The Indian equity markets demonstrated robust momentum on May 26, with key benchmark indices closing sharply higher amid positive investor sentiment. The BSE Sensex surged by 455.37 points (0.56%), ending the day at 82,176.45, while the Nifty 50 index gained 148 points (0.60%) to finish at a significant milestone of 25,001.15.
Despite the overall market rally, some prominent stocks from the Nifty 50 index ended the day in the red. Among the biggest losers of the day were well-known names like Eternal, UltraTech Cement and Kotak Mahindra Bank. Let’s take a closer look at the top losers of the Nifty 50, according to Trendlyne.
Nifty 50 top losers on May 26
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Eternal was the biggest loser, dropping 4.6% to close at Rs 226.7.
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UltraTech Cement declined 0.6%, closing at Rs 11,676.
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Kotak Mahindra Bank fell 0.5%, ending the day at Rs 2,090.
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Power Grid Corporation also dropped 0.5%, closing at Rs 296.7.
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NTPC shares decreased by 0.4%, closing at Rs 343.3.
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Tata Steel fell 0.4% to close at Rs 162.4.
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Grasim Industries declined 0.3%, ending at Rs 2,652.
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Sun Pharmaceutical dropped 0.3%, closing at Rs 1,679.1.
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Maruti Suzuki India saw a 0.2% fall to Rs 12,427.
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Cipla finished slightly lower by 0.1%, closing at Rs 1,482.6.
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