Share prices of Trent Ltd., NTPC Ltd., Power Grid Corp. Of India, Kotak Mahindra Bank Ltd., and Maruti Suzuki India Ltd. were the top gainers among the NSE Nifty 50 stocks.
Among the losers were shares of Mahindra & Mahindra Ltd., Axis Bank Ltd., Shriram Finance Ltd., Bajaj Finance Ltd., and Bajaj Finserv Ltd.
-
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
The Nifty and the BSE Sensex ended higher as markets around the globe await US inflation data. Nifty ended 0.16%, or 37.15 points up at 23,213.20 and Sensex closed at 0.29%, or 224.45 points higher at 76,724.08.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
NSE Nifty 50 Top Gainers
NTPC Ltd. gained the most among Nifty stocks, it rose for a second session and closed around 3% up.
This was followed by Trent, which rose after losing nearly 16% in its eight consecutive sessions of fall. The stock hit Rs 6,138 on Jan. 14, its lowest level since Aug. 9. Wednesday's advance came as Elara Capital initiated coverage on the stock with a 'buy' rating and a target price of Rs 8,500.
Meanwhile, Power Grid Corp. logged a second session of gains after it hit an over six-month low of Rs 286.75 on Monday. Kotak Mahindra Bank Ltd. and Maruti Suzuki were also among top gainers. Shares of Maruti Suzuki India Ltd. are poised for the Rs 14,000 mark, as per Bank of America, with the counter already posting over 10% rally this year, after ending 2024 on a sour note.
Nifty Top Losers Today
Mahindra & Mahindra Ltd. share price fell the most among Nifty stocks. The company's XEV 7e details have leaked on the internet ahead of its possible unveiling at the Bharat Mobility Global Expo 2025. This was followed by Axis Bank Ltd. and Bajaj Finserv, both of them ended more than 2% down. Bajaj Finance Ltd. and Shriram Finance Ltd. was also among the top losers.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
