Top Gainers & Losers: Two PSU stocks among blue-chip stocks rising the most, Maruti Suzuki under pressure
Gainers and Losers: Two of the three top gainers in the Nifty basket of 50 scrips were PSUs: ONGC and BPCL. Maruti Suzuki India, on the other hand, fell the most in the 50-constituent universe. Heres what analysts suggest on these and a few other stocks that buzzed the most on Thursday.
Gainers and losers: Indian equity benchmarks Sensex and Nifty50 finished almost one per cent weaker on Thursday, resuming a fall after halting an eight-day losing streak the previous day. Weakness across major markets globally — thanks to concerns about higher-for-longer interest rates — and sustained foreign fund outflows hurt investors' sentiment on Dalal Street.
The NSE Nifty declined 129 points or 0.7 per cent to close at 17,321.9 and the Sensex lost 501.7 points or 0.8 per cent to end at 58,909.4.
In the Nifty50 basket, Coal India, BPCL and Hero MotoCorp were among the top gainers, and, conversely, Maruti Suzuki, Axis Bank and TCS were the top laggards.
Also Read: Income Tax: What are the 3 deductions under the new tax regime?
Here's more on some of the top gainers and losers in the 50-scrip pack on March 2:
Coal India
Coal India stock gained by Rs 4.1 or 1.9 per cent to end at Rs 222.9 apiece on NSE.
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