Paytm Nosedives 20% To Lead Nifty 500 Losers

In Thursday’s trading session, Housing and Urban Development Corporation led the charge among the top gainers and One 97 Communications faced the steepest decline.

Housing and Urban Development Corporation saw an impressive surge of 19.47%, closing at ₹205.90, significantly up from its last close of ₹172.35.

StockCurrent PriceLast Close% Change
Housing and Urban Development Corporation Ltd.₹205.9₹172.3519.47%
NBCC (India) Ltd.₹141.65₹129.459.42%
BEML Ltd.₹3804.8₹3505.38.54%
Godrej Consumer Products Ltd.₹1254.55₹1164.27.76%
Infibeam Avenues Ltd.₹37.8₹35.17.69%

NBCC (India) and BEML also showcased strong performances, with their stock prices increasing by 9.42% and 8.54%, respectively. Godrej Consumer Products and Infibeam Avenues rounded out the top five gainers with increases of 7.76% and 7.69%.

Conversely, Paytm experienced a significant drop of nearly 20%, closing at ₹609.00, down from ₹761.20.

StockCurrent PriceLast Close% Change
One 97 Communications Ltd.₹609.0₹761.2-19.99%
The India Cements Ltd.₹242.2₹261.4-7.35%
Aurobindo Pharma Ltd.₹1070.8₹1150.4-6.92%
MapmyIndia (CE Info Systems Pvt. Ltd.)₹1835.05₹1963.8-6.56%
Ratnamani Metals & Tubes Ltd.₹3350.65₹3574.45-6.26%

The India Cements, Aurobindo Pharma, MapmyIndia, and Ratnamani Metals & Tubes were among the other significant losers, experiencing declines of 7.35%, 6.92%, 6.56%, and 6.26%, respectively.

The markets closed flat on Thursday after the interim budget announced by Finance Minister Nirmala Sitharaman did not enthuse investors. Nifty 50 closed 28.25 points, or -0.13%, lower at 21,697.45 while the Sensex ended with a loss of 106.81 points, or 0.15%, at 71,645.30. Nifty 500 closed 0.12% lower at 19,777.35. A mixed trend was seen on the sectoral front, with auto, bank, FMCG, and power adding 0.2-0.8%, while capital goods, metal, and realty were down by 1% each.

Read Next: End Of The Line? Railway Stocks Lose Steam As Budget Disappoints Investors


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