On February 27, the Sensex and Nifty 50 ended flat amid concerns over foreign capital outflow and trade war fears. While the Sensex gained 10 points, the Nifty 50 fell 3 points, marking its seventh consecutive loss. Mid and small-cap indices faced significant declines.
Domestic equity benchmarks- the Sensex and the Nifty 50- ended flat on Thursday, February 27, amid persisting concerns of foreign capital outflow, economic growth slowdown and a trade war fears between the US and its allies.
The Sensex closed 10 points up at 74,612.43, while the Nifty 50 settled at 22,545.05, down 3 points. Mid and small-cap indices, however, suffered strong losses as the BSE Midcap fell 0.97 per cent and the Smallcap index plunged 2.09 per cent.
Shares of UltraTech Cement, Mahindra and Mahindra, Kotak Mahindra Bank, SBI and ITC ended as the top drags on the Sensex index. However, gains in shares of select heavyweights, including HDFC Bank, Bajaj Finance and Reliance Industries, helped the index end flat with minor gains.
Stock market today: 10 key highlights
Here are 10 key highlights of the Indian stock market today:
1. Nifty 50 falls for 7th consecutive session
While the Sensex ended with nominal gains, the Nifty 50 extended losses for the seventh consecutive session. The index is down over 4 per cent this month and looks set to end in the negative territory for the fifth consecutive month in about 30 years.
2. Top Nifty 50 gainers today
Shares of Shriram Finance (up 5.18 per cent), Bajaj Finserv (up 2.40 per cent) and Bajaj Finance (up 2.03 per cent) closed as the top gainers in the Nifty 50 index.
3. Top Nifty 50 losers today
Shares of UltraTech Cement (down 4.69 per cent), Trent (down 3.63 per cent) and Bajaj Auto (down 2.65 per cent) ended as the top losers in the index.
4. Sectoral indices today
Nifty Bank rose 0.28 per cent while the Private Bank index climbed 0.23 per cent. On the other hand, Nifty PSU Bank index fell 1.09 per cent.
Nifty Media (down 3.58 per cent) ended as the top loser among sectoral indices. Nifty Realty (down 2.09 per cent) and Auto (down 1.51 per cent) also ended with losses.
5. Most active stocks in terms of volume
Vodafone Idea (33.2 crore shares), YES Bank (6.3 crore shares), Bandhan Bank (4.7 crore shares), IDFC First Bank (4.2 crore shares) and Manappuram Finance (4 crore shares) stood as the most active stocks in terms of volume on the NSE.
6. Stocks at 52-week high
52 stocks, including Bajaj Finance, Chambal Fertilisers and Meghna Infracon Infrastructure, hit their fresh 52-week highs in intraday trade on the BSE.
7. Over 450 stocks hit 52-week lows today
As many as 466 stocks, including SBI, Tata Motors, Adani Green Energy, Bharat Forge, Canara Bank, Dr. Reddy’s Laboratories, Hero MotoCorp and Varun Beverages, hit their 52-week lows in intraday trade on the BSE.