Indian equity markets maintained their positive momentum on June 5, with the Nifty 50 index closing above the key 24,750 level. The benchmark Sensex gained 443.79 points, or 0.55%, to end the day at 81,442.04. Meanwhile, the Nifty 50 rose by 130.70 points, or 0.53%, closing at 24,750.90.
Despite the overall market gains, some major Nifty 50 heavyweights ended the day in the red. Among the biggest losers of the day were well-known names like IndusInd Bank, Tata Consumer Products and Axis Bank. Let’s take a closer look at the top losers of the Nifty 50, according to Trendlyne.
Nifty 50 top losers on June 5
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IndusInd Bank closed at ₹803.2, down 1.4%.
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Tata Consumer Products ended at ₹1112.4, down 1.1%.
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Axis Bank shares fell 0.9% to ₹1160.
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Bajaj Finserv declined 0.6%, closing at ₹1944.
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Bajaj Finance dropped 0.6% to ₹8934.5.
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Hero MotoCorp ended at ₹4177, down 0.6%.
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Kotak Mahindra Bank shares fell 0.4% to ₹2038.7.
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Eicher Motors declined 0.3%, closing at ₹5304.
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Tata Consultancy Services dropped 0.3% to ₹3371.1.
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Mahindra & Mahindra closed at ₹3045, down 0.3%.
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.
