Tech Stocks Bleed As Markets End 3-Day Winning Streak

On Monday Nifty 50 fell 0.13% to 23,259.20. Tech stocks fell the most as Tech Mahindra fell the most while Ultratech Cement was the biggest gainer.

UltraTech Cement led the top gainers with a current price of ₹10,826.25, registering a 3.47% increase from its last close at ₹10,463.15.

Top Gainers

StockCurrent PriceLast Close% Change
UltraTech Cement₹10826.25₹10463.153.47%
Grasim Industries₹2446.8₹2379.852.81%
Hero MotoCorp₹5722.2₹5581.852.51%
Cipla₹1534.25₹1497.252.47%
PowerGrid₹315.8₹309.352.09%

Following UltraTech Cement was Grasim Industries, with a price rise to ₹2,446.80, a 2.81% increase from its previous close at ₹2,379.85.

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Hero MotoCorp ranked third among the top performers, trading at ₹5,722.20, up by 2.51% from its last close at ₹5,581.85.

Cipla also showed strong performance with a current price of ₹1,534.25, marking a 2.47% increase from its last close at ₹1,497.25.

Rounding out the top five gainers was PowerGrid, with a price of ₹315.80, up by 2.09% from its last close at ₹309.35.

On the other hand, the biggest loser of the day was Tech Mahindra, with a current price of ₹1,340.35, reflecting a decline of 2.70% from its last close at ₹1,377.60.

Top Losers

StockCurrent PriceLast Close% Change
Tech Mahindra₹1340.35₹1377.6-2.70%
Infosys₹1499.75₹1533.6-2.21%
Wipro₹475.25₹484.55-1.92%
M&M₹2807.55₹2857.45-1.75%
LTI Mindtree₹4903.45₹4977.2-1.48%

Infosys followed closely with a price drop to ₹1,499.75, a 2.20% decrease from its previous close at ₹1,533.60.

Wipro also saw a decline, trading at ₹475.25, down by 1.91% from its last close at ₹484.55.

M&M and LTIMindtree also featured among the losers, with decreases of 1.74% and 1.48% respectively.

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