Top gainers, losers today: Infosys, Eicher Motors, Titan, ICICI Bank among most active stocks
BSE Sensex fell 0.82% to 65,240.68. Among the Nifty sectoral indices, only Nifty Media (up 0.93%), Nifty Pharma (up 0.98%), and Nifty Healthcare (up 0.60%) ended in green, while the others closed in red. Adani Enterprises Ltd, Adani Ports and Special Economic Zone Ltd, Eicher Motors Ltd, Divi's Laboratories Ltd, and Infosys Ltd were among the top gainers of Nifty.
While Titan Company Ltd, Bajaj Finserv Ltd, Oil & Natural Gas Corporation Ltd (ONGC), ICICI Bank Ltd, and Nestle India Ltd were among the major laggards of Nifty. “Global markets are still grappling with the impact of the US rating downgrade, with spiking bond yield and strengthening dollar index. However, the pharma sector has managed to weather the storm thanks to its strong earnings outcome, while mid and small-cap stocks have outperformed the benchmark index.
The domestic service PMI has surpassed market expectations, reaching a 13-year high due to a rise in new orders, particularly in international sales," said Vinod Nair, Head of Research at Geojit Financial Services. According to exchange data, foreign institutional investors (FIIs) sold shares of stock on Wednesday totaling ₹1,877.84 crore. In Asia, the Nikkei 225 in Tokyo slumped to 32,159.28 and the Hang Seng in Hong Kong dropped by 0.5% to 19,420.87.
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