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.
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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.
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 TodayÂ
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.
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