IT Major Jump 4% To Lead Nifty 50 As Markets Continue Recovery

On Thursday, Nifty 50 closed 0.89% at 22,821.40 continuing to recover as Narendra Modi is set to return as prime minister for the third time despite BJP not getting a majority in the parliament. HCLTechnologies was the top gainer while Hindalco saw the biggest fall.

HCLTechnologies topped the Nifty with a 4% rise, as its price surged to ₹1397.50.

Top Gainers

StockCurrent PriceLast Close% Change
HCL Technologies₹1397.5₹1343.74.0%
Tech Mahindra₹1317.45₹1266.93.99%
SBI Life₹1442.85₹1390.13.79%
Shriram Finance₹2474.8₹2387.453.66%
SBI₹816.95₹789.753.44%

Tech Mahindra jumped 3.99% to ₹1317.45 from ₹1266.9. SBI Life and Shriram Finance also saw a surge in their prices by 3.79% and 3.66%. SBI rounded off the gainers with a 3.44% rise ending the day at ₹816.95

See Also: ITC Shareholders Approve Hotels Demerger, Shares Jump

On the other end of the spectrum, Hindalco took a hit with a 2.55% decrease, bringing its price down to ₹677.50 from ₹695.25.

Hero MotoCorp followed with a 2.20% drop, closing at ₹5534.25. Hindustan Unilever and Asian Paints also experienced a dip in their prices by 2.04% and 1.92% respectively, ending the day at ₹2549.60 and ₹2904.80. Nestle India concluded the list of top losers with a 1.53% decrease, closing at ₹2471.40.

Top Losers

StockCurrent PriceLast Close% Change
Hindalco₹677.5₹695.25-2.55%
Hero MotoCorp₹5534.25₹5658.5-2.2%
Hindustan Unilever₹2549.6₹2602.75-2.04%
Asian Paints₹2904.8₹2961.75-1.92%
Nestle India₹2471.4₹2509.85-1.53%

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