On Thursday, Nifty 50 fell 1.16% to 24,199.35. Only five stocks gained while 45 declined during the session.
Top Gainers:
Stock | Current Price | Last Close | % Change |
---|---|---|---|
Apollo Hospitals | ₹7424.85 | ₹6968.10 | 6.55% |
SBI | ₹859.60 | ₹854.80 | 0.56% |
HDFC Life Insurance | ₹711.70 | ₹708.70 | 0.42% |
TCS | ₹4150.90 | ₹4139.65 | 0.27% |
L&T | ₹3646.55 | ₹3645.45 | 0.03% |
Apollo Hospitals experienced a notable surge of 6.55% to ₹7424.85.
SBI witnessed a moderate rise of 0.56%, with its current price standing at ₹859.60, slightly up from its last close of ₹854.80.
The third spot was claimed by HDFC Life Insurance, which experienced a 0.42% increase, taking its current price to ₹711.70 from its previous close of ₹708.70.
Next in line, TCS saw a marginal rise of 0.27%, closing at ₹4150.90, up from ₹4139.65. The list of top gainers was rounded off by L&T, which witnessed a minimal increase of 0.03%, closing at ₹3646.55, slightly higher than its last close of ₹3645.45.
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Top Losers:
Stock | Current Price | Last Close | % Change |
---|---|---|---|
Hindalco Industries | ₹648.10 | ₹708.20 | -8.49% |
Trent | ₹6505.50 | ₹6955.45 | -6.47% |
Grasim Industries | ₹2562.70 | ₹2645.95 | -3.15% |
Shriram Finance | ₹3070.15 | ₹3164.70 | -2.99% |
Tech Mahindra | ₹1651.00 | ₹1693.55 | -2.51% |
Hindalco Industries led the downward trend with an 8.49% decline. The stock plunged after its U.S. subsidiary Novelis, which contributes nearly one-third of the company’s revenue, reported an 18% decline in quarterly net income for the September quarter.
Trent saw a considerable dip of 6.47%, with its current price standing at ₹6505.50, down from its last close of ₹6955.45. Trent fell after its Q2 results missed analyst estimates.
The third spot in the list of top losers was claimed by Grasim Industries, which experienced a 3.15% decrease, taking its current price to ₹2562.70 from its previous close of ₹2645.95.
Next in line, Shriram Finance saw a decline of 2.99%, closing at ₹3070.15, down from ₹3164.70. Tech Mahindra witnessed a decrease of 2.51%, closing at ₹1651.00, down from its last close of ₹1693.55.
Vinod Nair, Head of Research at Geojit Financial Services said, “The domestic market ended with a deeper cut while eroding yesterday's gain over the Trump trade. Disappointing Q2 and persistent selling by FIIs continue to dampen market sentiment. The broader market saw a widespread sell-off as optimism over Trump's election victory waned. However, investors are now shifting their attention to the upcoming Fed policy meeting and domestic public outlay, which are anticipated to offer more insight into the future trade path.”
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