Top Gainers and Losers today on 1 March, 2024: Tata Steel, JSW Steel, Dr Reddys Laboratories, HCL Technologies among most active stocks; Check full list here (2024)

The Nifty closed at 21982.8, up by 1.62% today. Throughout the day, the Nifty reached a high of 22353.3 and a low of 22047.75. On the other hand, the Sensex traded between 73819.21 and 72591.14, closing 1.72% higher at 72500.3, which was 1245.05 points above the opening price.

The Nifty Midcap 50 closed 1.11% higher, underperforming the Nifty 50. Similarly, the Nifty Small Cap 100 ended at 15976.2, up by 82.75 points and 0.52% higher than before.

The Nifty 50 has shown the following returns:

- In the last 1 week: 0.53%

- In the last 1 month: 2.92%

- In the last 3 months: 10.18%

- In the last 6 months: 14.9%

- In the last 1 year: 27.96%

In the Nifty index, the top gainers were Tata Steel (up 6.46%), JSW Steel (up 4.51%), Larsen & Toubro (up 4.48%), Titan Company (up 3.90%), and Indusind Bank (up 3.51%). On the other hand, the top losers were Dr Reddys Laboratories (down 3.59%), HCL Technologies (down 1.19%), Sun Pharmaceutical Industries (down 1.19%), Infosys (down 1.15%), and Britannia Industries (down 0.76%).

The Bank Nifty ended at 46120.9, with an intraday high of 47342.25 and a low of 46218.0. The Bank Nifty's performance in different time periods is as follows:

- In the last 1 week: 1.07%

- In the last 1 month: 2.44%

- In the last 3 months: 5.58%

- In the last 6 months: 6.48%

- In the last 1 year: 16.25%

Moving on to the list of top gainers and losers during the trading session on March 1, 2024:

- Sensex:

- Top gainers: Tata Steel (up 6.46%), Larsen & Toubro (up 4.39%), Titan Company (up 3.73%), Indusind Bank (up 3.44%), ICICI Bank (up 3.18%)

- Top losers: HCL Technologies (down 1.36%), Infosys (down 1.19%), Sun Pharmaceutical Industries (down 1.11%), Tech Mahindra (down 0.36%)

- Nifty:

- Top gainers: Tata Steel (up 6.46%), JSW Steel (up 4.51%), Larsen & Toubro (up 4.48%), Titan Company (up 3.90%), Indusind Bank (up 3.51%)

- Top losers: Dr Reddys Laboratories (down 3.59%), HCL Technologies (down 1.19%), Sun Pharmaceutical Industries (down 1.19%), Infosys (down 1.15%), Britannia Industries (down 0.76%)

- Nifty MidCap 50:

- Top gainers: Steel Authority Of India, Indus Towers, Vodafone Idea, REC, Page Industries

- Top losers: Zee Entertainment Enterprises, Voltas, Biocon, Abbott India, Coforge

- Nifty Small Cap 100:

- Top gainers: Data Patterns India, Metropolis Healthcare, IIFL Finance, PNB Housing Finance, Elgi Equipments

- Top losers: Global Health, Amber Enterprises India, KRBL, Suzlon Energy, Jyothy Labs

- BSE:

- Top gainers: Steel Authority Of India (up 9.77%), Suven Pharmaceuticals (up 9.38%), Jamna Auto Industries (up 8.47%), Oil India (up 7.80%), Metropolis Healthcare (up 6.97%)

- Top losers: Max Healthcare Institute (down 7.38%), Global Health (down 4.82%), Aptus Value Housing Finance India (down 4.80%), TV18 Broadcast (down 4.70%), PB Fintech (down 4.43%)

- NSE:

- Top gainers: Steel Authority Of India (up 9.74%), Suven Pharmaceuticals (up 9.01%), Jamna Auto Industries (up 8.59%), Oil India (up 7.79%), Data Patterns India (up 7.19%)

- Top losers: Max Healthcare Institute (down 7.13%), Aptus Value Housing Finance India (down 5.11%), Global Health (down 4.81%), TV18 Broadcast (down 4.37%), PB Fintech (down 4.08%)

For more details on the top gainers and losers on BSE and NSE, you can visit the following links:

- BSE top gainers: [link](https://www.livemint.com/market/bse-top-gainers)

- BSE top losers: [link](https://www.livemint.com/market/bse-top-losers)

- NSE top gainers: [link](https://www.livemint.com/market/nse-top-gainers)

- NSE top losers: [link](https://www.livemint.com/market/nse-top-losers)

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Published: 01 Mar 2024, 04:03 PM IST

Top Gainers and Losers today on 1 March, 2024: Tata Steel, JSW Steel, Dr Reddys Laboratories, HCL Technologies among most active stocks; Check full list here (2024)

FAQs

Who are the top gainers in March 2024? ›

In the Nifty index, the top gainers were Bajaj Finance (up 2.21%), Hindalco Industries (up 1.99%), Britannia Industries (up 1.98%), Adani Ports & Special Economic Zone (up 1.76%), and Larsen & Toubro (up 1.45%).

Why did Tata Steel drop? ›

Tata Steel shares fell 3% after reporting a 64% decline in net profit to Rs 611 crore in Q4FY24, missing D-Street's estimates. Jefferies sees weak results but better than expected, with Motilal Oswal stating revenue at Rs 36,600 crore and ASP affecting EBITDA/t.

