State Bank Of India Leads NIFTY 50 Gainers, Tech Mahindra Among Top Losers

  • Benzinga India
  • Stock Market News
State Bank Of India Leads NIFTY 50 Gainers, Tech Mahindra Among Top Losers
Credit: © Reuters.

Benzinga - On Tuesday, the NIFTY 50 index saw a mixed bag of performances with State Bank of India (NS: SBI ) leading the pack of gainers and Tech Mahindra (NS: TEML ) among the top losers.

Axis Bank (NS: AXBK ) saw its share price increasing by 1.81% to ₹1,069.10, up from its last close at ₹1,050.05.

Stock Current Price Last Close % Change
State Bank of India (NS: BOI ) ₹675.25 ₹650.25 3.84%
Grasim Industries Ltd. (NS: GRAS ) ₹2111.5 ₹2066.0 2.2%
JSW Steel (NS: JSTL ) Ltd. ₹836.6 ₹818.75 2.18%
HDFC Life Insurance (NS: HDFL ) Company Ltd. ₹605.15 ₹592.75 2.09%
Axis Bank Ltd. ₹1069.1 ₹1050.05 1.81%

Stock Current Price Last Close % Change
Tech Mahindra Ltd. ₹1318.0 ₹1351.05 -2.45%
Power Grid (NS: PGRD ) Corporation of India Ltd. ₹267.95 ₹274.25 -2.3%
Infosys Ltd (NS: INFY ). ₹1693.75 ₹1729.45 -2.06%
Adani Ports and Special Economic Zone Ltd. ₹1255.65 ₹1273.1 -1.37%
Tata Consultancy Services Ltd. (NS: TCS ) ₹4083.4 ₹4136.0 -1.27%

Next in line was HDFC Life Insurance Company, which saw a 2.09% rise in its stock price, closing at ₹605.15 compared to the previous day’s close of ₹592.75. JSW Steel also made it to the top performers’ list with a 2.18% increase in its stock price, closing at ₹836.60, up from ₹818.75 on the previous trading day.

Grasim Industries witnessed a 2.20% hike in its stock price, closing at ₹2,111.50, compared to ₹2,066.00 at the last close. However, the star performer of the day was the State Bank of India, which saw a 3.84% rise in its stock price, closing at ₹675.25, a substantial increase from its last close at ₹650.25.

On the flip side, Tech Mahindra led the list of losers with a 2.44% drop in its stock price, closing at ₹1318.00, down from its last close at ₹1351.05. Power Grid Corporation of India also saw a decline in its stock price by 2.29%, closing at ₹267.95, down from ₹274.25 at the last close.

Infosys witnessed a 2.06% decrease in its stock price, closing at ₹1693.75, down from its last close at ₹1729.45. Adani Ports and Special Economic Zone saw a 1.37% drop in its stock price, closing at ₹1255.65, down from ₹1273.10 at the last close.

Lastly, Tata Consultancy Services (TCS) experienced a 1.27% decrease in its stock price, closing at ₹4083.40, down from its last close at ₹4136.00.

Indian benchmark indices experienced a flat close in a highly volatile session, influenced by anticipation of the RBI policy outcome. The Sensex ended down 34.09 points (0.05%) at 72,152.00, while the Nifty was marginally up by 1.10 points (0.01%) at 21,930.50. In terms of sectors, PSU Bank, metal, power, pharma, and realty showed gains ranging from 0.5% to 3%, while the Information Technology index saw a decline of 1%.

Read Next: Tata Stock Hits All-Time High As Profits Skyrocket 142% In Q3

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