Nifty 50 Top Gainers, Losers On May 27: Jio Finance, IndusInd To UltraTech, ITC

Jio Financial Services Ltd., IndusInd Bank Ltd., Trent Ltd., Sun Pharmaceutical Industries Ltd., and Adani Ports and Special Economic Zone Ltd. were among the top gainers of the NSE Nifty 50 on Tuesday.

UltraTech Cement Ltd., JSW Steel Ltd., ITC Ltd., Tata Motors Ltd., and Grasim Industries Ltd. were among the biggest laggards.

Jio Financial's share price closed at 3.87% higher at Rs 292.65 apiece, followed by IndusInd Bank, which closed 2.61% higher at Rs 821 apiece. Shares for Trent also gained for the second consecutive day as the stock closed 0.8% higher at Rs 5,570 apiece.

UltraTech Cement emerged as the biggest loser, slumping 2.28% and closing in the red at Rs 11,422 apiece. ITC was also among the worst performers and closed 1.85% down at Rs 433.9 apiece.

JSW Steel share price closed at 1.8% lower at Rs 1,013.7 apiece, followed by Tata Motors, which closed 1.65% lower at Rs 716.45 apiece.

The benchmark equity indices closed lower on Tuesday, reversing its two-day gains amid volatility in domestic markets.

The NSE Nifty 50 closed 174.95 points or 0.7% lower at 24,826.20 and the BSE Sensex ended 624.82 points or 0.76% down at 81,551.63. During the day, the Nifty fell 1.19% to 24,704.10, while the Sensex dropped 1.28% to 81,121.70