Market closes at 1-month high, HDFC Bank among top Nifty contributors

CNBC TV18 By Priyanka Deshpande Published Feb 16, 2024

[{"selector":"#anim-1ee48587-0e04-4b41-a045-280e96056d10","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-207f4aa5-0107-4686-8438-45012f7c9b29","keyframes":{"transform":["translate3d(0px, 217.93371%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Market gains for 4th straight day to close at a 1-month high

[{"selector":"#anim-7fc216c7-bbec-41bd-ba52-6d27820896fb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-73f28c53-4807-408c-b125-f73c92265f94","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 171.84349%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex rises 376 points to 72,427 & Nifty 130 points to 22,041

[{"selector":"#anim-f647ca76-5a88-45cf-842d-b513e0ecab83","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-da451ffe-204e-471b-8a16-ece936400469","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 265.30222%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty closes above 22,000 for the first time in last one month

[{"selector":"#anim-474023ac-77a8-42c1-91db-f6455a3fa7c0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-85eadeb5-ef68-45dc-a064-132fe4579787","keyframes":{"transform":["translate3d(0px, 170.70708%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty Bank gains 166 points to 46,385 & Midcap Index 310 points to 49,132

[{"selector":"#anim-517449ac-129c-4c6d-a773-bb9ee4405d7a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-03be9a23-ca33-4cbf-8634-14198f837ffb","keyframes":{"transform":["translate3d(0px, 223.19690%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Except Kotak Bank, all Nifty Bank constituents close higher

[{"selector":"#anim-f6f003e3-523e-4911-81a6-84f6c7174e45","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a34c53c1-4d70-4227-9eb2-9d5dc8b77cdd","keyframes":{"transform":["translate3d(0px, 172.97984%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] HDFC Bank gains for 2nd straight day, is amongst top Nifty contributors

[{"selector":"#anim-7d0bb83f-10ac-49d7-968b-505e2b7f6e0b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-06f076f7-ccc7-406a-909a-d48e2b6ab60c","keyframes":{"transform":["translate3d(0px, 175.25254%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Auto stocks rise amid healthy volumes, Bajaj, M&M, Maruti, TVS hit record highs

[{"selector":"#anim-aaf4ac2a-cfde-43fc-95f3-cddf54527bee","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9b7ae70a-eeea-490f-9d7d-8b377bff0c5a","keyframes":{"transform":["translate3d(0px, 170.70708%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] SBI Life’s positive commentary for Q4 lifts insurance pack, stocks up 1-4%

[{"selector":"#anim-50ab55b5-49e5-44ca-9928-47eebe08a76b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-34b86c50-87c5-4480-a0dc-c8dedabddeac","keyframes":{"transform":["translate3d(0px, 178.66165%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Glenmark Pharma guides for healthy growth in Q4, stock up 8%

[{"selector":"#anim-19e69a0b-366a-4273-ab73-0466599d5512","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-090cd9e7-ae95-48fd-a6cb-ecc741b161f3","keyframes":{"transform":["translate3d(0px, 185.47981%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Ipca Labs gains over 7% as company expects healthy growth to return in FY25

[{"selector":"#anim-8f1f2a62-a8c8-46b5-8d78-7c79a7b7362e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-08546a4c-d45f-4cc5-a8cf-fedda265270c","keyframes":{"transform":["translate3d(0px, 165.02527%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Gujarat Gas’ muted guidance for volume growth drags the stock down 6%

[{"selector":"#anim-e8d60c1b-6462-4984-9ea8-a2db452023ab","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b70d3809-62cb-4188-a31b-7a805f49ced6","keyframes":{"transform":["translate3d(0px, 171.84349%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] USL & UBL erase gains as Karnataka government will revise IML & Beer tax

ICICI Pru, HDFC MF top inflow charts; large-cap funds lap up most money in Q3 of FY24

[{"selector":"#anim-fb25f3ca-32a3-448c-b374-77a7f95287b1","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Thanks For Reading! Read More