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CLOSING BELL: Sensex, Nifty End Flat & Green, Banks Gain, IT Stocks Lose Big

Analysts Call Tracker: Bajaj Finance, Infosys, and M&M top list of most downgraded companies in March

CLOSING BELL: Sensex Falls 170 Points, Drifts Farther From 62K Target Nifty Ends Above 18 3K

On Monday, at close, BSE Sensex was 170.89 points or 0.28 per cent down at 61,624.15 and NSE Nifty was 20.55 points or 0.11 per cent down at 18,329.15. 

Adani Power shares zoom 400% from 52-week low: How long will the rally last?

Shares of Adani Power have surged over 400 per cent from their 52-week low in less than a year. Adani Power stock, which hit a 52-week low of Rs 69.95 on August 24, 2021, touched a 52-week high of Rs 354 on August 4, 2022, translating into a gain of 406 per cent during the period. An investment of Rs 1 lakh one year ago in the stock would have grown to Rs 5.06 lakh today.

Adani Power shares zoom 400% from 52-week low: How long will the rally last?

Shares of Adani Power have surged over 400 per cent from their 52-week low in less than a year. Adani Power stock, which hit a 52-week low of Rs 69.95 on August 24, 2021, touched a 52-week high of Rs 354 on August 4, 2022, translating into a gain of 406 per cent during the period. An investment of Rs 1 lakh one year ago in the stock would have grown to Rs 5.06 lakh today.

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