Bajaj Finance Leads Gainers As Markets End Deep In Red

Tuesday’s trading session saw a mixed bag of winners and losers in the NIFTY 50 index. Bajaj Finance emerged as the top gainer, while Bharat Petroleum Corporation Limited bore the brunt of the market’s volatility.

Leading the pack of gainers, Bajaj Finance witnessed a significant surge of 1.41% from its last close, with its current price standing at ₹6,596.25.

Following closely was Bajaj Auto, which experienced a 1.39% increase, taking its current price to ₹8,640.20. Banking giant Kotak Mahindra Bank also had a positive day on the trading floor, with a 0.68% rise in its stock price, which now stands at ₹1,749.65.

Other notable gainers included Hindalco Industries and Eicher Motors, which saw their stock prices rise by 0.47% and 0.46% respectively.

On the flip side, Bharat Petroleum Corporation Limited faced a tough day on the market, with its stock price dipping by 4.22% to ₹557.70.

Another major loser was TCS, which saw a 4.22% decrease in its stock price, bringing it down to ₹3,977.30. Pharmaceutical major Cipla also took a hit, with its stock price falling by 3.54% to ₹1,435.70. This drop reflects the challenging market conditions the company is currently facing.

Other stocks that faced a downturn included Tata Consumer Products and Britannia Industries, which saw their stock prices fall by 3.43% and 3.27% respectively.

Indian equity indices experienced a decline of around 1%, with the Nifty closing at 21,800 levels amid widespread selling.

By close on Tuesday, the Sensex witnessed a decrease of 736.37 points or 1.01%, settling at 72,012.05. Similarly, the Nifty observed a decline of 238.20 points or 1.08%, closing at 21,817.50.

All sectoral indices concluded the session in negative territory, with Healthcare, IT, FMCG, Capital Goods, oil & gas, and power sectors witnessing declines ranging between 1-2%.

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