Indian equity indices continued their upward momentum on April 2, with both the Sensex and Nifty 50 closing higher. The BSE Sensex surged 592.93 points (0.78%) to settle at 76,617.44, while the NSE Nifty 50 climbed 166.65 points (0.72%) to close at 23,332.35.

Despite the overall market rally, some stocks in the Nifty 50 index faced downward pressure. Among the top losers of the day in Nifty 50 were Bharat Electronics, Nestle India and UltraTech Cement. Below is a detailed look at the top losers (as per Trendlyne data) of Nifty 50 for the day.

Nifty 50 top losers on April 2

  1. Bharat Electronics – The stock suffered the most significant drop, closing at ₹282.4, down 3.3%.
  2. Nestle India – Faced a decline of 1.2%, closing at ₹2206.7.
  3. UltraTech Cement – Ended the session at ₹11275.0, falling 0.9%.
  4. Power Grid Corporation – Closed at ₹286.8, dropping 0.9%.
  5. Bajaj Finserv – Declined by 0.8%, finishing at ₹1921.4.
  6. Hindalco Industries – Registered a loss of 0.4%, closing at ₹661.5.
  7. Bajaj Finance – Ended at ₹8669.3, down 0.3%.
  8. Larsen & Toubro – Dropped 0.3%, closing at ₹3426.0.
  9. Asian Paints – Witnessed a 0.3% decline, closing at ₹2309.0.
  10. Grasim Industries – Despite some market resilience, it closed at ₹2612.1, down 0.3%.

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.

TOPICS: Bharat Electronics Nestle India Nifty Power Grid UltraTech Cement