Indian equity benchmarks closed in the red on December 9, with the Nifty slipping below the 25,900 mark amid broad-based selling pressure. The Sensex declined 436.41 points (0.51%) to 84,666.28, while the Nifty ended 120.9 points lower (0.47%) at 25,839.65.
Despite weakness across sectors, a few heavyweight components of the Nifty 50 saw sharper corrections and emerged as the day’s top losers. Here are the top losers from the Nifty 50 index (as per Trendline).
Top Nifty 50 Losers – December 9
Asian Paints
Closed at ₹2,796, down 132.30 points, marking a 4.5% decline, the steepest among index constituents.
Tech Mahindra
Ended at ₹1,561.60, falling 30.20 points, a 1.9% drop driven by selling in IT counters.
HCL Technologies
Closed at ₹1,657.60, down 31.00 points, translating to a 1.8% decline.
Tata Steel
Settled at ₹160.70, lower by 2.80 points, a 1.7% fall as metal stocks faced pressure.
Dr. Reddy’s Laboratories
Ended at ₹1,246.20, slipping 20.30 points, a 1.6% decline.
Wipro
Closed at ₹257.40, down 3.97 points, a 1.5% fall.
Jio Financial Services
Ended at ₹293.20, lower by 4.00 points, a 1.4% decline.
Mahindra & Mahindra
Settled at ₹3,635.90, down 45.80 points, registering a 1.2% drop.
Sun Pharmaceutical Industries
Closed at ₹1,776.00, falling 20.20 points, a 1.1% decline.
UltraTech Cement
Ended at ₹11,414.00, down 126.00 points, recording a 1.1% fall.
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.
