On Thursday, Nifty 50 rose 0.17% to 24,811.50. 25 stocks gained while 25 declined.
Grasim Industries topped the gainers’ list with a robust 2.62% increase to ₹2755.15.
Following Grasim, Tata Consumer Products Limited and Bharti Airtel Limited also showed commendable rises, gaining 2.40% and 1.56% respectively. Tata Steel and ICICI Bank topped of the gainers list with a 1.46% and 1.38% gain respectively.
Top Gainers:
Stock | Current Price | Last Close | % Change |
---|---|---|---|
Grasim Industries Limited | ₹2755.15 | ₹2684.85 | 2.62% |
Tata Consumer Products Limited | ₹1205.80 | ₹1177.55 | 2.40% |
Bharti Airtel Limited | ₹1486.35 | ₹1463.45 | 1.56% |
Tata Steel Limited | ₹154.14 | ₹151.92 | 1.46% |
ICICI Bank Limited | ₹1191.10 | ₹1174.85 | 1.38% |
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Top Losers:
Stock | Current Price | Last Close | % Change |
---|---|---|---|
Tata Motors | ₹1068.45 | ₹1085.2 | -1.54% |
Wipro | ₹519.0 | ₹526.35 | -1.4% |
NTPC | ₹403.35 | ₹408.95 | -1.37% |
Dr Reddy’s | ₹6969.05 | ₹7062.45 | -1.32% |
Mahindra and Mahindra | ₹2732.95 | ₹2769.4 | -1.32% |
Conversely, Tata Motors experienced a notable drop of 1.54%.
Close behind, Wipro and NTPC Limited also saw their stock prices decrease by 1.4% and 1.37% respectively. Dr Reddy’s and Mahindra and Mahindra were the other laggards with a 1.32% decline for both the scrips.
Vinod Nair, Head of Research, Geojit Financial Services said, “The domestic market witnessed modest gains owing to the positive global sentiments. Particularly, the recent signs of weakness in the US non-farm payroll data have strengthened the case for potential interest rate cuts in September. However, in the broader market, investors are being cautious, opting for a selective approach, awaiting more clarity from central bank leaders in Japan and the US.”
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