From the Sensex pack, IndusInd Bank, Infosys, Bajaj Finserv, Mahindra & Mahindra, Zomato, Hindustan Unilever, Power Grid, Axis Bank, UltraTech Cement, Adani Ports, and Tata Consultancy Services were among the laggards.
On the other hand, Sun Pharmaceuticals, ICICI Bank, Bharti Airtel, HCL Technologies, Maruti Suzuki India, Larsen & Toubro, Reliance Industries, Kotak Mahindra Bank and Titan were the gainers.
Abhijit Chokshi, Founder of Stockifi.in, highlighted in a recent post the remarkable growth of Maruti Suzuki India Limited as a multibagger. After debuting at Rs 125 per share, the stock has surged to Rs 13,000 per share in 23 years.
As the market continues to experience a downturn, Motilal Oswal has identified its top stock picks to navigate the current slump. The Nifty index slid 5.9% month-on-month in February 2025, marking its fifth consecutive month in the red and recording the second steepest monthly decline since March 2020. This market correction has been driven by a slowdown in earnings growth, global economic concerns due to the tariff war, and foreign institutional investor outflows.