Most Active Stocks Today: Power Grid Corporation, Hindustan Unilever, ONGC, and Trent Lead Market Moves
Power Grid Corporation : The stock market witnessed significant activity today, with Power Grid Corporation of India, Hindustan Unilever, Oil & Natural Gas Corporation (ONGC), and Trent emerging as the most active stocks. The Nifty index closed at 22,552.5, down by 0.41%, while the Sensex ended at 74,332.58, falling by 0.29%.
Despite the downturn in benchmark indices, individual stocks showed dynamic movements, influencing market trends. Below, we take a deeper look into the top gainers, losers, and financial performance of key stocks that dominated the market today.
Stock Market Performance: Key Indices and Trends
- Nifty 50: Closed at 22,552.5 (-0.41%), touching a high of 22,676.75 and a low of 22,429.05.
- Sensex: Declined by 217.41 points to close at 74,332.58, fluctuating between 74,741.25 and 74,022.24 during the session.
- MidCap and SmallCap Stocks:
- Nifty Midcap 50 fell by 1.53%, underperforming the broader market.
- Nifty Small Cap 100 recorded a significant drop of 1.97%, closing at 15,504.3.
Nifty 50 Performance Over Time:
| Time Frame | % Change |
|---|---|
| Last 1 Week | +2.3% |
| Last 1 Month | +0.34% |
| Last 3 Months | -2.14% |
| Last 6 Months | -1.49% |
| Last 1 Year | +8.84% |
Top Gainers & Losers on Nifty & Sensex
Top Gainers:
| Stock | % Change |
|---|---|
| Power Grid Corporation | +3.04% |
| Hindustan Unilever | +1.96% |
| Infosys | +0.92% |
| SBI Life Insurance | +0.56% |
| Nestle India | +0.44% |
Top Losers:
| Stock | % Change |
|---|---|
| ONGC (Oil & Natural Gas Corp.) | -4.17% |
| Trent | -4.00% |
| IndusInd Bank | -3.87% |
| Bajaj Auto | -2.53% |
| Eicher Motors | -2.16% |
The Bank Nifty index also experienced a mixed session, closing at 48,497.5 after trading between 48,599.15 (high) and 48,124.65 (low).
Bank Nifty Performance Over Time:
| Time Frame | % Change |
|---|---|
| Last 1 Week | +2.39% |
| Last 1 Month | +0.84% |
| Last 3 Months | -3.57% |
| Last 6 Months | +0.5% |
| Last 1 Year | +9.86% |
Focus on Most Active Stocks Today
Power Grid Corporation of India (PGCIL)
Power Grid emerged as the top gainer, rising 3.04%, driven by strong investor demand. The company’s robust financials and consistent performance in the power transmission sector fueled the rally.
Hindustan Unilever (HUL)
HUL saw a 1.96% increase in its stock price, reflecting positive sentiment around consumer goods demand and strong quarterly results.
Oil & Natural Gas Corporation (ONGC)
ONGC was among the biggest losers, declining by 4.17%, affected by fluctuating crude oil prices and concerns over global energy demand.
Trent Ltd.
Trent, the retail arm of Tata Group, fell by 4%, facing profit-booking after recent gains.
Financial Ratios of Key Stocks
| Stock | P/E Ratio | EPS (₹) | Market Cap (₹ Cr) | Dividend Yield (%) |
|---|---|---|---|---|
| Power Grid Corp. | 15.2 | 14.5 | 1,75,000 | 5.1 |
| Hindustan Unilever | 60.4 | 38.2 | 6,10,000 | 1.6 |
| ONGC | 4.8 | 18.7 | 2,00,000 | 5.4 |
| Trent | 77.9 | 6.3 | 95,000 | 0.2 |
These key financial indicators provide insights into valuation, earnings, and market strength, helping investors make informed decisions.
Conclusion
Today’s market saw mixed trends, with Power Grid and Hindustan Unilever leading the gains, while ONGC and Trent faced losses. Investors should stay updated on macroeconomic trends, corporate earnings, and global market cues for better investment strategies.
Frequently Asked Questions (FAQs)
1. Which were the most active stocks today?
The most active stocks were Power Grid Corporation, Hindustan Unilever, ONGC, and Trent.
2. Why did ONGC’s stock fall?
ONGC’s stock declined due to fluctuating crude oil prices and concerns over global energy demand.
3. Why did Power Grid’s stock rise?
Power Grid gained 3.04% due to strong investor demand and its consistent financial performance.
4. How did the Nifty 50 perform today?
The Nifty 50 closed at 22,552.5, declining by 0.41% after reaching a high of 22,676.75.
5. Which sector underperformed the most?
The Midcap and Smallcap segments underperformed, with the Nifty Midcap 50 falling 1.53% and Nifty Small Cap 100 dropping 1.97%.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.