The Indian stock market closed the week on a positive note, with major indices registering significant gains on Friday, May 23. The BSE Sensex surged by 769.09 points, or 0.95%, to finish at 81,721.08, while the NSE Nifty 50 climbed 243.45 points, or 0.99%, closing at 24,853.15.
Several major stocks underperformed this week, with Grasim Industries, Maruti Suzuki India and Mahindra & Mahindra 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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Grasim Industries closed this week at ₹2,659.40, down by 5.2%.
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Maruti Suzuki India ended the week at ₹12,453.00, falling 4.2%.
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Mahindra & Mahindra’s price dropped 3.9% to close at ₹3,012.70.
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Eternal’s stock declined 3.3% with a closing price of ₹237.60.
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Sun Pharmaceutical Industries finished at ₹1,683.60, down 3.0%.
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Wipro’s shares decreased by 2.7%, closing at ₹247.40.
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Trent closed at ₹5,435.50 after a 2.6% weekly decline.
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Tata Consumer Products saw a 2.3% drop, closing at ₹1,140.80.
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Tech Mahindra ended the week at ₹1,580.30, down 2.3%.
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Reliance Industries closed at ₹1,426.80, falling 2.0%.
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.
