The Indian Benchmark Indices faced bloodshed on Wednesday, February 28th, 2024 with the Sensex falling nearly 790 points and closing at 72,304.88 and the Nifty 50 index dipping 247 points and closing at 21,951.15
Listed below are five stocks that witnessed a dip of more than 5 percent on Wednesday, February 28th, 2024:
Godrej Properties Limited
With a market capitalization of Rs 65,476.94 crores, the stocks of Godrej Properties Limited, the real estate development arm of the Godrej Group, closed at Rs 2,354.95 on Wednesday, slipping approximately 5.60 percent as compared to the previous closing levels of Rs 2,494.50 apiece.
KFin Technologies Limited
With a market capitalization of Rs 11,529.53 crores, the stocks of KFin Technologies Limited, a leading technology-driven financial services platform, closed at Rs 675.40 on Wednesday, slipping approximately 6 percent as compared to the previous closing levels of Rs 717.90 apiece.
PNC Infratech Limited
With a market capitalization of Rs 11,069.66 crores, the stocks of PNC Infratech Limited, one of the front-ending infrastructure development, construction, and management companies in India, closed at Rs 431.50 on Wednesday, slipping approximately 6.30 percent as compared to the previous closing levels of Rs 460.20 apiece.
Motilal Oswal Financial Services Limited
With a market capitalization of Rs 24,231.47 crores, the stocks of Motilal Oswal Financial Services Limited, a well-diversified financial services firm, closed at Rs 1,627.20 on Wednesday, slipping approximately 6.40 percent as compared to the previous closing levels of Rs 1,737.65 apiece.
HFCL Limited
With a market capitalization of Rs 14,966.40 crores, the stocks of HFCL Limited, a diverse telecom infrastructure company, closed at Rs 104.75 on Wednesday, slipping approximately 7.30 percent as compared to the previous closing levels of Rs 112.90 apiece.
Written by Amit Madnani
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
