HUL Top Loser As Nifty Closes Below 24,400
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On Thursday, Nifty 50 closed 0.15% lower at 24,399.40. During the session, 24 stocks gained while 26 stocks declined.

Leading the gainers, UltraTech Cement clocked a notable increase of 2.70%, pushing its price up to ₹11,043.60 from a previous close of ₹10,753.05. This rise positioned it as the day’s top performer.

Following closely, Shriram Finance saw an increase of 1.48%, with the stock climbing to ₹3,245.10 from its last close of ₹3,197.75. Titan Company also witnessed a positive shift of 1.29%, closing at ₹3,330.90.

Other notable gainers include Grasim Industries and Mahindra & Mahindra, which rose by 1.27% and 1.18% respectively.

Top 5 Performers:

StockCurrent PriceLast Close% Change
UltraTech Cement₹11,043.60₹10,753.052.70%
Shriram Finance₹3,245.10₹3,197.751.48%
Titan Company₹3,330.90₹3,288.601.29%
Grasim Industries₹2,666.70₹2,633.201.27%
Mahindra & Mahindra₹2,826.35₹2,793.501.18%

See Also: Adani Total Gas Q2: Net Profit Up 7% To ₹185 Cr, Shares Jump 8%

Conversely, Hindustan Unilever faced the steepest decline, dropping by 5.80% to close at ₹2,505.10, significantly down from ₹2,659.30. HUL fell after its Q2 results missed analysts’ estimates.

Bottom 5 Performers:

StockCurrent PriceLast Close% Change
Hindustan Unilever₹2,505.10₹2,659.30-5.80%
SBI Life Insurance₹1,635.30₹1,716.00-4.70%
Hindalco Industries₹690.70₹717.10-3.68%
Nestle India₹2,258.65₹2,327.15-2.94%
Bajaj Auto₹10,302.50₹10,586.75-2.68%

SBI Life Insurance also saw a downward trend, with a decrease of 4.70%, bringing the stock price to ₹1,635.30 from its previous close of ₹1,716.00. Hindalco Industries followed suit with a decline of 3.68%, closing at ₹690.70 against the last close of ₹717.10.

Other stocks that ended in the red include Nestle India and Bajaj Auto, which fell by 2.94% and 2.68% respectively.

Vinod Nair, Head of Research, Geojit Financial Services said, “Despite persistent selloffs by FIIs, the benchmark indices recorded only a minor loss, as India's October PMI data continued to indicate healthy growth, which also supports the RBI’s growth guidelines for FY25. The broader market exhibited a mixed response due to valuation corrections in sectors such as PSUs and banking & financials. Meanwhile, the FMCG sector faced declines attributed to delayed demand recovery and margin pressures.”

Read Next: Adani Wilmar’s Shares Shoot Up 6% After Posting ₹311 Cr Profit In Q2


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