Indian stock markets wrapped up the week on a strong note, with benchmark indices extending their gains for the second consecutive week. Both the Sensex and Nifty 50 advanced over 2%, supported by broad-based buying across sectors. A major milestone came from the Nifty Bank index, which closed above the 57,400 mark for the first time.
However, not all stocks participated in the rally. Several major stocks underperformed this week, with ONGC, Dr. Reddy’s and Tech Mahindra 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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Oil and Natural Gas Corporation (ONGC) closed at ₹242.8, down 3.6% for the week.
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Dr. Reddy’s Laboratories ended the week at ₹1301.0, registering a 1.8% drop.
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Tech Mahindra declined 1.3%, closing at ₹1674.4.
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Maruti Suzuki India slipped 1.2% during the week to ₹12,642.0.
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HCL Technologies ended the week lower by 1.0%, closing at ₹1723.3.
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Infosys closed at ₹1608.0, posting a 0.9% weekly decline.
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Wipro slipped 0.6% this week to close at ₹265.1.
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Hero MotoCorp saw a minor weekly dip of 0.4%, ending at ₹4320.3.
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