Indian benchmark equity indices, Sensex and Nifty 50, experienced a downturn on Thursday, driven by a significant decline in Adani Group stocks. This was triggered by the indictment of Adani Group’s billionaire chairman in New York on charges related to a multibillion-dollar bribery and fraud scheme. The negative sentiment led to a drop in market sentiment, with the Sensex closing at 77,155.79, down 422.59 points or 0.54%, and the Nifty 50 ending at 23,349.90, down 168.60 points or 0.72%. Despite the overall market slump, several stocks in the Nifty 50 index performed well.
Power Grid, UltraTech Cement and Hindalco Industries emerged as the frontrunners in the stock market, exhibiting good performance. Let’s take a look below at the top gainers (as per Trendlyne) of NIFTY 50 today.
Nifty 50 top gainers
| Name | LTP | Change(%) |
| Power Grid Corporation of India Ltd. | 325.3 | 10.25 (3.3%) |
| UltraTech Cement Ltd. | 10952.7 | 183.10 (1.7%) |
| Hindalco Industries Ltd. | 647.7 | 7.65 (1.2%) |
| Apollo Hospitals Enterprise Ltd. | 6746.0 | 59.05 (0.9%) |
| Grasim Industries Ltd. | 2530.2 | 22.05 (0.9%) |
| Axis Bank Ltd. | 1143.5 | 9.55 (0.8%) |
| Tata Consultancy Services Ltd. | 4068.0 | 28.45 (0.7%) |
| HCL Technologies Ltd. | 1833.3 | 12.75 (0.7%) |
| Kotak Mahindra Bank Ltd. | 1739.0 | 11.25 (0.7%) |
| ICICI Bank Ltd. | 1255.9 | 6.75 (0.5%) |
