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Tejas Networks, Redington to Netweb Technologies: These 5 stocks rise up to 19% despite stock market crash
Tejas Networks and Redington shares surged 19% and 17% respectively on February 27, despite falling benchmark indices. The Sensex and Nifty 50 declined over 1% amid geopolitical tensions and foreign fund outflows, highlighting contrasting stock performance.
Tejas Networks jumps 17% on large 5G MIMO order; Sensex down 27 points, Nifty at 25,497
The Midcap Index gained 392 points to close at 59,798. Nifty Bank advanced 144 points to settle at 61,188. Market breadth remained neutral, with the NSE advance-decline ratio at 1:1.
Top Gainers & Losers on Feb 26: Tejas Networks, KSB, Mankind Pharma, Tata Motors, Finolex Cables among top gainers
The Indian stock market remained largely unchanged on February 26, with the Nifty 50 up 0.06% at 25,496 and the S&P BSE Sensex flat at 82,248. Broader markets showed mixed results, while US stocks rallied on Nvidia's strong earnings, boosting Asian markets as well.