On Wednesday, Nifty 50 gained 0.14% to 25,052.35, hitting all-time high level of 25,129.60 in the session. 21 stocks gained while 29 stocks declined.
LTIMindtreetopped the list with a substantial 6.54% increase.
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Top Gainers:
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| LTIMindtree | ₹6127.55 | ₹5751.55 | 6.54% |
| Wipro | ₹534.60 | ₹517.15 | 3.37% |
| Divi’s Laboratories | ₹5030.70 | ₹4902.50 | 2.61% |
| IndusInd Bank | ₹1415.75 | ₹1383.20 | 2.35% |
| Bharti Airtel | ₹1556.35 | ₹1522.75 | 2.21% |
Close behind, Wipro and Divi’s Laboratories also posted gains of 3.37% and 2.61%. IndusInd Bank and Bharti Airtel made up rest of the gainers, rising by 2.35% and 2.21% respectively.
Top Losers:
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Asian Paints | ₹3,125.50 | ₹3,166.20 | -1.29% |
| Adani Enterprises | ₹3,028.0 | ₹3,067.10 | -1.27% |
| Nestle India | ₹2,492.50 | ₹2,521.45 | -1.15% |
| Maruti Suzuki | ₹12,357.5 | ₹12,496.90 | -1.12% |
| Britannia Industries | ₹5,703.35 | ₹5,764.30 | -1.06% |
On the other end, Asian Paints faced the worst lose with 1.29% declined. Adani Enterprises, Nestle India, Maruti Suzuki and Britannia Industries were the rest of the laggards. These stocks fell between 1.27% and 1.06% in the session.
Vinod Nair, Head of Research, Geojit Financial Services said, “A consolidation in the US 10yr bond yield and an inflow of FIIs kept the domestic market sentiment optimistic. However, valuation remains a near-term deterrent, which will be further tested based on the upcoming India Q1 FY25 GDP data this week. On the other hand, investors are giving more emphasis to defensive bets, which is evident with the outperformance in IT and pharma stocks.”
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