After a robust rally on January 2 that saw gains of nearly 2%, Indian stock market benchmarks—the Sensex and the Nifty 50—faced a significant downturn on Friday, January 3, 2025.
The BSE Sensex opened at 80,072.99, slightly higher than its previous close of 79,943.71. However, selling pressure dragged it down to an intra-day low of 79,109.73, marking a steep fall of 834 points. The index managed to recover some ground but still closed 721 points lower at 79,223.11, translating to a loss of 0.90%.
Similarly, the Nifty 50 opened at 24,196.40, marginally above its previous close of 24,188.65. It fell sharply during the session to hit an intra-day low of 23,976, a decline of 213 points. The index eventually settled at 24,004.75, down 184 points or 0.76% for the day.
Despite the market’s overall decline on Friday, several stocks in the Nifty 50 showcased strong weekly performance. Oil And Natural Gas, Maruti Suzuki and Eicher Motors emerged as the frontrunners in the stock market, exhibiting good performance. Let’s take a look below at the top 10 gainers (as per Trendlyne) of NIFTY 50 this week.
Nifty 50 Top Gainers This Week
| Name | LTP | Change (%) | Change (Week %) |
|---|---|---|---|
| Oil And Natural Gas | 258.9 | 12.82 (5.2%) | 9.3% |
| Maruti Suzuki India | 11934.3 | 92.95 (0.8%) | 9.1% |
| Eicher Motors | 5310.8 | 2.65 (0.1%) | 8.9% |
| Bajaj Finserv | 1701.1 | 0.45 (0.0%) | 7.7% |
| Bajaj Finance | 7407.3 | 18.05 (0.2%) | 7.2% |
| Adani Enterprises | 2564.6 | -33.10 (-1.3%) | 6.4% |
| Tata Motors | 790.4 | 25.35 (3.3%) | 5.3% |
| Shriram Finance | 3048.4 | -11.70 (-0.4%) | 5.2% |
| IndusInd Bank | 997.9 | 6.55 (0.7%) | 4.7% |
| Mahindra & Mahindra | 3190.6 | -20.55 (-0.6%) | 4.6% |
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.
