On Tuesday, Nifty 50 closed flat at 25,279.85. During the session, 21 stocks gained while 29 stocks declined.
SBI Life Insurance led the gainers, showcasing a robust increase of 2.11% in its stock price, closing at ₹1928.65.
Top Gainers:
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| SBI Life Insurance | ₹1928.65 | ₹1888.75 | 2.11% |
| HDFC Life Insurance | ₹758.75 | ₹745.30 | 1.80% |
| ICICI Bank | ₹1247.70 | ₹1229.95 | 1.44% |
| Shriram Finance | ₹3271.6 | ₹3225.25 | 1.43% |
| Bajaj Finserv | ₹1865.60 | ₹1840.55 | 1.36% |
Following closely is HDFC Life Insurance, which is trading at ₹758.75, up by 1.80% from its previous close of ₹745.29. The third spot is taken by ICICI Bank, with a current price of ₹1247.69, a 1.44% rise from its last close at ₹1229.94.
Next on the list is Shriram Finance, currently priced at ₹3271.60, marking a 1.43% increase from its last close at ₹3225.25. Rounding up the top five gainers was Bajaj Finserv, trading at ₹1865.59, up 1.36% from its last close at ₹1840.55.
ONGC led the losers, experiencing a decline of 1.23% to ₹322.20.
See Also: Why Technical Analysts Have Mixed Views On Ola Electric
Top Underperformers:
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| ONGC | ₹322.20 | ₹326.20 | -1.23% |
| Infosys | ₹1941.25 | ₹1964.50 | -1.18% |
| Bajaj Finance | ₹7353.80 | ₹7440.05 | -1.16% |
| JSW Steel | ₹930.95 | ₹940.45 | -1.01% |
| Adani Ports | ₹1479.55 | ₹1494.50 | -1.00% |
Next is Infosys, trading at ₹1941.25, marking a 1.18% decrease from its last close at ₹1964.5. Bajaj Finance followed suit with a 1.15% fall from the previous day’s closing price. Following closely is JSW Steel, with a current price of ₹930.95, marking a 1.01% decrease from its last close at ₹940.45.
Adani Ports took the last spot, closing at ₹1479.55, down by 1.00% from its last close at ₹1494.5.
Vinod Nair, Head of Research, Geojit Financial Services said, “Amid mixed global signals and the absence of significant new catalysts, aside from the anticipated Fed rate cut, which is already factored in, the domestic market took a breather. Mild caution emerged due to a recent slowdown in manufacturing activities, which indicates a slowdown in demand. However, predictions of an above-normal monsoon extending through September and accelerated capex by the GoI in the H2FY25 boosted consumption and rural based stocks like FMCG stocks.”
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.