Auto Giants Among Biggest Losers As Markets See Heavy Correction

Here’s a quick roundup of the top gainers and losers on Wednesday.

Bharti Airtel came in at the bottom of the gainers list, with a slight increase of 0.11%, trading at ₹1,128.75.

TCS has seen a positive change of 0.35%, with the current price at ₹4118.95. Infosys is also on the rise, with an increase of 0.46%, trading at ₹1,671.25.

Company NameCurrent PriceLast Close% Change
Hindustan Unilever₹2421.55₹2405.30.68%
Bharti Airtel₹1128.75₹1127.50.11%

The star performer of the day is Hindustan Unilever, with a significant increase of 0.68%, trading at ₹2,421.55, making it the top gainer in today’s trading session.

On the flip side, several stocks have not fared as well. Power Grid Corporation of India has seen a significant drop of 4.43%, trading at ₹279.55. Apollo Hospitals Enterprise follows with a decrease of 3.90%, trading at ₹6,362.35.

Company NameCurrent PriceLast Close% Change
Power Grid Corporation of India₹279.55₹292.5-4.43%
Apollo Hospitals Enterprise₹6362.35₹6620.6-3.90%
Eicher Motors₹3863.75₹4002.75-3.47%
Bajaj Auto₹8188.65₹8463.5-3.25%
Maruti Suzuki India₹11152.80₹11500.65-3.02%

The biggest loser of the day is Maruti Suzuki India, with a significant drop of 3.02%, trading at ₹11152.80.

Eicher Motors is trading at ₹3,863.75, a decrease of 3.47%. Bajaj Auto has also seen a drop of 3.25%, trading at ₹8,188.65.

The benchmark indices closed lower with the Nifty slipping below the 22,000 mark amidst selling pressure across sectors. The Sensex ended the day down by 790.34 points or 1.08% at 72,304.88, while the Nifty declined by 247.10 points or 1.11% to 21,951.20. All sectoral indices finished in the red, with auto, oil & gas, power, and realty sectors leading the losses with a decline of 2% each.

Read Next: Video: When Uber CEO Tried His Hands At Cricket

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.

Market News and Data brought to you by Benzinga APIs

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 50