Nifty Top Gainers And Losers On March 24: From Kotak Mahindra Bank, NTPC To Titan And IndusInd Bank
The top laggard was IndusInd Bank Ltd. as the stock fell 2.8%, along with Titan Co. that closed 2.7% lower at Rs 2,801.85.
Last week's momentum in Indian stocks carried over on Monday, as the two benchmarks posted their sixth consecutive day of gains.
The NSE Nifty 50 ended 307.95 points, or 1.32% higher at 23,658.35, while the BSE Sensex closed 1,078.87 points, or 1.40% up, after they reported their best week in four years.
Share price of Kotak Mahindra Bank Ltd. rose 5%, reaching over a three-year high as trading volumes surged. The scrip rose to Rs 2,184 apiece. It settled 4.5% higher.
The scrip's last recorded peak was on Oct. 27, 2021, when the stock had surged to Rs 2,190.
The second best performer was NTPC Ltd., which gained 4.8% to Rs 368 apiece during the day. At market close, the stock gained as much as 4.5% to Rs 367 apiece.
State Bank of India also closed the day with gains as the stock soared 3.7% to end at Rs 781 apiece.
The top laggard was IndusInd Bank Ltd. as the stock fell 2.8%, along with Titan Co. that closed 2.7% lower at Rs 2,801.85.
Trent Ltd., Mahindra & Mahindra Ltd. and Bharti Airtel Ltd. followed.
Besides, on the Nifty, 41 stocks advanced and nine declined. In terms of market cap, the 50-stock index added Rs 2.48 lakh crore in value.
