The Sensex recovered major losses to end flat as markets closed on February 18. The benchmark index recovered 436 points from day's low to close in mild red at 75,967. Several stocks saw strong trading volumes on the index that led to the recovery.
HCL Tech was the volume topper on the index. While the stock closed with marginal gains of 0.85 percent, it saw strong buying from investors. Nearly 1.25 lakh shares were involved in active trade, which is nearly 4 times higher than its 10-day average volume.
Tech Mahindra and NTPC shares saw a strong rise in stock prices, being the top gainers on the index. Tech Mahindra shares were up over 2 percent to close at Rs 1,698 apiece. Its trading volume was nearly 2 times higher than its 10-day average volume. NTPC shares, meanwhile, jumped nearly 3 percent to close at Rs 312 apiece. The stock was trading at a volume greater than its 10-day average.
Zomato shares also saw strong recovery, snapping its 2-day losing streak. The stock closed nearly 2 percent higher at Rs 223 apiece. Its trading volume too was higher than its 10-day average.
The other stocks which recorded gains included Kotak Mahindra Bank, Power Grid, Nestle India, Maruti Suzuki, Bajaj Finance, HDFC Bank, Axis Bank, Adani Ports and Reliance Industries.
While these stocks recorded gains, the rest of the pack closed in the red. Bharti Airtel saw trading volumes nearly 3 percent higher than its 10-day average volume. The stock however closed with marginal losses.
In terms of percentage change, IndusInd Bank shares were the top loser. The shares of the bank closed over 2 percent lower at Rs 1,023 apiece.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
