On Friday, Nifty 50 had a volatile session and ended flat at 24,823.15, closing only 0.04% up from the previous day’s close. 21 stocks gained while 29 declined.
Bajaj Auto topped the gainers with a significant 4.97% rise, showing a robust performance in today’s market.
Coal India and Tata Motors also showed notable gains, increasing their stock prices by 1.89% and 1.56% respectively. Sun Pharma and Bharti Airtel were the other gainers with a 1.43% and 1.37% respectively.
See Also: Tata Power Solar, ICICI Bank Collaborate To Propel Solar Energy Adoption
Top Gainers:
Stock | Current Price | Last Close | % Change |
---|---|---|---|
Bajaj Auto | ₹10406.45 | ₹9914.2 | 4.97% |
Coal India | ₹538.85 | ₹528.85 | 1.89% |
Tata Motors | ₹1085.15 | ₹1068.45 | 1.56% |
Sun Pharma | ₹1775.75 | ₹1750.65 | 1.43% |
Bharti Airtel | ₹1506.75 | ₹1486.35 | 1.37% |
Top Losers:
Stock | Current Price | Last Close | % Change |
---|---|---|---|
ONGC | ₹318.9 | ₹324.35 | -1.68% |
Wipro | ₹512.4 | ₹519.0 | -1.27% |
Divi’s Lab | ₹4855.95 | ₹4911.45 | -1.13% |
LTIMindtree | ₹5641.6 | ₹5704.4 | -1.10% |
Asian Paints | ₹3154.65 | ₹3186.6 | -1.00% |
On the other end of the spectrum, ONGC experienced the largest decline among the top losers, dropping by 1.68%.
Wipro and Divi’s Lab also saw decreases in their stock prices of 1.27% and 1.13%. LTIMindtree and Asian Paints made up the rest of the laggards.
Vinod Nair, Head of Research, Geojit Financial Services said, “Ahead of the FED chair Powell's speech, the Indian indices oscillated around the flat trajectory and mixed global market sentiments further catalysed this scenario. Meanwhile, investors are exercising caution and awaiting Powell's signals for more insights on the interest rate path. Most of the sectoral indices remained in red; in contrast, the auto sector excelled as the industry is preparing for festive season demand with multiple launches.”
Read Next: Private Equity Firm Sheds Stake In This Tata Group Company
Engineered by Benzinga Neuro, Edited by Ananthu CU
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.