On Tuesday, Nifty 50 fell 0.28% to 25,057.35. 19 stocks gained while 31 declined.
BPCL topped the gainers’ list with a 2.35% increase in stock price, closing at ₹348.75, up from ₹340.75.
ICICI Bank followed closely with a rise, ending the day at ₹1255.5, up from ₹1231.75. Other notable gainers include Britannia, Bharti Airtel, and BEL, which saw their prices increase by 1.52%, 1.28%, and 1.1% respectively.
Top Gainers
Stock | Current Price | Last Close | % Change |
---|---|---|---|
BPCL | ₹348.75 | ₹340.75 | 2.35% |
ICICI Bank | ₹1255.5 | ₹1231.75 | 1.93% |
Britannia | ₹6068.7 | ₹5978.05 | 1.52% |
Bharti Airtel | ₹1717.25 | ₹1695.6 | 1.28% |
BEL | ₹288.85 | ₹285.7 | 1.1% |
Conversely, HDFC Life saw the largest decline, dropping 3.56% to close at ₹714.25, down from ₹740.6.
Bajaj Auto also saw a significant decrease, ending the day at ₹11521.5, a drop of 3.17% from ₹11899.3.
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Top Losers
Stock | Current Price | Last Close | % Change |
---|---|---|---|
HDFC Life | ₹714.25 | ₹740.6 | -3.56% |
Bajaj Auto | ₹11521.5 | ₹11899.3 | -3.17% |
Wipro | ₹532.95 | ₹549.55 | -3.02% |
Bajaj Finance | ₹7016.9 | ₹7208.8 | -2.66% |
Hindalco | ₹726.95 | ₹743.0 | -2.16% |
Other stocks that experienced a dip include Wipro, Bajaj Finance, and Hindalco with their prices decreasing by 3.02%, 2.66%, and 2.16% respectively.
Vinod Nair, Head of Research, Geojit Financial Services said, “The domestic market experienced a downturn, influenced by a mixed global trend and partial profit-booking. Although declining crude prices are beneficial for the domestic economy, they signal weakening global demand. Additionally, India's CPI surged driven by food prices, which will delay expected rate cuts. Furthermore, subdued corporate Q2 results are leading to a cautious stance.”
Read Next: Tata’s Trent To Post Q2 Results On Nov 7: Here’s What Analysts Expect
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