Titan Jumps 3% To Top Gainers As Nifty Corrects For 2nd Straight Session

On Thursday, Nifty fell 0.21% to 25,145.10, as the benchmark index corrected for the second consecutive session. 18 stocks gained while 32 declined.

Titan emerged as the star performer with a 3.19% increase, taking its current price to ₹3722.85 from the previous close of ₹3607.70.

Gainers:

StockCurrent PriceLast Close% Change
Titan₹3722.85₹3607.73.19%
LTIMindtree₹6149.3₹6071.21.29%
Wipro₹524.85₹519.151.1%
BPCL₹360.7₹357.250.97%
ITC₹511.2₹506.350.96%

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Following closely, LTIM also had a good run, with a 1.29% rise, pushing its price to ₹6149.30 from the last close of ₹6071.20.

Wipro too had a positive day, with a 1.10% increase, taking its current price to ₹524.85 from the previous close of ₹519.15.

BPCL and ITC also made it to the top gainers list, with a 0.97% and 0.96% increase respectively, taking their current prices to ₹360.70 and ₹511.20 from their last close.

On the flip side, Britannia was the biggest loser, with a 1.29% drop, bringing its current price down to ₹5850.00 from the previous close of ₹5926.55.

Losers:

StockCurrent PriceLast Close% Change
Cipla₹1627.75₹1651.9-1.46%
Reliance₹2985.95₹3029.1-1.42%
Dr Reddy’s₹6695.75₹6787.2-1.35%
Coal India₹497.0₹503.65-1.32%
Britannia₹5850.0₹5926.55-1.29%

Coal India also had a rough day, with a 1.32% decrease, taking its current price to ₹497.00 from the last close of ₹503.65.

Dr Reddy’s followed suit, with a 1.35% drop, bringing its current price to ₹6695.75 from the previous close of ₹6787.20.

Reliance and Cipla also found themselves on the losers list, with a 1.42% and 1.46% decrease respectively, taking their current prices to ₹2985.95 and ₹1627.75 from their last close.

Vinod Nair, Head of Research, Geojit Financial Services said, “The benchmark indices continued to trade with minor losses due to concern of slowdown in the US & Chinese economy. The market is now seeking new catalysts, particularly in how the Fed evaluates the challenge of achieving a soft landing. Meanwhile, the broader market outperformed, benefiting from positive service PMI data that suggests supportive domestic economic conditions.”

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