Wednesday’s trading session on the NIFTY 50 index highlighted a spectrum of performances, with some stocks registering notable gains while others faced declines.
Hindalco Industries led the gainers, showing significant strength with a 3.97% increase in its stock price to ₹636.10, up from ₹611.80. Cipla followed closely, with its stock price rising by 3.82% to ₹1398.20 from ₹1346.70.
JSW Steel also experienced robust growth, with a 3.68% increase to ₹882.70 from ₹851.35.
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Hindalco Industries | ₹636.10 | ₹611.80 | 3.97% |
| Cipla | ₹1398.20 | ₹1346.70 | 3.82% |
| JSW Steel | ₹882.70 | ₹851.35 | 3.68% |
| Tata Steel | ₹165.55 | ₹161.15 | 2.73% |
| Power Grid Corporation of India | ₹290.40 | ₹285.35 | 1.77% |
Tata Steel continued the trend in the metals sector, gaining 2.73%, with its stock price moving to ₹165.55 from ₹161.15.
Power Grid Corporation of India rounded out the top five gainers with a 1.77% rise to ₹290.40 from ₹285.35, possibly driven by developments in the energy sector or regulatory news affecting the company.
Conversely, the session also saw some notable declines:
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Tata Consumer Products | ₹1110.15 | ₹1173.35 | -5.39% |
| Grasim Industries | ₹2337.75 | ₹2370.15 | -1.37% |
| Tech Mahindra | ₹1185.70 | ₹1200.25 | -1.21% |
| HDFC Life Insurance | ₹594.20 | ₹601.15 | -1.16% |
| Tata Consultancy Services | ₹3831.05 | ₹3874.70 | -1.13% |
Tata Consumer Products faced the largest drop, with its stock price falling by 5.39% to ₹1110.15 from ₹1173.35, as the company’s March quarter results failed to impress. Grasim Industries saw a 1.37% decrease in its stock price to ₹2337.75 from ₹2370.15.
Tech Mahindra experienced a 1.21% decline to ₹1185.70 from ₹1200.25. HDFC Life Insurance reported a slight 1.16% decrease to ₹594.20 from ₹601.15.
Lastly, Tata Consultancy Services completed the list of top losers with a 1.13% fall to ₹3831.05 from ₹3874.70.
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