Sensex, Nifty rebound; Adani Ports, SBI lead gains, HCL Tech tops losers

Share prices of Adani Ports, State Bank of India, Bajaj Finserv, Bharti Airtel, and Tata Motors were the top gainers among the BSE Sensex stocks.

Among the losers were shares of ITC, Hindustan Unilever, Infosys, Nestle India, and HCL Technologies.

The Sensex and the Nifty reversed their previous downward trend, closing positive on the day. The Sensex ended 0.42% or 318.74 points higher at 77,042.82, and Nifty closed 0.42% or 98.60 points up at 23,311.80.

Top Gainers

Adani Ports emerged as the top Sensex gainer with a 2.03% rise, showing strong recovery momentum. This was followed by the State Bank of India, which gained 1.64% and closed at ₹766.40. Bajaj Finserv’s share price was also among the top gainers, rising 1.47%. Bharti Airtel and Tata Motors rounded out the top gainers list, advancing 1.46% and 1.43%, respectively.

Top Losers

HCL Technologies led the losses, declining 1.87% by the close of trading. Nestle India followed with a drop of 1.38%, while Infosys shares fell 1.21%. Hindustan Unilever continued its downward movement, losing 1.15%, and ITC closed 1.01% lower.

The Indian rupee weakened by 16 paise against the US dollar, closing at 86.56, affected by a strong US dollar, high crude oil prices, and foreign fund outflows. Brent crude prices remained elevated at $81.93 per barrel, influencing market sentiment.

The market showed resilience despite global headwinds, with both benchmark indices opening higher than their previous close—Sensex opened at 77,319.50 versus the previous close of 76,724.08, while Nifty opened at 23,377.25 versus its previous close of 23,213.20.

Related Content

A Conversation with Lena Esmail of Youngstown, Ohio

Sun Pharma subsidiary to pick-up 100 per cent equity in Canada’s Antibe Therapeutics

2025 will witness a significant uptick in enterprise adoption of AI: Oliver Parker, VP, Google Cloud

Leave a Comment