Several heavyweight stocks in the Nifty 50 index took a significant hit today, with many dropping over 3% during the trading session. The broader market saw a downward trend, influenced by rising global uncertainties and increasing crude oil prices. Below is a look at the Nifty 50 stocks that have fallen over 3%:
- BPCL: Shares of BPCL dropped by 5.27%, closing at ₹348.85. The stock saw its high at ₹361.60 but ended significantly lower.
- Shriram Finance: Down by 4.51%, Shriram Finance closed at ₹3,409.50 after touching a low of ₹3,400.05 during the day.
- L&T: Larsen & Toubro fell by 4.27%, ending the day at ₹3,497.65.
- Axis Bank: The banking giant Axis Bank witnessed a 4.15% fall, closing at ₹1,175.70.
- Tata Motors: The automaker’s stock dropped by 4.09%, ending at ₹925.70.
- Reliance: Reliance Industries saw a 3.95% decline, closing at ₹2,813.95.
- Maruti Suzuki: The auto major’s shares dropped by 3.94%, closing at ₹12,647.35.
- Asian Paints: The paint giant fell by 3.91%, closing at ₹3,149.30.
- Eicher Motors: Shares of Eicher Motors dropped by 3.82%, closing at ₹4,782.50.
- Tata Consumer Products: The stock closed at ₹1,152.75, down by 3.64%.
- Bajaj Finance: Shares of Bajaj Finance fell by 3.49%, ending at ₹7,433.85.
- Apollo Hospitals: Down by 3.46%, closing at ₹6,905.95.
- Bajaj Finserv: Shares dropped by 3.13%, closing at ₹1,913.40.
- Wipro: The tech giant Wipro fell by 3.04%, closing at ₹530.15.
- Kotak Mahindra Bank: The bank’s stock ended 3.01% lower at ₹1,822.80.
The decline comes amid rising global tensions and fluctuations in crude oil prices, creating a ripple effect on the Indian stock market. Investors should continue to monitor these key stocks in the coming days for further developments.
Disclaimer: Stock market investments are subject to market risks. Investors are advised to consult a financial advisor before making any investment decisions.
