Here’s a rundown of today’s top losing stocks across the large-cap and mid-cap categories:
Mid-Cap Top Losers
- Gujarat Gas: Down 6.00%, trading at ₹456.80. The stock continues to feel pressure due to adverse market conditions and reduced APM allocations.
- Hitachi Energy: Down 4.01%, trading at ₹11,309.20, reflecting broader sectoral weakness.
- Deepak Nitrite: Declined 3.54%, trading at ₹2,545.00, following weak performance in chemical stocks.
- Piramal Pharma: Down 3.61%, trading at ₹249.10, with concerns over declining profit margins.
- KPR Mill: Dropped 2.60%, trading at ₹896.00, as textile stocks face headwinds.
- Indian Bank: Fell 2.68%, trading at ₹522.55, amid subdued banking sector performance.
- Biocon: Down 2.57%, trading at ₹327.15, as biopharmaceuticals face demand challenges.
Large-Cap Top Losers
- Wipro: Down 3.57%, trading at ₹546.45. IT sector underperformance weighs heavily.
- TCS (Tata Consultancy Services): Dropped 3.25%, trading at ₹4,011.00, reflecting broader weakness in tech stocks.
- Infosys: Down 3.05%, trading at ₹1,807.60, mirroring negative IT sentiment.
- LTIMindtree: Declined 3.13%, trading at ₹5,807.00, as IT services stocks see a correction.
- Info Edge: Down 2.76%, trading at ₹7,553.70, amid tech stock sell-offs.
- Dr. Reddy’s Labs: Dropped 2.72%, trading at ₹1,193.30, amidst concerns over pharma sector growth.
- Adani Power: Down 2.69%, trading at ₹534.30, as power stocks take a breather.
Sectoral Performance
- Nifty IT: Biggest loser, down 0.8%, reflecting IT sector headwinds.
- BSE Media: Declined 0.8%, with media stocks underperforming.
- Oil & Gas: Down 0.8%, as APM cuts and regulatory challenges impact the sector.
