Tata Stock Jumps 3% To Lead Nifty 50 Gainers
Following closely was Bharti Airtel (NS:BRTI), which saw a 3.12% rise in its stock price. The telecom giant ended the trading session at ₹1168.90, compared to its last close at ₹1133.50.
Company Name Current Price Last Close % Change
| Tata Motors | ₹1021.90 | ₹987.20 | 3.51% |
| Bharti Airtel | ₹1168.90 | ₹1133.50 | 3.12% |
| Bajaj Auto (NS:BAJA) | ₹8351.75 | ₹8207.30 | 1.76% |
| Oil and Natural Gas (NS:ONGC) Corporation | ₹283.75 | ₹279.20 | 1.63% |
| State Bank of India (NS:SBI) | ₹783.95 | ₹772.05 | 1.54% |
Two-wheeler manufacturer Bajaj Auto also had a good run with a 1.76% increase, closing at ₹8351.75. The stock had closed at ₹8207.30 in the previous trading session.
Public sector entities Oil and Natural Gas Corporation (ONGC) and State Bank of India (NS:BOI) (SBI) also had a positive day, gaining 1.63% and 1.54% respectively. ONGC closed at ₹283.75, while SBI ended the day at ₹783.95.
Company Name Current Price Last Close % Change
| Bajaj Finserv (NS:BJFS) | ₹1550.50 | ₹1619.30 | -4.25% |
| Bajaj Finance (NS:BJFN) | ₹6324.25 | ₹6602.45 | -4.21% |
| Nestlé India | ₹2538.65 | ₹2589.10 | -1.95% |
| Infosys (NS:INFY) | ₹1606.50 | ₹1637.20 | -1.88% |
| SBI Life Insurance (NS:SBIL) | ₹1491.25 | ₹1517.95 | -1.76% |
On the flip side, Bajaj Finserv emerged as the biggest loser, with a decline of 4.25%. The stock closed at ₹1,550.50, compared to its last close at ₹1,619.30. Another major setback was for Bajaj Finance, which saw a drop of 4.21%, closing at ₹6,324.25. The stock had previously closed at ₹6,602.45.
FMCG major Nestlé India also faced a downturn, with a 1.95% decrease in its stock price. The stock ended the day at ₹2538.65, compared to its last close at ₹2589.10.
IT giant Infosys and insurance provider SBI Life Insurance also experienced a dip in their stock prices, with a decline of 1.88% and 1.76% respectively. Infosys closed at ₹1606.50, while SBI Life Insurance ended the day at ₹1491.25.
After a volatile trading session, the Indian benchmark indices closed lower. The Sensex ended the day down 195.16 points or 0.26% at 73,677.13, while the Nifty was down 49.30 points or 0.22% at 22,356.30.
The sectoral performance was mixed, with the auto index gaining 1.3% led by Tata Motors and Bajaj Auto and the PSU Bank index rising by 2.5%. On the other hand, the IT and FMCG indices shed 1% each, while sectors like oil & gas, power, and realty managed to gain around 0.5% each.
Read Next: Bajaj Auto’s ₹4,000 Share Buyback Plan: Here’s How High Rajiv Bajaj Thinks Share Price Should Climb
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