On Monday, Nifty 50 fell 0.02% to 24,141.30. 20 stocks gained in the session and 30 declined.
Power Grid led the gains with a substantial 4.28% increase, closing at ₹329.80.
Trent also showed strong performance with a 2.89% jump. Infosys, HCLTech and Tech Mahindra are the gainers in the session.
Top Gainers:
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Powergrid | ₹329.80 | ₹316.25 | 4.28% |
| Trent | ₹6480.70 | ₹6298.95 | 2.89% |
| Infosys | ₹1860.10 | ₹1829.95 | 1.65% |
| HCLTech | ₹1867.30 | ₹1837.50 | 1.62% |
| Tech Mahindra | ₹1704.15 | ₹1681.35 | 1.36% |
See Also: Tata Motors’ Biggest Markets
Conversely, Asian Paints saw a steep decline of 8.17%, closing at ₹2543.10, marking it as the session’s biggest loser. Asian Paints fell after it posted poor Q2 results.
Top Losers:
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Asian Paints | ₹2543.10 | ₹2769.45 | -8.17% |
| Britannia | ₹5434.65 | ₹5747.15 | -5.44% |
| Apollo Hospitals | ₹7155.45 | ₹7421.40 | -3.58% |
| Cipla | ₹1552.80 | ₹1592.60 | -2.50% |
| ONGC | ₹256.90 | ₹262.55 | -2.15% |
Britannia and Apollo Hospitals fell 5.44%and 3.58% in the session respectively. Cipla and ONGC rounded up the laggards in the session with 2.50% and 2.15% declines in the session.
Vinod Nair, Head of Research, at Geojit Financial Services said, “The actions of FIIs are dominating the current market momentum, which is backed by a weak set of earnings and expectations from Trump policy. The risk of further downgrades in Nifty earnings casts clouds over investor sentiment, while the IT sector continued to outperform due to the strong US dollar and in anticipation of a revamp in US IT spending. India is also looking forward to the CPI data with a muted view as food prices are likely to be higher on an MoM basis, essentially forging RBI to hold the interest rates in the short-term.”
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