On Wednesday, Nifty 50 fell 0.32% to 25,198.70. 18 stocks gained and 31 stocks declined and 1 remained unchanged.

Leading the pack of gainers, Asian Paints is trading at a current price of ₹3231.65, marking a 2.43% increase from its last close at 3154.85.

Following closely is Grasim Industries, which is currently priced at ₹2757.65, up by 1.88% from its last close at ₹2706.85. Hindustan Unilever is also in the green, trading at ₹2841.25, a 1.68% increase from its previous close at ₹2794.30.

Other notable gainers include Apollo Hospitals and Sun Pharmaceutical Industries, which have seen their stock prices increase by 1.26% and 1.18% respectively.

On the flip side, the biggest loser of the day is Wipro, with its current price at ₹519.15, down by 3.15% from its last close at ₹536.05.

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Coal India follows closely, trading at ₹503.65, marking a 3.07% decrease from its previous close at ₹519.60.

ONGC is also in the red, with a current trading price of ₹314.40, a 2.42% drop from its last close at ₹322.20. Hindalco Industries and Mahindra and Mahindra are also among the top losers, with their stock prices decreasing by 1.78% and 1.27% respectively.

Vinod Nair, Head of Research, Geojit Financial Services said, “The warning signals from weak US manufacturing data added concerns about a potential slowdown in the US economy, which dragged the domestic indices. Further, a sluggish Chinese outlook exacerbated the decline in oil price to a nine-month low. Due to a lack of major domestic triggers, the indices will take direction based on global cues.”

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