Mumbai markets slump, but select stocks shine with over 15% gains


Daijiworld Media Network - Mumbai

Mumbai, Feb 24: Despite heavy selling pressure in frontline bluechip stocks, several shares posted impressive gains of over 15% in Monday’s trading session.

Technojet Cons surged 48.49%, while The Mandhana Retail jumped 19.91%, standing out as top performers in an otherwise weak market.

The benchmark BSE Sensex tumbled 752.81 points to 74,558.25, while the NSE Nifty shed 232.06 points to 22,563.85 as investors booked profits in key index heavyweights.

In the Nifty50, only 11 stocks managed to stay in the green, while 39 stocks faced declines.

Notably, Technojet Cons, Shree Rama News, Precision Containeurs, Bharat Textiles, and Hira Automobiles hit fresh 52-week highs, while JHS Svendgaard Retail, NTPC Green Energy, KIFS Financial, Precision Elect, and Rane Eng Valve slumped to new 52-week lows.

With volatility gripping the markets, investors remained cautious amid global uncertainties and domestic cues.

 

  

Top Stories


Leave a Comment

Title: Mumbai markets slump, but select stocks shine with over 15% gains



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.