Shares of Bharat Electronics, Larsen & Turbo, Axis Bank, Hindalco, and NTPC emerged as top gainers among Nifty 50 constituents on Wednesday’s intraday trading session. While, Dr Reddy’s Laboratories, TCS, Hindustan Unilever, Adani Enterprises and M&M shares lagged.
The broader market slightly rebounded from early loss to trade flat. Sensex traded at 76,028.95 as at 12.57 pm, and Nifty traded at 22,945.25.
Top gainers
Bharat Electronics Limited (BEL) surged by 3.29 per cent to ₹252.65 as at 12.30 pm on the NSE, showing strong investor demand. Larsen & Toubro (LT) followed with a 1.89 per cent rise to ₹3280.95.
Axis Bank shares gained 1.81 per cent to ₹1012.15, while Hindalco Industries increased by 1.40 per cent to ₹620.
NTPC also traded positive by 1.16 per cent to trade at ₹314.8. The stock gained momentum following a Reuters report stating that the company is looking to build 30 gigawatts of nuclear power capacity over the next two decades, three times more than expected, at a cost of $62 billion.
Top losers
On the negative territory, Dr. Reddy’s Laboratories declined by 2.67 per cent to ₹1165.4, as the pharma sector witnessed some corrections. Pharma index faced pressure after US President Trump signalled potential tariffs on pharmaceutical imports.
Tata Consultancy Services (TCS) dropped by 2.12 per cent to ₹3791.1, amid weak sentiment in the IT sector. Nifty IT index slipped by 0.74 per cent to 41,157.25. Hindustan Unilever stock lost 1.60 per cent to ₹2259.3.
Shares of Adani Enterprises declined 1.29 per cent to ₹2191.55, while Mahindra & Mahindra (M&M) slipped by 1.22 per cent to ₹2755.95. A majority of Adani Group stocks declined in early trade today, including Adani Green Energy.
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