LIC-Backed Stock Surges 29% To Lead Nifty 500 Gainers

Oracle Financial Services Software emerged as the top performer, while LTIMindtree experienced a notable decline.

Oracle Financial Services Software led the pack with a remarkable rise of 28.69%, pushing its price up to ₹6,545.5 from a previous close of ₹5,086.2.

StockCurrent PriceLast Close% Change
Oracle Financial Services Software₹6545.5₹5086.228.69%
Phillips Carbon Black₹311.0₹278.811.55%
Sobha₹1474.95₹1326.511.19%
Vaibhav Global₹487.55₹450.758.16%
Aptus Value Housing Finance India₹363.0₹341.86.2%

Phillips Carbon Black and Sobha also saw significant gains, with their stock prices increasing by 11.55% and 11.19%, respectively. Vaibhav Global and Aptus Value Housing Finance India completed the list of top gainers with increases of 8.16% and 6.20%.

Conversely, Larsen & Toubro Infotech faced a steep drop of 10.72%, making it the day’s biggest loser.

StockCurrent PriceLast Close% Change
Larsen & Toubro Infotech₹5603.0₹6275.6-10.72%
Indian Energy Exchange₹137.2₹147.25-6.83%
Alok Industries₹31.05₹33.1-6.19%
ICICI Prudential Life Insurance Company₹486.2₹514.95-5.58%
ITI₹347.05₹366.65-5.35%

Indian Energy Exchange, Alok Industries, ICICI Prudential Life Insurance Company, and ITI also experienced significant declines in their stock prices.

The Nifty 50 and the Sensex faced persistent declines for the third consecutive session on Thursday, January 18, as both indices extended their losses. Over the three sessions, both the Nifty 50 and the Sensex recorded a roughly 3% decrease.

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