Which is better Tata Steel or JSW Steel? ›

The five-year average inventory days for Tata Steel is 87, while for JSW Steel is 34. This indicates JSW Steel has a better sales performance than Tata Steel.

Why Tata Steel stock price is so low? ›

Shares of Tata Steel slumped nearly 5% in today's trade to reach ₹165.50 apiece, a day after the company reported Q4 and FY24 numbers. On Wednesday, post market hours, the company reported a 64.59% decline for its Q4 FY24 consolidated net profit to ₹554.56 crore, led by lower steel realisations across geographies.

Which stock to buy in March 2024? ›

5 best stocks to buy
  • 5 best stocks to buy. Here is a list of some of the best stocks to buy according to S&P analysts: ...
  • Shriram Finance. Shriram Finance, part of the Shriram Group, is one of India's biggest non-banking finance companies. ...
  • SBI Life Insurance. ...
  • Axis Bank. ...
  • Mahindra & Mahindra. ...
  • Adani Ports.
6 days ago

What is the hottest stock to buy in 2024? ›

Best S&P 500 stocks as of June 2024
Company and ticker symbolPerformance in 2024
Super Micro Computer (SMCI)176.0%
Vistra (VST)157.2%
Nvidia (NVDA)121.4%
Constellation Energy (CEG)86.0%
6 more rows

Is Tata Steel a good buy in 2024? ›

Nooresh Merani said that Tata Steel shares can delivered a return of 10 per cent in the short term. The target set by Nooresh Merani for Tata Steel shares is Rs 180. He advised to maintain stop loss at Rs 158.

Is Tata Steel a good buy for long term? ›

Despite challenges in the global steel industry, Tata Steel has demonstrated resilience through its cost optimisation efforts, strategic acquisitions, and focus on value-added products. With the expected revival in infrastructure spending and steel demand, Tata Steel remains a promising bet for investors.

Why is JSW steel falling? ›

The decline in stock value came in the wake of JSW Steel's announcement of its Q4FY24. JSW Steel's consolidated net profit dropped 64.5 per cent to Rs 1,299 crore, from Rs 3,664 crore in the previous year.

Is JSW Steel a good buy for long term? ›

There are several metal stocks which are best for long term investment like JSW Steel Limited, Jindal Stainless Limited, Tata Steel, and Steel Authority of India.

Is Tata Steel a multibagger? ›

Tata Steel shares are among the top gainers of 2024 in the metal sector. Tata Steel stock rallied by 20% on BSE year-to-date. In a year, the stock has gained by a whopping 57%. Tata Steel has become a multi-bagger with gains of over 207.5% in 5 years.

Is JSW Steel profitable? ›

JSW Steel has posted a 64.5 per cent decline in its net profit to Rs 1,299 crore for the March quarter, impacted by lower revenues, and one-time tax costs.

What is the dividend of Tata Steel in 2024? ›

Industrials stocks do not always pay a dividend but as Tata Steel Ltd pays dividends to reward its shareholders. In the quarter ending March 2024, Tata Steel Ltd has declared dividend of ₹3.60 - translating a dividend yield of 1.97%.

Is Tata Steel overvalued? ›

The intrinsic value of one TATASTEEL stock under the Base Case scenario is 183.03 INR. Compared to the current market price of 179.94 INR, Tata Steel Ltd is Undervalued by 2%. What is intrinsic value? Tata Steel Ltd's market capitalization is 2.2T INR.

Why did Tata Steel fall? ›

Summary. Shares of leading steel makers dropped more than 2% amid concerns over increased supply hitting the margins of steel companies. Higher exports from China have also weighed on steel prices and profitability.

What is the stock market expected to do in 2024? ›

Overall, Yardeni Research forecasts S&P 500 operating earnings at $250 in 2024, up 12% vs 2023. He puts them at $270 in 2025 (up 8%) and $300 in 2026 (up 11.1%). These figures compare with analysts' consensus forecasts of $244.70 in 2024, $279.70 in 2025 and $314.80 in 2026.

What to invest in April 2024? ›

9 Best Growth Stocks to Buy for 2024
StockImplied upside over May 29 close*
JPMorgan Chase & Co. (JPM)8.5%
Tesla Inc. (TSLA)19.2%
Mastercard Inc. (MA)22%
Advanced Micro Devices Inc. (AMD)21.1%
5 more rows
May 30, 2024

Who are the top gainers in stock market? ›

200 Companies under Top Gainers
CompanypriceRs.Change%
Chemplast Sanmar592.50+6.59%
Sanghi Industries110.02+6.58%
India Finsec143.85+6.56%
Moschip Technologies202.70+6.46%
158 more rows

Which are the best stocks for next 5 years? ›

Let's look at the long term investment stock companies that you might be interested in investing in.
  • Power Grid Corporation of India Ltd. ...
  • Adani Ports and Special Economic Zone Ltd. ...
  • Divi's Laboratories Ltd. ...
  • ITC Ltd. ...
  • Bajaj Finance Ltd. ...
  • HDFC Bank Ltd. ...
  • Kotak Mahindra Bank Ltd. ...
  • Tata Consultancy Services Ltd.
3 days ago

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