Bajaj Auto Emerges As Top Gainer Over Buyback Buzz

In today’s NIFTY 50 trading session, Bajaj Auto emerged as the top gainer, while Hindalco Industries experienced the most significant decline.

StockCurrent PriceLast Close% Change
Bajaj Auto₹6986.5₹6665.054.82%
Adani Enterprises₹3003.0₹2932.42.41%
IndusInd Bank₹1601.15₹1575.61.62%
Adani Ports and Special Economic Zone₹1094.25₹1078.41.47%

Bajaj Auto stood out as the top performer with a significant surge of 4.82%, closing at ₹6,986.50. The surge came late in the day as the company announced that it would be considering a buyback in its upcoming board meeting on Jan.8. Adani Enterprises followed with a 2.41% increase, reaching ₹3,003.00. IndusInd Bank also made a notable gain of 1.62%, ending the day at ₹1,601.15.

Additionally, ITC and Adani Ports and Special Economic Zone completed the top five gainers list, both showing a 1.47% rise in their stock prices.

StockCurrent PriceLast Close% Change
Hindalco Industries₹593.05₹617.0-3.88%
JSW Steel₹837.65₹870.2-3.74%
Tata Steel₹135.35₹139.6-3.04%
Larsen & Toubro Infotech₹5961.05₹6144.0-2.98%

On the losing end, Hindalco Industries recorded the most significant drop, with its stock falling by 3.88% to ₹593.05. JSW Steel and Tata Steel also experienced notable declines of 3.74% and 3.04%, respectively.

Larsen & Toubro Infotech and Infosys rounded off the list of top losers, with their shares decreasing by 2.98% and 2.89%, settling at ₹5,961.05 and ₹1,490.00, respectively.

Read Next: These 3 Stocks Are Surging Upto 10% Even As Share Market Falls — Thanks To PM Modi’s Upbeat Remarks

Engineered by Benzinga Neuro, Edited by Utkarsh Roshan

The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Posted In: EquitiesMarketsMoversTrading IdeasBajaj AutoGainers And LosersNifty 50