Indian stock markets continued their downward momentum for a second straight day on August 6, with benchmark indices closing in the red amid weak investor sentiment. The Nifty 50 slipped below the psychological 24,600 mark, ending the session at 24,574.20, down 75.35 points or 0.31%. Meanwhile, the BSE Sensex lost 166.26 points or 0.21%, finishing at 80,543.99.
Weakness across key heavyweight stocks contributed to the broader market decline. Notably, Wipro, Sun Pharma, Jio Financial Services, and Tech Mahindra were among the worst performers within the Nifty 50 pack. Let’s take a closer look at the top losers of the Nifty 50, according to Trendlyne.
Top Nifty Losers on August 6:
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Wipro closed at ₹239.8, down 2.5%.
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Sun Pharmaceutical Industries ended at ₹1593.5, falling 2.4%.
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Jio Financial Services settled at ₹326.0, down 2.1%.
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Tech Mahindra closed at ₹1455.0, declining 2.1%.
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IndusInd Bank ended at ₹803.0, falling 2.0%.
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Infosys closed at ₹1433.0, down 1.9%.
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Dr. Reddy’s Laboratories ended at ₹1193.5, slipping 1.8%.
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Hero MotoCorp closed at ₹4470.1, down 1.7%.
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Bajaj Finance settled at ₹877.0, falling 1.7%.
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HCL Technologies ended at ₹1459.9, down 1.5%.
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.