Indian stock markets wrapped up July 16 on a quiet but positive note, with both Sensex and Nifty 50 posting modest gains. The Sensex inched up by 63.57 points to end at 82,634.48, while the Nifty 50 added 16.25 points, closing at 25,212.05.
However, not all stocks were in the green. Some big names from the Nifty 50 pack saw selling pressure and ended the day lower. Among the biggest losers of the day were well-known names like Shriram Finance, Eternal and Sun Pharma. Let’s take a closer look at the top losers of the Nifty 50, according to Trendlyne.
Nifty 50 top losers on July 16
-
Shriram Finance closed at ₹668.2, down 2.4%.
-
Eternal ended at ₹262.1, falling 1.6%.
-
Sun Pharmaceutical Industries settled at ₹1704.0, down 1.4%.
-
Cipla closed at ₹1470.7, dropping 1.4%.
-
Tata Steel finished at ₹157.3, losing 1.1%.
-
Bharat Electronics ended at ₹405.7, down 0.8%.
-
Tata Motors closed at ₹679.0, falling 0.8%.
-
Hero MotoCorp settled at ₹4420.1, down 0.8%.
-
Grasim Industries ended at ₹2758.0, slipping 0.7%.
-
JSW Steel closed at ₹1027.7, down 0.7%.
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.
