The Indian stock market ended the day on a positive note with the Nifty closing at 25,127.95, gaining 163.70 points (+0.66%). However, some major Nifty stocks saw notable declines, particularly in sectors such as energy, automotive, and metals. ONGC, Maruti, and Tata Steel were among the top losers.
- ONGC, one of India’s leading oil and gas exploration companies, led the decliners with a 2.07% drop. The stock closed at ₹286.50, after reaching a high of ₹292.90 during the session. The stock opened at ₹292.70 but saw declines by the session’s end.
- Maruti Suzuki, the automotive giant, faced a decline of 1.87%. The stock closed at ₹12,537.85, down by ₹238.80 from its previous session. Maruti had opened the day at ₹12,775.00 but did not sustain its gains.
- Tata Steel, a major player in the metals sector, dropped by 1.46%, closing at ₹158.32. The stock opened at ₹161.88, reaching a high of ₹163.38 before closing lower.
Other notable decliners included:
- Bajaj Finance, one of India’s largest non-banking financial companies, slipped 1.28%, closing at ₹7,208.80. The stock opened at ₹7,292.70.
- Adani Enterprises fell by 1.15%, closing at ₹3,101.10. The stock saw fluctuations, with an opening price of ₹3,145.00 and a high of ₹3,150.10.
- Ultratech Cement lost 1.06%, closing at ₹11,300.30. The stock opened at ₹11,399.95.
These declines were observed despite broader market gains, with banking and financial services providing strength. Bank Nifty rose 1.26%, with several banking stocks performing positively, contributing to the market’s overall rise.
