Wipro Leads Nifty 50 Gainers As Markets End The Week In Green

Published 16-02-2024, 04:06 pm
© Reuters Wipro Leads Nifty 50 Gainers As Markets End The Week In Green

Benzinga - Friday’s trading session witnessed a mixed bag of fortunes for the Nifty 50 stocks. Wipro (NS:WIPR) and SBI Life (NS:SBIL) emerged as the top gainers, while PowerGrid and Britannia (NS:BRIT) bore the brunt of the market’s volatility.

Leading the pack of gainers, Wipro saw its stock price surge by 4.52% to ₹541.95, up from its last close of ₹518.50. The IT giant’s robust performance was closely followed by SBI (NS:SBI) Life, which witnessed a 4.17% increase in its stock price, closing at ₹1,514.00.

Stock Current Price Last Close % Change
Wipro ₹541.95 ₹518.5 4.52%
SBI Life ₹1514.0 ₹1453.35 4.17%
Mahindra & Mahindra ₹1838.0 ₹1765.05 4.13%
Adani Ports ₹1310.1 ₹1267.05 3.4%
Bajaj Auto (NS:BAJA) ₹8344.0 ₹8123.05 2.72%

Auto sector stocks also had a good day on the market. Mahindra & Mahindra saw a significant rise of 4.13% in its stock price, closing at ₹1,838.00. Bajaj Auto also joined the ranks of the top performers with a 2.72% increase, closing at ₹8,344.00.

Completing the top five gainers, Adani Ports saw its stock price rise by 3.39% to ₹1,310.10.

Stock Current Price Last Close % Change
PowerGrid ₹274.5 ₹281.65 -2.54%
Britannia ₹4922.0 ₹4950.55 -0.58%
SBI ₹757.35 ₹761.7 -0.57%
Reliance Industries (NS:RELI) ₹2925.0 ₹2941.2 -0.55%
NTPC (NS:NTPC) ₹337.4 ₹339.25 -0.55%

On the other side of the spectrum, PowerGrid led the list of losers, with its stock price falling by 2.53% to ₹274.50. Britannia also experienced a dip in its stock price by 0.57%, closing at ₹4922.00.

Other stocks that faced a downturn include SBI, with a marginal drop of 0.57% in its stock price, closing at ₹757.35. Reliance Industries also saw a slight decrease of 0.55%, with its stock price closing at ₹2925.00.

Rounding off the list of top five losers, NTPC saw its stock price fall by 0.54% to ₹337.40.

The domestic benchmark indices continued their upward trajectory on Friday, marking the fourth consecutive session of gains. At close, the Sensex surged by 376.26 points or 0.52% to reach 72,426.64, while the Nifty climbed 129.90 points or 0.59% to settle at 22,040.70.

Among sectors, except for PSU Bank, oil & gas, and power, all others traded in positive territory, with auto, capital goods, pharma, IT, and realty witnessing gains of 1-2%. Overall market sentiment remained positive, with more advancing stocks compared to declining ones.

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