Nifty 500: Large Cap Stock Tanks 11% After Disappointing Q3
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On Monday, the NIFTY 500 index displayed varied performances, with IRB Infrastructure Developers and Infibeam Avenues emerging as the top gainers, while AU Small Finance Bank faced a significant decline.

Infibeam Avenues led the gainers with a 19.93% rise, ending the day at ₹34.90. IRB Infrastructure also showcased a remarkable performanceDevelopers Ltd. with an 18.24% increase in its stock price, closing at ₹59.95, up from its last close at ₹50.70.

StockCurrent PriceLast Close% Change
Infibeam Avenues Ltd.₹34.9₹29.119.93%
IRB Infrastructure Developers Ltd.₹59.95₹50.718.24%
NMDC Steel₹67.2₹58.714.48%
SJVN Ltd.₹129.2₹116.4510.95%
NBCC (India) Ltd.₹127.0₹114.710.72%

Other significant gainers included NMDC Steel, SJVN, and NBCC (India) Ltd. (NBCC.NS), with increases of 14.48%, 10.95%, and 10.72%, respectively.

On the losing front, AU Small Finance Bank registered the largest decline, with its stock price dropping by 11.51%, closing at ₹626.35.

StockCurrent PriceLast Close% Change
AU Small Finance Bank Ltd.₹626.35₹707.85-11.51%
SBICARD₹715.55₹759.85-5.83%
Asahi India Glass Ltd.₹539.25₹569.55-5.32%
CEAT Ltd.₹2724.9₹2833.85-3.84%
Devyani International Ltd.₹171.55₹178.15-3.7%

Other stocks facing a downturn included SBI Card, Asahi India Glass, CEAT and Devyani International, with respective decreases of 5.83%, 5.32%, 3.84%, and 3.70%.

On January 29, Indian equity indices rebounded, with Nifty and Sensex surging nearly 2% each, driven by widespread buying across sectors and large-cap stocks. The Sensex closed up 1,240.90 points (1.76%) at 71,941.57, while the Nifty gained 385.00 points (1.80%) to reach 21,737.60. Notable sectoral performers included a 5% rise in the oil & gas index, a 3% increase in the power index, and a 2% gain in the capital goods index. The BSE Midcap index rose by 1.7%, and the Smallcap index added 1%.

Read Next: Micro Cap Railway Stock Jumps 4% After Bagging ₹55 Cr Order


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