Indian stock markets ended in the red on Wednesday, July 3, after a volatile trading session. Benchmark indices slipped slightly as investor sentiment remained cautious. The BSE Sensex dropped 170 points to close at 83,239.47, while the NSE Nifty 50 settled 48 points lower at 25,405.30.

Despite some resilience in select sectors, several heavyweights from the Nifty 50 index dragged the market down. Among the biggest losers of the day were well-known names such as SBI Life, Kotak Mahindra Bank and Bajaj Finance. Let’s take a closer look at the top losers of the Nifty 50, according to Trendlyne.

Nifty 50 top losers on July 3

  • SBI Life Insurance closed at ₹1,810.20, down 2.5%.

  • Kotak Mahindra Bank fell 2.0% to end at ₹2,126.60.

  • Bajaj Finance dropped 1.4%, settling at ₹910.20.

  • Bajaj Finserv declined by 1.4%, closing at ₹1,980.70.

  • JSW Steel ended 1.3% lower at ₹1,046.10.

  • Grasim Industries slipped 1.2%, closing at ₹2,814.40.

  • Adani Ports and Special Economic Zone fell 0.9% to ₹1,431.10.

  • Hindalco Industries was down 0.8%, closing at ₹692.90.

  • Adani Enterprises edged 0.7% lower to ₹2,611.20.

  • State Bank of India closed at ₹807.10, down 0.7%.

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.

TOPICS: Bajaj Finance Bajaj Finserv JSW Steel Kotak Mahindra Bank Nifty SBI Life