India’s NIFTY 50 index recorded a mixed bag of fortunes for investors on Thursday, with cement giant UltraTech Cement and insurance heavyweight HDFC Life leading the pack for the day’s top gainers, while Reliance Industries and state-owned utility company Power Grid Corporation of India led the roster of losers.

UltraTech Cement surged by 3.10% to end at ₹9,003.65, compared to its previous close of ₹8,732.75. Following suit, HDFC Life also registered positive growth, with a 2.23% rise in its stock price, which closed at ₹690.75. The company’s stock had ended at ₹675.65 on the previous trading day.

Meanwhile, Eicher Motors, Apollo Hospitals and Sun Pharmaceutical were also among the top gainers, with their shares seeing a rise of 2.22%, 1.97% and 1.96% respectively.

On the other side of the spectrum, Reliance Industries bore the brunt of the market’s volatility, with its stock price falling by 0.96% to close at ₹2,377.45. The company’s stock had closed at ₹2,400.70 in the previous trading session.

Power Grid Corporation of India wasn’t far behind, recording a 0.99% drop in its share price, which closed at ₹208.95, down from its last close of ₹211.05.

The stocks of IndusInd Bank, Adani Ports and SEZ, and Adani Enterprises also saw a dip, with their shares recording a fall of 1.17%, 1.20%, and 1.58% respectively, completing the tally for the day’s top five losers on the NIFTY 50 index.

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