Advertisement

Nifty 500 Losers: Paytm Falls 10% To Hit Lower Circuit Again

Nifty 500 Losers: Paytm Falls 10% To Hit Lower Circuit Again

Advertisement

Benzinga – Friday’s trading session in the Indian stock market showcased a dynamic range of performances, with UCO Bank (NS:UCBK) leading the surge among the top gainers in the NIFTY 500 index, while UPL faced a significant downturn, marking it as the day’s biggest loser.

UCO Bank stood out with a remarkable 14.24% increase, closing at ₹57.75.

Stock Current Price Last Close % Change
UCO Bank ₹57.75 ₹50.55 14.24%
Indian Overseas Bank ₹62.65 ₹56.15 11.58%
The New India Assurance Co. Ltd. ₹265.65 ₹242.1 9.73%
MMTC Ltd. ₹92.2 ₹84.15 9.57%
General Insurance Corporation of India ₹408.65 ₹377.2 8.34%

Indian Overseas Bank and The New India Assurance Co. followed with significant gains of 11.58% and 9.73%. MMTC and General Insurance Corporation of India also featured among the top performers with increases of 9.57% and 8.34%, respectively.

Conversely, UPL Ltd. experienced a sharp decline of 11.18%, closing at ₹474.00.

Stock Current Price Last Close % Change
UPL Ltd. ₹474.0 ₹533.65 -11.18%
One97 Communications Ltd. (Paytm) ₹438.5 ₹487.2 -10.0%
Bank of India ₹138.6 ₹151.55 -8.55%
Engineers India Ltd. ₹244.25 ₹261.35 -6.54%
Devyani International Ltd. ₹162.25 ₹173.0 -6.21%

Paytm and Bank of India also faced significant setbacks, with their stock prices dropping by 10.0% and 8.55%. Engineers India and Devyani International rounded out the list of top losers with declines of 6.54% and 6.21%, respectively.

The Indian benchmark indices closed lower, retracting from their intraday highs. The Sensex ended down 354.21 points or 0.49% at 71,731.42, while the Nifty closed down 82.10 points or 0.38% at 21,771.70. Consumer Durables, Financial Services, FMCG, and Banks were among the sectors experiencing significant losses. Additionally, broader markets saw a sell-off, with many indices closing in negative territory.

Credit Artical Here

Leave a Comment

x