Nestle Leads Gainers As Markets Traded Flat To Start The New Year

Monday’s trading session witnessed a stellar performance from Nestle India, while Eicher Motors bore the brunt of losses on India’s NIFTY 50 index.

Following closely, Adani Enterprises experienced a solid gain of 2.40%, closing the trading day at ₹2,917.20. Third in line, Adani Ports and SEZ closed at ₹1047.85, registering a growth of 2.29% from its last close.

StockCurrent PriceLast Close% Change
Nestle India₹27372.4₹26580.32.98%
Adani Enterprises₹2917.2₹2848.952.4%
Adani Ports and SEZ₹1047.85₹1024.352.29%
Tech Mahindra₹1297.15₹1272.651.93%
Coal India₹381.8₹376.01.54%

Adding to the list of gainers, Tech Mahindra saw an increase of 1.93%, closing the day at ₹1,297.15. The stock exhibited a commendable performance, adding to the overall bullish sentiment.

See Also: Adani’s Dharavi Venture Gets Global Faces On Revamp Team

Lastly, Coal India concluded the trading day at ₹381.80, posting a gain of 1.54% from its last close. The stock added to the day’s upbeat mood, showing notable resilience.

StockCurrent PriceLast Close% Change
Eicher Motors₹4038.35₹4143.5-2.54%
Bharti Airtel₹1013.05₹1032.2-1.86%
Mahindra & Mahindra₹1703.3₹1729.4-1.51%
Bajaj Auto₹6701.1₹6797.25-1.41%
Hindalco Industries₹610.4₹614.85-0.72%

On the flip side, Eicher Motors was the most significant laggard on the NIFTY 50, with a dip of 2.54% to close at ₹4038.35.

Close on its heels, Bharti Airtel closed the day at ₹1013.05, down by 1.86%. Also experiencing a slump, Mahindra & Mahindra stock closed at ₹1703.30, down by 1.51%.

In the losing streak, Bajaj Auto was not spared either, as it dropped 1.41% to close at ₹6701.10. The stock’s performance raised concerns among its investors. Rounding up the list of losers, Hindalco Industries closed at ₹610.40, marking a decline of 0.72%. The stock ended the trading session on a low note, adding to the bearish sentiment on the day.

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