Auto Stocks Dominate Nifty 50 Gainers As Market Bounces Back Ahead Of Budget

In Wednesday’s trading session, the NIFTY 50 index witnessed considerable movements, with Dr Reddy’s Laboratories leading as the top gainer and Larsen & Toubro emerging as the biggest loser.

Dr Reddy’s Laboratories saw an impressive surge of 4.80%, closing at ₹6,121.15, up from its last close at ₹5,840.95.

StockCurrent PriceLast Close% Change
Dr. Reddy’s Laboratories Ltd.₹6121.15₹5840.954.8%
Eicher Motors Ltd.₹3839.6₹3704.753.64%
Sun Pharmaceutical Industries Ltd.₹1418.45₹1371.753.4%
Divi’s Laboratories Ltd.₹3670.6₹3551.73.35%
Tata Motors Ltd.₹884.2₹858.852.95%

Eicher Motors and Sun Pharmaceutical Industries also performed well, with their stock prices increasing by 3.64% and 3.4%, respectively. Divi’s Laboratories and Tata Motors rounded out the top five gainers with increases of 3.35% and 2.95%.

Conversely, Larsen & Toubro faced the largest decline, with its stock price falling by 4.23% to ₹3,479.75.

StockCurrent PriceLast Close% Change
Larsen & Toubro Ltd.₹3479.75₹3633.3-4.23%
Titan Company Ltd.₹3697.55₹3735.75-1.02%
Tata Consumer Products Ltd.₹1118.0₹1122.9-0.44%
Bharat Petroleum Corporation Ltd.₹502.35₹504.2-0.37%
Kotak Mahindra Bank Ltd.₹1825.25₹1823.60.09%

Titan Company and Tata Consumer Products also experienced declines, with decreases of 1.02% and 0.44%. Bharat Petroleum Corporation and Kotak Mahindra Bank completed the list of top losers, witnessing slight drops of 0.37% and an almost flat performance with an increase of 0.09%.

On Wednesday, the Nifty 50 and Sensex surged, with the Nifty closing at 21,725.70, up by 204 points (0.95%), and the Sensex ending at 71,752.11, up by 612 points (0.86%). Within the Sensex, only Larsen & Toubro and Titan recorded losses.

Both the BSE Midcap and Smallcap indices hit record highs during the session, closing at 38,774.50 (up by 1.57%) and 45,722.58 (up by 1.83%), respectively. After gains in the last two months, the benchmark indices ended January slightly lower, with the Sensex down by approximately 0.7% and the Nifty 50 nearly flat, down by 0.03%.

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