POST MARKET
The Indian benchmark indices ended lower on February 27, with the Nifty closing below the 25,200 mark amid broad-based selling across sectors, except IT and media.
At close,
Sensex was down 961.42 points or 1.17 percent at 81,287.19
Nifty was down 317.90 points or 1.25 percent at 25,178.65.
About 1615 shares advanced, 2392 shares declined, and 173 shares unchanged.
Top losers – Dr Reddy’s Labs, Bharti Airtel, M&M, HDFC Life, Sun Pharma
Top gainers – Trent, HCL Tech, Infosys, Apollo Hospitals.
Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, and consumer durables ended in the green.
Among the broader market indices, the Nifty Midcap and smallcap indices are down 1% each.
STOCKS IN NEWS
Interglobe Aviation
Shares of Interglobe Aviation Ltd, the parent of low-cost carrier IndiGo, fell over 2 percent on February 27 to emerge among the top Nifty losers as aviation regulator DGCA revised air ticket refund norms. Now, passengers can cancel or change air tickets without paying an additional charge within 48 hours of making the bookings
Angel One
Shares of capital market-linked firm Angel One fell over 5.5 percent on Friday amid weak market sentiment and remarks by the National Stock Exchange (NSE) chief on derivatives volumes.
Redington
Redington Ltd shares surged sharply on Friday, jumping over 12 percent, as investor interest picked up after Apple chief executive Tim Cook teased a “big week” of product announcements starting next Monday.
Vishal Mega Mart
Shares of Vishal Mega Mart fell almost 7 percent to Rs 117.85 per share on February 27 after 14.2% equity worth Rs 7,915 crore changed hands through a block deal.
Source – Moneycontrol
