Indian equity benchmarks were trading higher in midday deals on February 16, with the Nifty at 25,550.50, up 0.31%, and the Sensex at 82,848.53, up 0.27% as of 12:10 PM IST. Despite the broader market strength, several frontline stocks from the Nifty 50 index were trading in the red.
Among the top losers was Maruti Suzuki India, which declined 1.6% to ₹14,989. The stock was down ₹248 during the session.
Infosys also fell 1.6% to ₹1,347.5, slipping ₹21.60 in midday trade.
Shares of Tech Mahindra were lower by 1.5% at ₹1,510.9, down ₹23.50.
Jio Financial Services declined 1.3% to ₹260.4, falling ₹3.55.
Tata Motors (passenger vehicles segment) slipped 1.0% to ₹376.6, down ₹3.70.
Bajaj Auto was down 1.0% at ₹9,667, falling ₹93.
Shares of Bajaj Finance declined 0.9% to ₹1,015.8, down ₹8.95.
State Bank of India traded 0.8% lower at ₹1,188.9, slipping ₹9.70.
Eicher Motors fell 0.8% to ₹8,001.5, down ₹63.50.
Mahindra & Mahindra was also down 0.8% at ₹3,506.4, declining ₹27.
The broader Nifty index remained in positive territory, even as select heavyweights witnessed selling pressure during midday trading.
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