Produced by: Prashun Talukdar
Indian equity benchmarks on Friday slipped into the red, dragged by state-owned lenders and energy shares. Stocks such as Federal Bank, Bosch, Oil India and Wipro were among the top gainers on Nifty 200 during this week.
One 97 Communications Ltd's (Paytm's parent) stock was the top gainer this week in the Nifty 200 universe as the scrip soared 19.47% to Rs 164.7 on NSE. In the last one month, the stock has slumped 46.06%. The fintech firm came under tremendous pressure after the Reserve Bank of India (RBI) announced restrictions on Paytm Payments Bank's operations amid persistent non-compliances and continued material supervisory concerns.
ABB India's stock surged 19.18% this week to Rs 5,392.05 on NSE, and was among the top gainers in the Nifty 200 universe. In the last one month, the stock has jumped 13.03%.
Adani Wilmar Ltd's stock was also among the top gainers in the Nifty 200 pack this week as it moved 12.54% higher to close at Rs 389.95 on NSE. In the last one month, the stock has gained 10.88%.
Indian Hotels Company Ltd's stock jumped 10.59% to Rs 594.5 on NSE in the week ended on February 23, and was among the top gainers in the Nifty 200 universe. On a monthly basis, the stock has risen 26.14%.
Vodafone Idea Ltd's stock was also among the top gainers in the Nifty 200 universe this week as it climbed 10.38% to Rs 17.55 on NSE. In the last one month, the stock has climbed 21.88%. Shares of PB Fintech, Indus Towers, BEL, Dixon Tech and Cummins India also picked up pace during the week.
YES Bank's stock cracked 7.75% this week to Rs 26.2 on NSE, and was the top loser in the Nifty 200 pack. Although, the stock has risen 8.94% in the last one month.
Hero MotoCorp Ltd shares slumped 7.66% to Rs 4,519.25 on NSE this week, making the stock one of the top losers in the Nifty 200 universe. In the last one month, the scrip has edged 1.69% higher. Coal India, Federal Bank, Gland Pharma, HPCL and Indian Oil Corp also saw sharp corrections during the week.