On Tuesday, Nifty declined 1.07% to 23,883.45. Only 7 stocks ended up in the green while 43 declined.
Trent was the top gainer in the session with stock price surging by 0.7% to ₹6528.55.
Infosys and Sun Pharma also gained in the session with jumps of 0.47% and 0.35% respectively. HCLTech and Reliance Industries were the rest of the gainers in the session.
Stock | Current Price | Last Close | % Change |
---|---|---|---|
Trent | ₹6528.55 | ₹6480.7 | 0.74% |
Infosys | ₹1868.8 | ₹1860.1 | 0.47% |
Sun Pharma | ₹1800.85 | ₹1794.6 | 0.35% |
HCLTech | ₹1872.85 | ₹1867.3 | 0.3% |
Reliance Industries | ₹1274.25 | ₹1272.7 | 0.12% |
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On the flip side, Britannia Industries topped the list of losers with a current price of ₹5027.55, a steep fall from its last close of ₹5434.65, declining by 7.49%.
Following closely was BEL with a current price of ₹290.15, down from its last close of ₹299.75.
Stock | Current Price | Last Close | % Change |
---|---|---|---|
Britannia Industries | ₹5027.55 | ₹5434.65 | -7.49% |
BEL | ₹290.15 | ₹299.75 | -3.2% |
NTPC | ₹380.3 | ₹392.55 | -3.12% |
HDFC Bank | ₹1718.2 | ₹1766.3 | -2.72% |
Asian Paints | ₹2474.85 | ₹2543.1 | -2.68% |
NTPC, HDFC Bank and Asian Paints were the other underperformers in the session. Vinod Nair, Head of Research, Geojit Financial Services said, “FII-triggered selling pressure continued to impact the domestic market. The recent strengthening of the dollar, driven by aggressive ‘Trumponomics' is adding fears. Additionally, the anticipated rise in domestic inflation, due to increasing food prices, along with depreciating INR, may influence the RBI's monetary policy. Most sectors were in the red, while IT stocks gained on expectations of increased US IT spending.”
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