Indian equity markets ended lower on December 16 as selling pressure intensified across heavyweight stocks, pushing the Nifty below the crucial 25,900 level. The Sensex closed down 533.50 points, or 0.63 percent, at 84,679.86, while the Nifty declined 167.20 points, or 0.64 percent, to settle at 25,860.10
Several heavyweight stocks ended the day in the red, dragging overall market sentiment. Here are the top losers from the Nifty 50 index (as per Trendline).
Top Losers – Nifty 50 (December 16)
-
Axis Bank closed at ₹1,219.60, down 5.1%, the steepest decline among Nifty 50 stocks.
-
Eternal ended at ₹284.50, lower by 4.7%.
-
JSW Steel settled at ₹1,082.60, declining 2.9%.
-
HCL Technologies closed at ₹1,651.70, down 1.9%.
-
Tata Steel finished at ₹169.80, falling 1.8%.
-
UltraTech Cement ended at ₹11,528, lower by 1.7%.
-
Bajaj Finserv closed at ₹2,035.20, down 1.7%.
-
Jio Financial Services settled at ₹295.30, declining 1.5%.
-
Bajaj Finance ended at ₹998.40, lower by 1.4%.
-
Adani Enterprises closed at ₹2,247.90, down 1.4%.
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.