Adani Stocks Among Top Losers As Markets End Lower For 3rd Day

In today’s session, NIFTY 50 extended losses for the third consecutive session going down 0.19% to close at 22,888.15. Divis Laboratories and Adani Ports were the top gainers and losers in today’s trading session.

Divis Laboratories leads the gainers with a significant surge of 3.22%, trading at ₹4,392.10, showing robust growth from its last closing at ₹4,255.25.

Top Gainers

StockCurrent PriceLast Close% Change
Divis Laboratories₹4392.10₹4255.253.22%
SBI Life Insurance₹1450.75₹1410.202.88%
HDFC Life Insurance₹578.45₹564.252.52%
Grasim Industries₹2440.35₹2390.652.08%
Hero MotoCorp₹5183.95₹5083.901.97%

Close behind is SBI Life Insurance, which has risen by 2.88%, with its shares priced at ₹1450.75, reflecting a gain from ₹1410.20.

HDFC Life Insurance also shows a strong performance, climbing 2.52% to ₹578.45, up from ₹564.25. Hero Motocorp gained 1.97% to close the Nifty gainers.

On the downside, Adani Ports lead the decliners, dropping by 2.18% to ₹1400.50, down from ₹1431.65. The dip could stem from operational headwinds or market corrections post-recent gains after it got included in the Sensex.

Power Grid Corporation and Bharat Petroleum also face setbacks, decreasing by 1.62% and 1.46% respectively.

Top Losers

StockCurrent PriceLast Close% Change
Adani Ports₹1400.50₹1431.65-2.18%
Power Grid Corporation₹312.80₹317.95-1.62%
Bharat Petroleum₹646.50₹656.05-1.46%
Coal India₹487.65₹494.45-1.38%
Adani Enterprises₹3244.05₹3289.05-1.37%

Adani Enterprises also fell 1.37% in the session, rounding off the losers on Nifty 50. The conglomerate was in the news as reports surfaced that the conglomerate is looking to enter payments and e-commerce business. The company’s board also approved the proposal to raise ₹16,600 crore through Qualified Institutional Placement (QIP).

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