The Indian stock market showed mixed signals this morning with the SENSEX marginally up by 0.04% at 74,639.85 and the NIFTY 50 gaining 0.22% to reach 23,464.30. Despite the overall positive trend, several stocks faced significant declines. Kaynes Technology India, Gujarat State Petronet, and HFCL emerged as the top losers, witnessing sharp drops in their share prices.
Biggest decliners today
Kaynes Technology India experienced the most substantial decline, with its stock price plummeting by 18.27% from its opening level of ₹3,760.60 to a current price of ₹3,415.10. This significant drop positions it as the leading loser in today’s trading session.
Gujarat State Petronet followed, with a decrease of 7.13%. The stock opened at ₹287.55 and is currently trading at ₹268.35, despite reaching a high of ₹290.00 earlier in the session.
HFCL also saw a notable decline, with its stock price falling by 6.22% from its opening price of ₹154.00 to ₹143.92. The stock’s high for the day was ₹155.30, but it has struggled to maintain those levels.
Garden Reach Shipbuilders & Engineers and LIC Housing Finance both recorded a decline of 5.69% from their respective opening prices. GRSE’s stock decreased from ₹2,855.40 to ₹2,691.10, while LICHSGFIN fell from ₹570.25 to ₹552.35.
Sectoral patterns
Other notable decliners include Latent View Analytics, Tube Investments of India, Intellect Design Arena, Persistent Systems, and Data Patterns (India). These stocks, spanning various sectors such as analytics, manufacturing, and technology, have shown declines ranging from 4.90% to 5.49%, indicating a broader market sentiment affecting multiple sectors.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Kaynes | 3,760.60 | 3,760.60 | 3,366.10 | 3,415.10 | -18.27% |
| Gujarat State Petronet | 287.55 | 290.00 | 257.15 | 268.35 | -7.13% |
| HFCL | 154.00 | 155.30 | 142.00 | 143.92 | -6.22% |
| GRSE | 2,855.40 | 2,867.50 | 2,667.00 | 2,691.10 | -5.69% |
| LIC Housing Finance | 570.25 | 580.95 | 546.80 | 552.35 | -5.69% |
| Latent View Analytics | 297.45 | 299.60 | 277.30 | 280.35 | -5.49% |
| Tube Investments of India | 2,949.00 | 2,976.40 | 2,776.20 | 2,786.10 | -5.27% |
| Intellect Design Arena | 729.00 | 729.00 | 680.00 | 684.50 | -5.06% |
| Persistent Systems | 4,831.00 | 4,831.00 | 4,593.10 | 4,605.00 | -4.95% |
| Data Patterns (India) | 4,250.00 | 4,250.00 | 3,961.00 | 3,990.70 | -4.90% |
What this means for the market
The declines in these stocks indicate a cautious sentiment among investors, despite the overall positive movement in the major indices. As the session progresses, market participants will be closely watching for any signs of recovery or further declines in these stocks, which could influence broader market trends.
Data as on May 14, 2026, 11:30 AM 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.