent at 7,689.83 while CAC was up 0.26 percent at 7,931.82. The German DAX shed 0.03 percent at 17,364.74.

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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