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Indian equity benchmarks, Nifty50 and BSE Sensex, continued their losing streak on Wednesday, as investors turned cautious amid escalating geopolitical tensions and renewed worries over possible tariff increases by the United States.The decline was compounded by continued selling from foreign investors. At 12:21 PM, Nifty50 was trading at 26,101.25, down 77 points or 0.30%. BSE Sensex was at 84,806.54, down 257 points or 0.30%. Here is a look at the top gainers and losers on Nifty50 and BSE Sensex at noon.
Top Nifty50 Gainers At 12:00 PM
- Titan Company - 4.69%
- Jio Financial Services - 2.07%
- HCL Tech - 1.75%
- Eternal - 1.61%
- Wipro - 1.62%
- Tech Mahindra - 1.21%
- Infosys - 0.98%
- Apollo Hospital - 0.95%
- ICICI Bank - 0.92%
- Bajaj Auto - 0.88%
Top Nifty50 Losers At 12:00 PM
- Cipla - (-) 4.63%
- Tata Motors PV - (-) 2.2%
- Max Healthcare - (-) 2.14%
- Kotak Bank - (-) 1.69%
- Maruti Suzuki - (-) 1.53%
- InterGlobe - (-) 1.46%
- HDFC Bank - (-) 1.45%
- Power Grid - (-) 1.35%
- HUL - (-) 1.2%
- Tata Steel - (-) 1.2%
Top BSE Sensex Gainers At 12:00 PM
- Titan Company - 4.76%
- HCL Tech - 1.7%
- Eternal - 1.59%
- Tech Mahindra - 1.19%
- Infosys - 0.96%
- ICICI Bank - 0.94%
- TCS - 0.72%
- Sun Pharma - 0.46%
- Nestle India - 0.01%
Top BSE Sensex Losers At 12:00 PM
- IndusInd Bank - (-) 2.04%
- Kotak Bank - (-) 1.62%
- Maruti Suzuki - (-) 1.54%
- InterGlobe - (-) 1.46%
- HDFC Bank - (-) 1.45%
- Power Grid - (-) 1.34%
- HUL - (-) 1.19%
- Tata Steel - (-) 1.19%
- NTPC - (-) 1.18%
- Bharti Airtel - (-) 1.02%
"Rising geopolitical tensions and fresh tariff-related concerns have triggered profit-booking at higher levels, keeping risk appetite in check.
As a result, the market is expected to remain largely range-bound, with stock-specific and sector-led moves dominating trade rather than a broad-based directional trend," Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.Asian markets were mixed, with South Korea's Kospi and China's SSE Composite trading higher, while Japan's Nikkei 225 and Hong Kong's Hang Seng were lower. US equities closed higher on Tuesday.
In commodities, Brent crude slipped 0.87 per cent to $60.17 a barrel.Foreign institutional investors sold equities worth Rs 107.63 crore on Tuesday, as per exchange data. Domestic institutional investors, however, remained net buyers, purchasing shares valued at Rs 1,749.35 crore.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
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