Bajaj Finance Leads Gainers As Markets End Deep In Red

  • Benzinga India
  • Stock Market News
Bajaj Finance Leads Gainers As Markets End Deep In Red
Credit: © Reuters.

Benzinga - Tuesday’s trading session saw a mixed bag of winners and losers in the NIFTY 50 index. Bajaj Finance (NS: BJFN ) emerged as the top gainer, while Bharat Petroleum (NS: BPCL ) Corporation Limited bore the brunt of the market’s volatility.

Leading the pack of gainers, Bajaj Finance witnessed a significant surge of 1.41% from its last close, with its current price standing at ₹6,596.25.

StockCurrent PriceLast Close% Change
Bajaj Finance ₹6596.25 ₹6504.65 1.41%
Bajaj Auto (NS: BAJA ) ₹8640.20 ₹8521.80 1.39%
Kotak Mahindra Bank (NS: KTKM ) ₹1749.65 ₹1737.90 0.68%
Hindalco Industries (NS: HALC ) ₹533.65 ₹531.15 0.47%
Eicher Motors (NS: EICH ) ₹3716.85 ₹3699.70 0.46%

Following closely was Bajaj Auto, which experienced a 1.39% increase, taking its current price to ₹8,640.20. Banking giant Kotak Mahindra Bank also had a positive day on the trading floor, with a 0.68% rise in its stock price, which now stands at ₹1,749.65.

Other notable gainers included Hindalco Industries and Eicher Motors, which saw their stock prices rise by 0.47% and 0.46% respectively.

StockCurrent PriceLast Close% Change
Bharat Petroleum Corporation Limited ₹557.70 ₹582.30 -4.22%
TCS (NS: TCS ) ₹3977.30 ₹4152.50 -4.22%
Cipla (NS: CIPL ) ₹1435.70 ₹1488.45 -3.54%
Tata Consumer Products (NS: TACN ) ₹1146.25 ₹1186.95 -3.43%
Britannia Industries (NS: BRIT ) ₹4816.95 ₹4980.00 -3.27%

On the flip side, Bharat Petroleum Corporation Limited faced a tough day on the market, with its stock price dipping by 4.22% to ₹557.70.

Another major loser was TCS, which saw a 4.22% decrease in its stock price, bringing it down to ₹3,977.30. Pharmaceutical major Cipla also took a hit, with its stock price falling by 3.54% to ₹1,435.70. This drop reflects the challenging market conditions the company is currently facing.

Other stocks that faced a downturn included Tata Consumer Products and Britannia Industries, which saw their stock prices fall by 3.43% and 3.27% respectively.

Indian equity indices experienced a decline of around 1%, with the Nifty closing at 21,800 levels amid widespread selling.

By close on Tuesday, the Sensex witnessed a decrease of 736.37 points or 1.01%, settling at 72,012.05. Similarly, the Nifty observed a decline of 238.20 points or 1.08%, closing at 21,817.50.

All sectoral indices concluded the session in negative territory, with Healthcare, IT, FMCG, Capital Goods, oil & gas, and power sectors witnessing declines ranging between 1-2%.

Read Next: TCS Shares Fall 3% At Market Open—But There’s More To The Story

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