Markets ended the truncated week with the benchmark Sensex index falling two percent higher and the NSE Nifty declined 0.3 percent on a weekly basis, amid subdued global cues and rising crude oil prices.
Based on weekly analysis of stocks, the following names are come out as the top gainers and losers respectively in the Nifty50 weekly gainers’ chart for the truncated week ended Thursday, 20-February, 2020:Stock Market Tips click on the link.
Among Nifty gainers for the week, Zee Entertainment (ZEEL) shares advanced up over 7.56 percent followed by Power Grid up 2.80%, Coal India higher by 2.63%, SBI up by 2.58% and Titan company, up by 2.27 percent for the week. Also, Bajaj Finance, Wipro, Infosys, Grasim, and Nestle were other major gainers this week, rising by up to 2 percent.
On the downside, the top Nifty losers were Yes Bank, down by 8.87 percent this week followed by Tata Motors (down 6.27%), Hero MotoCorp (down4.93%), Bharti Infratel (down 3.93%), and Bharti Airtel-down by 3.43 percent.
Looking at broader market indices this week, the Nifty Banking index rose 0.35 percent and the Media gauge jumped 2.1 percent this week, being the top sectoral gainers.