Shares of HDFC Bank Ltd., Reliance Industries Ltd., ICICI bank Ltd., Larsen & Toubro Ltd. and ITC Ltd. were the top losers among the NSE Nifty 50 stocks on Tuesday.
Meanwhile, among the gainers were shares of Bharti Airtel Ltd., Adani Enterprises Ltd., Trent Ltd., and Grasim Ltd.
The benchmark indices extended their fall to the fifth consecutive day while realty, media and energy sectors led the sectoral losers. The NSE Nifty 50 fell as much as 1.54% to 23,022.45, and the BSE Sensex declined 1.5% to 76,149.5.
The broader market tumbled more than the benchmark indices, with the midcap index down 3.44% and the small-cap index slipping by 3.84%.
Despite sharp pullback in equities, tax cuts in the Union Budget and the rate cut by the central bank, Bernstein Research sees no inflection point to add more risks in stocks and maintains their preference to low volume counters.
The chart below points towards key gainers and losers among Nifty 50 stocks.
Top LosersÂ
HDFC Bank and Reliance Industries were the top losers as their shares closed 0.84% and 1.5% lower, respectively. Larsen & Toubro declined 2.6%, while ICICI Bank fell 0.78%.
Shares of ITC Ltd. were trading at a seven-month low ahead of the ex-date and record date for the interim dividend payout.
Shares of Eicher Motors Ltd., FSN E-Commerce Ltd., National Aluminum Co. and Grasim Industries Ltd. were in focus on Tuesday, after the companies announced their third-quarter results.
Top GainersÂ
Bharti Airtel and Adani Enterprises were the top gainers as their shares closed 0.22% and 1.35% higher.
Shares of value retailer Trent rose after they fell to the worst among the Nifty stocks in 2025. The scrip advanced and closed 0.61% higher.
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