The Indian equity markets witnessed sharp fluctuations on Friday, with both the BSE Sensex and Nifty50 facing significant declines. The Sensex experienced a dramatic drop of over 1,000 points during early trade, while Nifty50 slipped below the 24,000 mark. Despite attempts to recover, both indices closed in the red by the end of the session.
Market Close Details:
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BSE Sensex: Closed at 79,212.53, down 589 points or 0.74%.
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Nifty50: Settled at 24,039.35, losing 207 points or 0.86%.
Several major stocks underperformed this week, with Trent, Tata Steel and Larsen & Toubro leading the losses. Let’s take a closer look at the top 10 losers of the Nifty 50 this week, according to Trendlyne.
Nifty 50 Top Losers This Week
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Shriram Finance closed at ₹655.2, recording a weekly decline of 5.3%.
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Adani Ports & Special Economic Zone ended the week at ₹1193.0, down by 5.3%.
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Bharti Airtel saw a weekly drop of 3.8%, closing at ₹1817.2.
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Adani Enterprises closed at ₹2354.3, falling 2.6% over the week.
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HDFC Life Insurance ended the week at ₹704.6, down by 2.2%.
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NTPC recorded a 2.1% decline this week, with a closing price of ₹356.5.
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Axis Bank closed at ₹1166.3, falling by 2.1% during the week.
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Eicher Motors slipped 1.8% this week, finishing at ₹5575.5.
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Hindustan Unilever ended the week at ₹2332.2, down 1.8%.
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Apollo Hospitals Enterprise closed at ₹6953.0, marking a 1.7% weekly drop.
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.
