On February 16, 2024, the Nifty 50 and Sensex saw gains, increasing by 0.59% and 0.52% to close at 22,040 and 72,426, respectively. Both Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) showed buying activity worth ₹253 crore and ₹1,571 crore, respectively.
The Nifty Auto, Nifty Pharma, Nifty Realty and Nifty IT sectors experienced gains in the sectoral landscape. Conversely, the Nifty Oil & Gas and Nifty PSU Bank saw declines. The top gainers were Wipro, SBI Life Insurance, Mahindra & Mahindra and Adani Ports & Special Economic Zone, while the top losers included Powergrid Corporation, Indian Oil Corporation, Life Insurance Corporation and United Spirits.
Tata Motors and Mahindra & Mahindra made headlines on February 16, 2024.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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