On Thursday, Indian benchmark equity indices—Sensex and Nifty 50—suffered notable declines, largely driven by a significant fall in Adani Group stocks. This downturn came in the wake of the indictment of Adani Group’s billionaire chairman in New York on charges related to a multibillion-dollar bribery and fraud scheme. The Sensex closed at 77,155.79, falling 422.59 points or 0.54%, while the Nifty 50 ended the session at 23,349.90, down by 168.60 points or 0.72%. This sharp decline was fueled by the underperformance of key stocks within the Nifty 50 index, particularly those from the Adani Group.
Several major stocks in the Nifty 50 index witnessed losses, with Adani Enterprises, Adani Ports and Bharat Petroleum emerging as the top underperformers. Take a look below at the top 10 losers (as per Trendlyne) of NIFTY 50 today.
Nifty 50 top losers
Name | LTP | Change(%) |
Adani Enterprises Ltd. | 2183.7 | -637.85 (-22.6%) |
Adani Ports & Special Economic Zone Ltd. | 1114.7 | -175.00 (-13.6%) |
Bharat Petroleum Corporation Ltd. | 282.4 | -5.10 (-1.8%) |
NTPC Ltd. | 356.2 | -10.55 (-2.9%) |
Bajaj Finserv Ltd. | 1569.3 | -27.10 (-1.7%) |
IndusInd Bank Ltd. | 981.5 | -18.75 (-1.9%) |
Britannia Industries Ltd. | 4803.4 | -89.35 (-1.8%) |
SBI Life Insurance Company Ltd. | 1478.0 | -44.95 (-3.0%) |
Tata Consumer Products Ltd. | 911.7 | -5.45 (-0.6%) |
Oil And Natural Gas Corporation Ltd. | 242.2 | -5.85 (-2.4%) |