Published: 5:07 PM, Feb 3, 2025
|Updated: 5:13 PM, Feb 3, 2025
Indian equities ended in the red in Monday's session, tracking weak global cues and reacting to the proposals made in the Union Budget. The Sensex dropped 319 points to close at 77,187, while the Nifty shed 121 points, settling at 23,361.

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Shares of the pharma company ended nearly 5 per cent higher at Rs 5,889.3 per share after the company's Q3 net profit surged 65 per cent on-year.

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Shares of the leading passenger vehicle major ended 1.5 per cent higher after Jefferies double upgraded the stock to 'buy' from the earlier 'hold' call. Also, it raised the target price on the scrip to Rs 15,000.

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Amid buoyancy in the IT pack, Coforge led the gains and ended higher by over 3 per cent at Rs 8,320.1 apiece.

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The heavyweight stock ended nearly 5 per cent lower at Rs 3,287.25 as the infra sector faces the brunt of subdued budget proposals for the next fiscal year.

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After hitting a record high in intra-day trade, Eicher Motors shares ended 1.5 per cent higher at Rs 5,470.9. The company reported strong growth in commercial vehicle (CV) and motorcycle sales in January 2025.

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ITC shares ended with a cut of 1.8 per cent at Rs 454.15 even as Jefferies remained bullish on the counter and called it as the winner with no increase in tobacco tax.

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HPCL emerged as the top loser within the Nifty Oil & Gas index and lost 6 per cent to settle at Rs 324.35 per share. The fall comes as OMCs have not been provided the expected stimulus in the Union Budget 2025.