Stock Market at Close: Sensex, Nifty Rise for 4th consecutive session; Wipro, M&M Up 4%


by Sandip Das on 16 February 2024,  4 min read

Stock Market at Close: Sensex, Nifty Rise for 4th consecutive session; Wipro, M&M Up 4%

The Indian benchmark indices ended on a positive note on February 16, 2024, rising for the fourth consecutive session. At close, Sensex gained 376 points at 72,426.64 while Nifty added 129 points and ended the session at 22,040.70.

Around 1549 stocks advanced and 1005 declined while 103 stocks remained unchanged in the stock market.

Among sectors, except PSU Bank, oil & gas, and power, all other indices are trading in the green with auto, capital goods, pharma, IT, and realty up 1-2 percent.

Top Nifty50 Gainers
Company Name Last Traded Price (Rs) % Change
Wipro 541.95 4.52
SBI Life Insurance 1514 4.17
Mahindra & Mahindra 1838 4.13
Adani Ports 1310.1 3.40
Bajaj Auto 8344 2.72
Top Nifty50 Losers
Company Name Last Traded Price (Rs) % Change
Power Grid 274.5 -2.54
Britannia Industries 4922 -0.58
State Bank of India 757.35 -0.57
Reliance Industries 2925 -0.55
NTPC 337.4 -0.55
Asian markets end higher

Hong Kong markets led gains in the Asian stock market on February 16, 2024, with Japan’s Nikkei 225 hitting a fresh 34-year high as it attempted to scale its all-time peak, CNBC reported. Hong Kong’s Hang Seng index climbed 2.41%. In Australia, the S&P/ASX 200 rose 0.69% to close at 7,658.3, while South Korea’s Kospi climbed 1.27% to end at 2,624.73.

Also read: Esconet Technologies IPO: Check Out Price Band, Issue Size & More
European markets rise

Major European markets were trading in the green. FTSE added 0.67 percent at 7,648.92 while CAC gained 0.51 percent at 7,782.98. German DAX was up 0.7 percent at 17,166.62.

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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