Stock Picks for 27 February Highlighted by MarketSmith India

Stock Market Recap - 26 February

The Sensex and Nifty 50, benchmark domestic indices, ended lacklustre on Thursday, 26 February, due to profit booking in select heavyweights.

Key Performance Indicators:

• Sensex: declined due to profit booking in select heavyweights
• Nifty 50: also reflected a lacklustre performance on the day
• HDFC Bank: experienced profit booking, contributing to the decline
• Axis Bank: another heavyweight that saw profit booking, impacting the market

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Global Market Cues The mixed global cues had a significant impact on the domestic indices, resulting in a lacklustre performance on Thursday.