Stock Market Update: Top Performers on February 26 Include Tejas Networks, KSB, Mankind Pharma, Tata Motors, Finolex Cables

Indian Stock Market Summary - February 26

Market Performance

The Indian stock market remained range-bound on Thursday, with the key benchmark indices closing flat. The Nifty 50 settled at 25,496, a 0.06% increase from the previous day, while the S&P BSE Sensex finished at 82,248, unchanged from the previous day.

Sectoral Performance

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Sectoral performance was mixed, with the following indices rallying:

• Nifty Pharma: 1.10%
• Nifty Chemicals: 0.80%
• Nifty Oil and Gas: 0.80%
• Nifty PSU Bank: 0.80%
• Nifty Auto: 0.80%

Indices that lost value include:

• Nifty Media: 0.67%
• Nifty FMCG: 0.23%
• Nifty IT: flat

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Asian Market Performance

The US stock market rallied overnight, driven by Nvidia's strong fiscal fourth-quarter results. Key Asian markets closed mixed, with:

• South Korea's Kospi: rising 3.67%
• Japan's Nikkei 225: falling 1.56%

Top Gainers

The following stocks led the gainers' list:

• Tejas Networks: 17% to ₹381.40
• Jammu & Kashmir Bank: 8% to ₹121
• Finolex Cables: 6% to ₹873
• Transformers & Rectifiers: 5.3% to ₹311.90

Top Losers

The following stocks led the losers' list:

• Home First Finance: 6% to ₹1,177
• Sagility: 5.54% to ₹40.38, a new 8-month low.