Nifty 500 Losers: Paytm Falls 10% To Hit Lower Circuit Again

Friday’s trading session in the Indian stock market showcased a dynamic range of performances, with UCO Bank leading the surge among the top gainers in the NIFTY 500 index, while UPL faced a significant downturn, marking it as the day’s biggest loser.

UCO Bank stood out with a remarkable 14.24% increase, closing at ₹57.75.

StockCurrent PriceLast Close% Change
UCO Bank₹57.75₹50.5514.24%
Indian Overseas Bank₹62.65₹56.1511.58%
The New India Assurance Co. Ltd.₹265.65₹242.19.73%
MMTC Ltd.₹92.2₹84.159.57%
General Insurance Corporation of India₹408.65₹377.28.34%

Indian Overseas Bank and The New India Assurance Co. followed with significant gains of 11.58% and 9.73%. MMTC and General Insurance Corporation of India also featured among the top performers with increases of 9.57% and 8.34%, respectively.

Conversely, UPL Ltd. experienced a sharp decline of 11.18%, closing at ₹474.00.

StockCurrent PriceLast Close% Change
UPL Ltd.₹474.0₹533.65-11.18%
One97 Communications Ltd. (Paytm)₹438.5₹487.2-10.0%
Bank of India₹138.6₹151.55-8.55%
Engineers India Ltd.₹244.25₹261.35-6.54%
Devyani International Ltd.₹162.25₹173.0-6.21%

Paytm and Bank of India also faced significant setbacks, with their stock prices dropping by 10.0% and 8.55%. Engineers India and Devyani International rounded out the list of top losers with declines of 6.54% and 6.21%, respectively.

The Indian benchmark indices closed lower, retracting from their intraday highs. The Sensex ended down 354.21 points or 0.49% at 71,731.42, while the Nifty closed down 82.10 points or 0.38% at 21,771.70. Consumer Durables, Financial Services, FMCG, and Banks were among the sectors experiencing significant losses. Additionally, broader markets saw a sell-off, with many indices closing in negative territory.

Read Next: If You Invested ₹10,000 In Tata Motors A Year Ago, Here's How Much You'd Have Today

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 IdeasGainers And LosersNifty 500