Nifty Scales New Peak: Markets Extend Winning Streak for Sixth Day

20 Feb 2024 , 03:44 PM

On February 20, Indian benchmark indices continued their upward trajectory for the sixth consecutive session, with the Nifty surpassing the 22,200 mark for the first time.

By the end of trading, the Sensex had gained 349.24 points or 0.48%, reaching 73,057.40, while the Nifty was up by 74.70 points or 0.34%, closing at 22,197.00. The market witnessed 1661 shares advancing, 1667 shares declining, and 65 shares remaining unchanged.

Among the top gainers were Power Grid Corporation, HDFC Bank, Axis Bank, NTPC, and Kotak Mahindra Bank, while Hero MotoCorp, Coal India, Bajaj Auto, Eicher Motors, and TCS faced losses.

In terms of sectors, banking, media, power, and realty witnessed gains of 1-3% each, whereas auto, IT, and metal sectors saw a decline of 1% each.

The BSE Midcap and Smallcap indices ended the day with marginal losses.