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Gainers and Losers: Equities Tumble as Indian Markets See Broad Decline

News by Aliceblue News Desk

10 Jul 2024

Gainers and Losers: Equities Tumble as Indian Markets See Broad Decline

The Indian equity markets saw a broad-based selloff on July 10, with benchmark indices Sensex and Nifty retreating from their record highs. The BSE Smallcap index bore the brunt, declining over 0.7%, while the BSE Midcap index slipped 0.1%.

GE Power India surged over 11% after bagging a ₹7.67 crore order, while Delhivery gained 3% following a block deal. Adani Ports and ONGC also saw gains of around 1% each.

Nifty 50 sees Mahindra & Mahindra shares plummet over 6% following price reduction announcement on its popular SUV model. Meanwhile, Supreme Industries stock surged 4%, standing out as a top gainer.

Also Read: Mahindra Share Price Today: Slumps 6.4% as It Slashes Prices on its Flagship XUV700 

Delta Corp plunged more than 4% due to disappointing Q1FY25 results, while BLS International Services and Rail Vikas Nigam saw gains of nearly 5% and 10%, respectively, on various business updates.

Greaves Cotton rose over 4% on news of its EV financing partnership with ACKO, underscoring the market’s focus on clean mobility solutions.

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