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Find Out the Top Gainers and Top Losers as NIFTY Drops Below 25,300!

Top gainers and losers today: Nifty50 and Sensex plunged over 2% amid geopolitical tensions, marking steep declines. Nifty50 hit its lowest since September 11, with Sensex dropping 1700 points.
Find Out the Top Gainers and Top Losers as NIFTY Drops Below 25,300!

The Nifty50 and Sensex suffered significant losses, dropping over 2% due to increasing geopolitical tensions and concerns over foreign investor outflows. The Nifty50 closed at its lowest since September 11, while the Sensex shed over 1700 points, marking one of the steepest declines in recent weeks.

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Top Losers Today: Market Overview  

The Sensex and Nifty fell over 2% each, hitting three-week lows due to profit-taking amidst heightened geopolitical tensions. The Nifty closed at 25,250.10, and the Sensex at 82,497.10, with most stocks ending in the red.

Geopolitical Concerns Impact Market  

Investor sentiment was negatively influenced by missile attacks in West Asia, FII outflows, Chinese stimulus measures, and rising US bond yields. This confluence of factors led to a market sell-off, affecting broad indices and sectors.

Also Read: Huge 14.20% Gain! Discover the Top Monthly Gainers and See This Month’s Best Performing Stocks!

Sectoral Declines  

Significant losses were seen across various sectors; Realty dropped 4.36%, while Financial Services, Bank, Media, and Auto indices also fell by over 2%. This widespread decline highlights the market’s sensitivity to external shocks.

Top Losers Today: Individual Stocks  

BPCL, Shriram Finance, and Larsen & Toubro led the losses, with BPCL falling 5% due to fears of crude oil supply disruptions. Shriram Finance and L&T saw declines of 4.42% and 4.05%, respectively, amid profit booking and ongoing negative trends.

Other Notable Losers  

Other significant losers included Axis Bank, Reliance Industries, and Asian Paints, which fell due to various sector-specific pressures. Tata Motors, Bajaj Finance, Eicher Motors, and Maruti Suzuki also saw declines after reporting weak sales figures.

Also Read: Gold Hits New High: Global Tensions Spike Prices? Read More!

Top Gainers Today  

Contrasting the broad market downturn, JSW Steel and ONGC emerged as top gainers, with JSW Steel rising 1.33% on positive expectations from Chinese economic measures. ONGC slightly gained, bucking the overall negative trend in the market.

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