Shares of M&M, Bharti Airtel, Bajaj Finance, Adani Enterprises, and Adani Ports traded among top gainers of Nifty 50 pack, while Hindalco, Dr Reddy’s Laboratories, Trent, TCS, and Sun Pharma dragged.
The stock market witnessed a mixed trend on Tuesday, rebounding from previous day’s loss. Metal, realty, PSU Bank, IT and pharma stocks traded in negative territory, while auto stocks showed resilience.
Top gainers
Mahindra & Mahindra stock led the pack of gainers a 3.28 per cent increase to ₹2,798, with 31.36 lakh trading volume.
Bharti Airtel followed with a 2.20 per cent rise to ₹1,636.55.
Shares of Bajaj Finance gained 1.63 per cent to ₹8,491.25.
In addition, two Adani Group stocks, Adani Enterprises and Adani Ports rose 1.43 per cent and 1.40 per cent to ₹2,145.5 and ₹1,085.35, respectively.
Tata Investment stock soared 7.55 per cent to ₹6,190.05, hitting an intraday high of ₹6,344, following Tata Capital’s IPO plan.
Top losers
On the other hand, Hindalco traded among top losers, shedding 3.05 per cent to trade at ₹622.3, driven by Nifty Metal index. Dr. Reddy’s Laboratories declined 2.35 per cent to ₹1,137.15, as the pharmaceutical sector faced selling pressure.
Trent declined by 1.57 per cent to ₹4,986.45, while tech giant TCS dipped 1.32 per cent to ₹3,626.9, as the IT sector remained under pressure, however marginally up from the previous day’s low.
Sun Pharma also slipped 1.29 per cent to 1618.4, adding to the weakness in the pharmaceutical space.
On the BSE, shares of Jindal Worldwide, Tata Investment Corporation, and Adani Power soared over 7 per cent, while Can Fin Homes, Dr Lal Pathlabs, and Aditya Birla Real Estate declined over 4 per cent.
Sensex traded marginally up by 191.76 pts or 0.26 per cent at 74,646.17 as at 12.50 pm, and Nifty 50 was flat at 22,571.20.