The Indian stock market made a significant recovery on March 5, 2024, breaking a 10-day losing streak with impressive gains across key indices. The Nifty 50 surged past the 22,300 mark, while the Sensex soared by 740.30 points (1.01%), closing at 73,730.23. The Nifty 50 itself recorded a strong gain of 254.65 points (1.15%), settling at 22,337.30.
Despite the overall market rally, several stocks within the Nifty 50 saw declines, affecting their performance. Leading the list of top losers were Bajaj Finance, IndusInd Bank, and HDFC Bank. Take a look below at the top losers (as per Trendlyne) of NIFTY 50 today.
Nifty 50 top losers today
1. Bajaj Finance (Down 3.4%)
Bajaj Finance saw the biggest drop among the Nifty 50 constituents, witnessing a 3.4% decline. The stock price fell by 288.95 points, closing at Rs 8,297.
2. IndusInd Bank (Down 1.5%)
IndusInd Bank was another major loser, experiencing a 1.5% decline. The stock lost 14.60 points, bringing its price down to Rs 973.
3. HDFC Bank (Down 1.1%)
HDFC Bank also faced headwinds, with its stock declining by 1.1%. The share price dropped by 17.90 points, settling at Rs 1,692.1.
4. Shriram Finance (Down 0.1%)
Shriram Finance, in contrast to the above, showed minimal weakness, dipping only 0.1%. The stock lost 0.90 points, closing at Rs 632.
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