India’s NIFTY 500 index saw a noteworthy shuffle on Wednesday with several stocks making significant moves. Welspun India led the top gainers, while Jubilant Pharmova Limited languished at the bottom.
Welspun India, a home textile products manufacturer, saw an impressive 11.22% rise in its stock, ending the day at ₹142.20 from its last close at ₹127.85. The Mumbai-based company offers a wide array of products including towels, bed linen, and flooring solutions.
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Welspun India | ₹142.2 | ₹127.85 | 11.22% |
| Aster DM Healthcare Limited | ₹356.9 | ₹330.55 | 7.97% |
| Amber Enterprises India Limited | ₹2975.25 | ₹2793.9 | 6.49% |
| BSE Limited | ₹1788.7 | ₹1707.15 | 4.78% |
| Indian Overseas Bank | ₹38.9 | ₹37.15 | 4.71% |
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Jubilant Pharmova Limited | ₹330.9 | ₹358.5 | -7.7% |
| Safari Industries (India) Limited | ₹3881.15 | ₹4160.75 | -6.72% |
| Data Patterns (India) Limited | ₹1826.25 | ₹1949.05 | -6.3% |
| Cera Sanitaryware Limited | ₹8238.45 | ₹8778.45 | -6.15% |
| TeamLease Services Limited | ₹2429.4 | ₹2587.7 | -6.12% |
Healthcare provider, Aster DM Healthcare Limited, also delivered a strong performance with its stock soaring 7.97% to ₹356.90, up from its previous close of ₹330.55.
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The banking sector saw a positive move as well, with Indian Overseas Bank climbing 4.71% to ₹38.90. BSE Limited also rose by 4.77%.
On the flip side, Jubilant Pharmova Limited, a pharmaceutical and life sciences company, witnessed a 7.69% drop, closing at ₹330.90. Safari Industries (India) Limited, a luggage manufacturer, also experienced a downhill slide of 6.72%, closing at INR 3881.15.
Other stocks experiencing a dip included Data Patterns (India) Limited, Cera Sanitaryware Limited and TeamLease Services Limited with decreases of 6.30%, 6.15% and 6.11% respectively.
The market saw heavy correction on Wednesday again after closing over 1% lower on Monday. The Nifty 50 and Sensex dropped 0.83% and 0.81% respectively. Nifty 500 index saw a drop of around 0.76%.
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