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On Thursday, the stock market experienced a mixed performance with the BSE Sensex closing marginally higher by 10.31 points at 74,612.43, while the NSE Nifty fell by 2.50 points to 22,545.05, marking its seventh consecutive day of decline.
Share prices of Bajaj Finserv Ltd., Bajaj Finance Ltd., Sun Pharmaceutical Industries Ltd., Zomato Ltd., and Tata Steel Ltd. emerged as the top gainers on Thursday.
Among the laggards were shares of UltraTech Cement Ltd., Tata Motors Ltd., Mahindra & Mahindra Ltd. (M&M), Kotak Mahindra Bank Ltd., and NTPC Ltd.
The BSE Sensex closed nearly flat in a volatile session marked by monthly derivatives expiry. The 30-share BSE Sensex ended marginally higher by 10.31 points or 0.01 per cent at 74,612.43, while the NSE Nifty declined 2.50 points or 0.01 per cent to close at 22,545.05, marking its seventh consecutive day of decline.
Bajaj Finserv led the advances, climbing 2.59 per cent to ₹1,924.55 amid positive sentiment in financial stocks. Bajaj Finance followed closely, rising 2.39 per cent to ₹8,695.50.
Sun Pharmaceutical Industries gained 1.63 per cent to close at ₹1,640.00, reversing its previous downtrend. Zomato shares showed strong momentum, adding 1.53 per cent to finish at ₹229.10. Tata Steel completed the top five gainers with a 1.17 per cent increase, ending at ₹138.65.
UltraTech Cement was the biggest loser, dropping significantly by 4.99 per cent to ₹10,420.65. Tata Motors declined 2.05 per cent to ₹648.20.
Mahindra & Mahindra fell 1.95 per cent to ₹2,725.95, while Kotak Mahindra Bank slipped 1.43 per cent to ₹1,940.00. NTPC closed 1.00 per cent lower at ₹315.75.
“Markets traded dull on the monthly expiry day, closing nearly unchanged for the second straight session. After an initial uptick, Nifty quickly flattened, trading within a narrow range before settling at 22,545.05. The past two sessions reflect indecision, likely due to oversold conditions,” Ajit Mishra – SVP, Research, Religare Broking Ltd, said.
Published on February 27, 2025
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