Stock Market Updates: Sensex, Nifty Rise Led by Metals & IT; Financials Drag

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by Sandip Das on 14 March 2024,  5 min read

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The Indian stock market was trading in the green on March 14, 2024, following positive Asian cues. At 1:45 PM, Sensex was up 226 points at 73,028.16 while Nifty added 102 points and was trading at 22,100.30.

Around 2,673 stocks advanced and 1,164 declined while 91 stocks remained unchanged.

Among the sectors, Nifty Media, Nifty Metal and Nifty IT were up 1-2 percent each. On the other hand, selling was seen in Bank Nifty which shed 0.5 percent.

Also read: Krystal Integrated Services IPO: Check Price Band, Issue Size & More
Top Nifty50 Gainers
Company Name Last Traded Price (Rs) % Change
Adani Enterprises 3083.35 6.10
Adani Ports 1269.9 4.99
Hindalco Industries 522.1 2.98
Hero MotoCorp 4638.4 2.80
Infosys 1648.75 2.32
Top Nifty50 Losers
Company Name Last Traded Price (Rs) % Change
IndusInd Bank 1480.2 -1.49
Axis Bank 1064.9 -1.43
JSW Steel 782.55 -1.31
Tata Steel 141.9 -1.22
NTPC 319.35 -0.98
Most Active Stocks on NSE in Terms of Volumes
Company Name % Change Volumes
Tata Steel -1.22 7,95,20,761
ITC -0.12 2,19,43,310
Tata Motors -0.94 1,96,59,926
HDFC Bank -0.64 1,88,13,015
Power Grid 0.55 1,83,42,969
Stock on the Move
Federal Bank: down 2%

Share price of Federal Bank was down over 2 percent intraday on March 14 after the bank stopped the issuance of new co-branded credit cards. The bank is in the process of rectifying the areas that are deficient and will seek regulatory clearance before the resumption of new issuance.

Asian Markets Edge Higher

Asian shares held near seven-month highs on Thursday though traded mostly sideways as investors awaited fresh catalysts that would provide further clarity on the global interest rate easing cycle, according to a Reuters report. Japan’s Nikkei was up 0.29 percent at 38,807.38 while Kospi added 0.93 percent at 2,718.76. Hang Seng shed 0.71 percent at 16,961.66.

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.

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