The Indian stock market witnessed a subdued session today, with the SENSEX closing at 75,183.36, down by 0.18%, and the NIFTY 50 slightly declining by 0.02% to 23,654.70. Among the top decliners, Jubilant Foodworks, Gujarat State Petronet, and PI Industries emerged as the most significant losers, reflecting notable declines in their share prices.
Biggest decliners today
Jubilant Foodworks led the pack of losers, with its stock price dropping by 7.81% from its opening level of ₹449.30 to a current price of ₹435.65. The stock experienced a low of ₹433.55 during the session. Gujarat State Petronet followed closely, falling by 7.13% from its opening price of ₹287.55 to a current level of ₹268.35, after hitting a low of ₹257.15. PI Industries also faced significant pressure, slipping 5.54% to ₹2,740.50 from an opening of ₹2,898.50, with a session low of ₹2,700.00.
Eris Lifesciences saw its shares decline by 4.96%, closing at ₹1,385.90 from an opening of ₹1,489.10. The stock reached a high of ₹1,530.00 before retreating. Bosch, a key player in the automotive sector, experienced a 4.40% drop, closing at ₹35,210.00 from an opening of ₹37,190.00, after touching a high of ₹37,600.00.
Sectoral patterns
In the broader market, other notable decliners included Ola Electric Mobility, which saw a 3.92% decline, and Multi Commodity Exchange of India, which fell by 3.45%. Action Construction Equipment and Emami also faced downward pressure, declining by 3.25% and 3.07%, respectively. NAVA rounded out the list of top losers, with a 3.04% drop.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Jubilant Foodworks | 449.30 | 449.30 | 433.55 | 435.65 | -7.81% |
| Gujarat State Petronet | 287.55 | 290.00 | 257.15 | 268.35 | -7.13% |
| PI Industries | 2,898.50 | 2,898.50 | 2,700.00 | 2,740.50 | -5.54% |
| Eris Lifesciences | 1,489.10 | 1,530.00 | 1,372.30 | 1,385.90 | -4.96% |
| Bosch | 37,190.00 | 37,600.00 | 34,830.00 | 35,210.00 | -4.40% |
| Ola Electric Mobility | 35.63 | 36.10 | 34.83 | 35.51 | -3.92% |
| Multi Commodity Exchange of India | 3,470.00 | 3,480.00 | 3,308.00 | 3,322.80 | -3.45% |
| Action Construction Equipment | 889.05 | 889.05 | 861.00 | 867.70 | -3.25% |
| Emami | 431.95 | 438.00 | 410.10 | 415.65 | -3.07% |
| NAVA | 631.00 | 632.75 | 606.00 | 608.25 | -3.04% |
What this means for the market
The declines in these stocks indicate a cautious sentiment among investors, particularly in sectors such as consumer goods and energy. As the session progresses, market participants will be closely monitoring any developments that could influence these sectors further. The broader market’s muted performance suggests that investors remain wary, possibly awaiting clearer signals or data that could provide direction.
Data as on May 21, 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.