DSIJ Mindshare

Nifty closed flat after recovering from lower levels; Banking stocks led the recovery

NTPC, Bajaj-Auto and Adani Ports are the top gainers, on other hand Divis Lab, Shree cement and Eicher motors were the top losers amongst Nifty 50 stocks. 

Prasad Chavan 0 434 Article rating: 4.0

Markets traded in small range for yet another day. Nifty closed around 5.7 points or 0.03 per cent in green to close around 17,624 level. S&P BSE Sensex also closed nearly flat with gains of 64 points. Nifty Midcap 100 and Nifty Small cap 100 traded in smaller range for the whole day and closed flat around 0.03 per cent and 0.15 per cent. 

Watch out for these penny stocks locked in the upper circuit on April 20

The banking, financial and IT sectors were the main contributors to the increase.

Kaustubh Bhosale 0 882 Article rating: 3.8

Mastek, an IT firm, saw its shares rise by more than 8 per cent after a 22 per cent YoY increase in Q4 FY23 revenue, while Tata Communication's shares remained unchanged after the company's Q4 net profit fell by 10 per cent to Rs 326 crore.

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