Bharat Electronics Ltd., Oil & Natural Gas Corp. Ltd., and Kotak Mahindra Bank Ltd. emerged as the top gainers on Tuesday, while Tech Mahindra Ltd., Tata Consultancy Services Ltd., Infosys Ltd., and SBI Life Insurance Co. were among the worst performers.
The benchmark indices extended losses for a second session on Tuesday, with the Nifty 50 declining as much as 0.78% to the day's low of 23,460.45, and the Sensex falling 0.88% to the day's low of 77,560.79.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
As the year comes to an end, the NSE Nifty 50 and BSE Sensex record the best yearly winning streak since their inception. The benchmark indices rose for nine years in a row, despite sharp losses in the last three to four months of 2024.
Bharat Electronics, the top gainer in the Nifty, closed 2.90% higher at Rs 293.15 apiece after it rose as much as 3.19% during the day. This comes after the shares saw a 3.15% fall on Monday.
ONGC was also among the key gainers of the day as its stock closed 2.84% higher at Rs 239.25 apiece on the National Stock Exchange. The stock had fallen 1.79% lower in the previous session. Kotak Mahindra Bank's stock rallied to close 2.54% higher.
Trent Ltd. closed 2.43% higher at Rs 7,123.35 per share after seeing a 2.76% rise during the day. This is after the company's shares fell 1.55% in the last two sessions.
Coal India Ltd. was also among the top gainers. It closed 1.65% higher at Rs 384.15.
On the flip side, Tech Mahindra plunged up to 3.35% before closing 1.99% lower at Rs 1,706.20 apiece. The stocks of other IT firms like Infosys and Tata Consultancy Services also closed 1.36% and 1.54% lower. This comes after the US treasury yields remain elevated above 4.5%, adding pressure on the IT sector.
SBI Life Insurance and Adani Enterprises, which were also among the drags, settled 0.92% and 2.46% lower, respectively.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.