Top 5 Stocks Of The Day: From Coal India to HCLTech, these stocks gained more than 2.84%; Check others here

Top 5 Stocks Of The Day: The top Nifty gainers are Bajaj Auto, HCL Technologies, Eicher Motors, ITC, and Coal India; the top losers are IndusInd Bank, HDFC Bank, BPCL, Kotak Mahindra Bank, and Hero MotoCorp. Auto, Capital Goods, Metal, Power, Information Technologies, and Telecom all had a 1% increase on a sectoral basis. The bank index did, however, close somewhat lower. The Smallcap index increased by 0.5 percent, while BSE Midcap gained one percent.

Top 5 Stocks Of The Day

Sensex and NSE Nifty50

The Nifty was up 162.50 points, or 0.74 percent, at 22,217.50, and the Sensex was up 535.15 points, or 0.74 percent, at 73,158.24 at the closing. A little over 1591 shares rose, 1685 shares fell, and 77 shares remained constant. The Indian benchmark indices concluded the turbulent session with a gain, with Nifty closing above 22,200.

S&P Global Market Intelligence

Real GDP growth in 2024 was revised by S&P Global Market Intelligence to 2.5 percent from 2.3 percent before, mostly due to an increase in growth estimates for the US, Canada, UK, and the Euro Zone. It did, however, issue a warning that the inflation outlook is still uncertain. Based on its February Global Economic Forecast Update, S&P Global Market Intelligence projects that the US will have real GDP growth of 2.4 percent, up from 1.7 percent. This is because of an atypically robust growth in the last quarter of 2023, which is likely to continue into early 2024.

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