The Indian stock market showed resilience today with the SENSEX climbing to 75,398.72, up by 1.06%, and the NIFTY 50 advancing to 23,689.60, marking a 1.18% increase. However, not all stocks shared in the gains. Kaynes Technology India, Gujarat State Petronet, and Garden Reach Shipbuilders & Engineers emerged as the top losers, each experiencing significant declines in their share prices.
Biggest decliners today
Kaynes Technology India saw a dramatic fall, with its stock price dropping by 20.15% from its opening value of ₹3,760.60 to a current level of ₹3,336.50. This decline positions Kaynes as the most significant loser in today’s trading session. Gujarat State Petronet followed, with its shares falling by 7.13% to ₹268.35, despite opening at ₹287.55. Garden Reach Shipbuilders & Engineers also faced a notable drop, with its stock decreasing by 5.19% to ₹2,705.40.
NIIT and Poly Medicure were also among the top decliners. NIIT’s shares decreased by 4.85%, closing at ₹64.54, while Poly Medicure fell by 4.80% to ₹1,521.00. These declines highlight the challenges faced by companies across different sectors today.
Sectoral patterns
While the top losers span various sectors, the technology and manufacturing sectors were particularly impacted. Companies like Persistent Systems and Data Patterns (India) also experienced declines, with Persistent Systems falling by 4.46% and Data Patterns by 4.43%. This suggests a broader trend of pressure within the tech sector.
In the manufacturing sector, DCM Shriram and Tube Investments of India also saw their stock prices decrease, with declines of 4.78% and 4.77%, respectively. This indicates a challenging day for manufacturing stocks.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Kaynes | 3,760.60 | 3,760.60 | 3,300.60 | 3,336.50 | -20.15% |
| Gujarat State Petronet | 287.55 | 290.00 | 257.15 | 268.35 | -7.13% |
| Garden Reach | 2,855.40 | 2,867.50 | 2,664.00 | 2,705.40 | -5.19% |
| NIIT | 68.50 | 68.93 | 62.40 | 64.54 | -4.85% |
| Poly Medicure | 1,595.00 | 1,604.90 | 1,509.10 | 1,521.00 | -4.80% |
| DCM Shriram | 1,140.00 | 1,152.80 | 1,114.10 | 1,127.60 | -4.78% |
| Tube Investments | 2,949.00 | 2,976.40 | 2,761.90 | 2,800.80 | -4.77% |
| Persistent Systems | 4,831.00 | 4,831.00 | 4,577.00 | 4,628.80 | -4.46% |
| Data Patterns | 4,250.00 | 4,250.00 | 3,952.00 | 4,010.50 | -4.43% |
| LIC Housing Finance | 570.25 | 580.95 | 546.80 | 560.40 | -4.31% |
What this means for the market
Despite the overall positive movement in the major indices, the significant declines in these stocks suggest that investors are exercising caution, particularly in the technology and manufacturing sectors. As the trading session progresses, market participants will be keenly watching for any further developments that could influence these sectors and the broader market sentiment.
Data as on May 14, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.