The Indian stock market had a rather dull day on Monday, July 7, with the benchmark indices barely showing any movement. The Nifty 50 closed almost unchanged at 25,461.30—up by just 0.30 points—while the Sensex edged up slightly by 9.61 points to end at 83,442.50.
Several Nifty 50 heavyweights witnessed notable declines. Among the biggest losers of the day were well-known names such as Bharat Electronics, Tech Mahindra and ONGC. Let’s take a closer look at the top losers of the Nifty 50, according to Trendlyne.
Nifty 50 Top Losers on July 7
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Bharat Electronics declined 2.5% and closed at ₹417, making it the top loser of the day.
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Tech Mahindra fell 2.0%, ending the session at ₹1,622.4.
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ONGC dropped 1.6%, closing at ₹241.4.
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UltraTech Cement slipped 1.2% to ₹12,356.
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Maruti Suzuki was down 1.1%, settling at ₹12,507.
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HCL Technologies declined 1.1%, ending at ₹1,707.
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Hindalco Industries fell 1.0%, with a closing price of ₹692.3.
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Grasim Industries dropped 0.9% to ₹2,780.
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Hero MotoCorp was down 0.9%, finishing at ₹4,305.1.
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Eternal slipped 0.8%, ending the day at ₹259.2.
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.