After three days of making new highs this week, the domestic market ended in red today. However, the fall was marginal due to mixed global cues and selling pressure in the heavyweight sectors. The Nifty 50 fell 0.17% during today’s market session and closed at 20901.15 from its previous close at 20937.70.
While the overall market was sluggish today, the consumer durables and media sector added some push to it, while the FMCG and metal sector mainly pulled it down.
Let’s look at the nifty top gainers and losers for the day.
Top 5 Nifty Gainer Stocks Today
| Stocks | Previous Day’s closing price | LTP | Change (%) |
| ADANIPORTS | 1,017.95 | 1,044.00 | 2.56 |
| POWERGRID | 224.4 | 229.75 | 2.38 |
| ULTRACEMCO | 9,213.00 | 9,381.00 | 1.82 |
| CIPLA | 1,205.20 | 1,223.95 | 1.56 |
| NTPC | 281.1 | 284.8 | 1.32 |
- Adani Ports: The top nifty gainer today is Adani Port, with a rise of 2.56% and closed at 1044 following the company’s intimation to the exchange about a board meeting to be held on 12 December, where the company can consider fundraising.
- Power Grid Corporation: This power stock gained 2.38% today following a rise in the power sector. The stock closed at 229.75, up from its previous close at 224.40.
- Ultratech Cement: As the realty sector rose today, the cement company gained 1.82% following its investors meeting today.
- Cipla: The pharma stock gained 1.56% following a rise in the pharma sector. The stock closed at 1223.95, while it closed yesterday at 1205.20.
- NTPC: This stock gained 1.32% following the upsurge in the power and energy sector today and due to state election results.
Top 5 Loser Stocks Today
| Stocks | Previous Day’s closing price | LTP | Change (%) |
| BHARTIARTL | 1,024.45 | 1,000.00 | -2.39 |
| HINDUNILVR | 2,567.65 | 2,522.15 | -1.77 |
| APOLLOHOSP | 5,543.10 | 5,457.00 | -1.55 |
| ONGC | 201.95 | 199.05 | -1.44 |
| TATASTEEL | 131.85 | 130.05 | -1.37 |
- Bharti Airtel Limited: Today, the media and telecommunication sector fell, which pulled this stock down by 2.39%. The stock closed at 1000, down from yesterday’s price, becoming today’s top nifty loser.
- HUL: This heavyweight stock witnessed selling pressure as the FMCG sector was down today. The stock fell 1.77% during the day and finally closed at 2522.15.
- Apollo Hospitals: Though the healthcare sector gained today, this healthcare stock dropped 1.55% and closed at 5457, down from its previous day’s closing price of 5543.10.
- ONGC: This oil and gas stock fell 1.44%, closing at 199.05 even though the oil and gas sector boomed today. This is probably due to the volatility in the oil price.
- Tata Steel: This stock is one of the heavyweight stocks that witnessed selling pressure today. It fell 1.37%, closing at 130.05, down from its last day’s close of 131.85.
Today, selling pressure in the heavyweight stocks mainly pulled the market down on the domestic front. However, the market was not concentrated today, as the top nifty gainers and top nifty losers are from multiple sectors.
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