Indian equity markets ended the week on a high note, buoyed by positive global cues. Investor sentiment received a significant boost following US President Donald Trump’s announcement of a 90-day tariff pause for all countries except China. The move sparked optimism across global markets, including India, propelling major indices upward.
On Friday, the BSE Sensex soared 1.77%, gaining 1,310.11 points to close at 75,157.26. Meanwhile, the Nifty 50 jumped 1.92%, rising 429.4 points to settle at 22,828.55.
Despite the overall market rally, some major stocks underperformed this week, with Trent, Tata Steel and Larsen & Toubro leading the losses. Let’s take a closer look at the top 10 losers of the Nifty 50 this week, according to Trendlyne.
Nifty 50 Top Losers This Week
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Trent closed at ₹4780.6, down by 14.1% from last week despite a 3.5% gain on Friday.
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Tata Steel ended the week at ₹133.4, registering a 5.0% drop, though it rose 4.9% on Friday.
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Larsen & Toubro closed at ₹3116.0, down 4.4% on the week, with a 2.0% gain on Friday.
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Tata Motors closed at ₹595.1, showing a 3.1% decline for the week despite a 2.1% rise on Friday.
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Tech Mahindra ended at ₹1282.3, down 2.9% week-on-week, with a 0.8% increase on Friday.
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Infosys closed at ₹1409.5, also posting a 2.9% weekly drop, with a 0.4% gain on Friday.
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Wipro finished at ₹239.8, declining by 2.7% for the week despite a 1.3% rise on Friday.
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Shriram Finance ended at ₹638.8, falling 2.3% on the week, though it gained 2.3% on Friday.
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HCL Technologies closed at ₹1390.6, posting a 2.2% weekly drop after a 0.8% rise on Friday.
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Tata Consultancy Services was the only major name in the red on Friday, falling 0.5% to ₹3231.5, with a 2.1% decline over the week.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.