Tata Motors Leads Gainers As Markets Start The Week In Red

  • Benzinga India
  • Stock Market News
Tata Motors Leads Gainers As Markets Start The Week In Red
Credit: © Reuters.

Benzinga - In Monday’s trading session, the NIFTY 50 index saw significant activity, with Tata Motors leading the pack as the top performer, while UPL experienced the most considerable decline among the index’s constituents.

Tata Motors experienced a notable surge, with its stock price increasing by 5.47%, closing at ₹926.80.

Stock Current Price Last Close % Change
Tata Motors Ltd . (NS: TAMO ) ₹926.8 ₹878.75 5.47%
Coal India (NS: COAL ) Ltd. ₹440.25 ₹419.8 4.87%
Sun Pharmaceutical Industries Ltd. (NS: SUN ) ₹1463.8 ₹1416.65 3.33%
Cipla Ltd. (NS: CIPL ) ₹1433.9 ₹1392.65 2.96%
Bharat Petroleum (NS: BPCL ) Corporation Ltd. ₹574.75 ₹558.35 2.94%

Coal India and Sun Pharmaceutical Industries also showed strong performance, with their stock prices rising by 4.87% and 3.33%. Cipla and Bharat Petroleum Corporation rounded out the top five gainers with increases of 2.96% and 2.94%, respectively.

Conversely, UPL Ltd (NS: UPLL ). faced a significant setback, with its stock price dropping by 11.18%, closing at ₹474.00.

Stock Current Price Last Close % Change
UPL Ltd. ₹474.0 ₹533.65 -11.18%
Bajaj Finance (NS: BJFN ) Ltd. ₹6608.2 ₹6848.3 -3.51%
Bharti Airtel Ltd. (NS: BRTI ) ₹1113.55 ₹1150.8 -3.24%
HDFC Life Insurance (NS: HDFL ) Company Ltd. ₹563.35 ₹578.8 -2.67%
Grasim Industries Ltd. (NS: GRAS ) ₹2089.75 ₹2139.45 -2.32%

Bajaj Finance, Bharti Airtel, HDFC Life Insurance Company, and Grasim Industries also experienced declines, with their stock prices falling by 3.51%, 3.24%, 2.67%, and 2.32%, respectively.

The Indian benchmark indices closed lower, retracting from their intraday highs. The Sensex ended down 354.21 points or 0.49% at 71,731.42, and the Nifty closed down 82.10 points or 0.38% at 21,771.70. Consumer Durables, Financial Services, FMCG, and Banks were among the sectors experiencing the most significant declines. The broader markets also saw a sell-off towards the end of the trading session, with many indices finishing in negative territory.

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