Top Gainers Today October 11, 2024: Trent, Hindalco, HCL Tech and more

The stock markets ended on a mixed note today as the Nifty closed below the 25,000 mark, dropping 24.15 points to settle at 24,974.30. The Sensex also fell by 176 points, closing the day with a decline of 0.10%. Sectors such as auto, banking, and power faced downward pressure, while IT, metal, pharma, and media sectors offered some respite by closing in the green.

On the sectoral front, the auto, banking, power, and realty sectors each saw a decline of around 0.5%. On the other hand, IT, metal, pharma, and media sectors posted gains ranging from 0.5% to 1%. Midcap and small-cap indices on the BSE, however, managed to register gains, each rising by 0.5%.

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Top Gainers: Several stocks outperformed the market, leading the list of top gainers:

  1. Trent Ltd: Trent surged by 2.52%, closing at ₹8,231.00, with an impressive increase of ₹202.15 for the day.
  2. Hindalco: Hindalco followed with a gain of 2.27%, closing at ₹746.70, marking a rise of ₹16.55.
  3. HCL Tech: HCL Tech saw gains of 1.73%, ending the day at ₹1,839.95 with an increase of ₹31.30.
  4. Tech Mahindra (TechM): Tech Mahindra witnessed a 1.56% rise, closing at ₹1,645.00, up by ₹25.30.
  5. ONGC: ONGC recorded a 1.35% gain, closing at ₹292.65, up ₹3.90 for the day.
  6. JSW Steel: JSW Steel posted a 1.20% increase, closing at ₹1,019.45 with a rise of ₹12.05.
  7. Hindustan Unilever (HindUnilvr): Hindustan Unilever gained 1.10%, closing at ₹2,785.05 with an increase of ₹30.35.
  8. Coal India: Coal India closed at ₹493.10, gaining 1.02%, with a ₹5.00 rise.

Market Overview: Despite a volatile session, some stocks, particularly in the metal sector, performed well, helping offset the declines in the banking and auto sectors. The market continues to be influenced by global macroeconomic factors, and investors are watching for key policy updates that may impact future performance.