Adani Ent Leads Nifty-50 Losers As Markets Retreat From Record Highs To Close In Red

The market started the week with a volatile session with Nifty falling 0.11% to 22,932.45 after touching record highs of 23,110.80. Divis Laboratories emerged as the standout performer, while Adani Enterprises recorded the largest decline among Nifty 50.

Divis Laboratories led the charge among the gainers, experiencing a notable rise of 3.22% in its stock price, which surged to ₹4255.25 from ₹4122.39.

Top Gainers

StockCurrent PriceLast Close% Change
Divis Laboratories₹4255.25₹4122.393.22%
IndusInd Bank₹1465.10₹1441.801.62%
Axis Bank₹1187.00₹1174.001.11%
Adani Ports₹1431.65₹1416.101.10%
LTIMindtree₹4892.05₹4839.751.08%

Following Divis Laboratories, IndusInd Bank also saw a healthy increase of 1.62%, with its stock price climbing to ₹1465.10 from ₹1441.80.

See Also: Veteran Investor Jim Rogers Says He Will Latch On To Any Post-Election Weakness In Indian Markets

Axis Bank and Adani Ports likewise experienced gains, with their stock prices rising by 1.11% and 1.10% respectively. Adani Ports gained after getting entry into Sensex.

Conversely, Adani Enterprises encountered the most significant drop, with its stock price decreasing by 2.83% to ₹3289.05 from ₹3384.95.

Top Losers

StockCurrent PriceLast Close% Change
Adani Enterprises₹3289.05₹3384.95-2.83%
Wipro₹452.45₹463.65-2.42%
Grasim Industries₹2390.65₹2441.00-2.06%
ONGC₹277.65₹283.25-1.98%
SBI Life Insurance₹1410.20₹1436.25-1.81%

Wipro, Grasim Industries, and Oil and Natural Gas Corporation also reported declines in their stock prices, with decreases of 2.42%, 2.06%, and 1.98% respectively, indicating a challenging day for these sectors.

Completing the list of top losers, SBI Life Insurance saw a decrease of 1.81% in its stock price, closing at ₹1410.20 from its last close of ₹1436.25.

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