Top gainers and losers, June 12: Shriram Finance climbs 8%, Bajaj Finance rises 6%, Nestle falls 3%; check full list

The reports suggested that the US and Iran have agreed on a draft memorandum of understanding (MoU) to reopen the Strait OF Hormuz, cancel oil sanctions against the country and release frozen Iranian funds, in exchange for no nuclear weapon ambitions.

During the afternoon session, the SENSEX rallied as much as 2.4% to hit an intraday high of 75,608.02. Meanwhile, the NIFTY50 surged to the session’s peak of 23,645.35.

On June 12, the SENSEX climbed by 1,695.41 points or 2.30% to close at 75,527.95, while the NIFTY50 advanced by 461.30 points or 1.99% to end at 23,622.90.

NIFTY50 top gainers and losers

The NIFTY50 pack was led by gains in Shriram Finance (8.10%), Bajaj Finance (5.68%), Larsen & Toubro (4.87%), InterGlobe Aviation (4.50%) and Tata Motors PV (4.02%), which were among the other top gainers.

On the contrary, the top losers included Nestle India (-3.23%), Oil & Natural Gas Corporation (-2.24%), Tech Mahindra (-2.18%), SBI Life Insurance Company (-0.81%) and Tata Consumer Products (-0.71%).

NIFTY MIDCAP 100 top gainers and losers

The NSE Midcap gauge ended at 60,768.10, marking a 1,442.70 points or 2.43% jump.

The top winners were Ashok Leyland (9.83%), L&T Finance (7.34%), Motilal Oswal Financial Services (6.89%), Hindustan Petroleum Corporation (6.56%) and Tube Investments of India (6.42%).

On the flipside, Oil India fell by 2.36%. It was followed by Premier Energies (-2.21%), Coforge (-1.71%), Lenskart Solutions (-1.64%) and Persistent Systems (-1.07%), which were among the top laggards.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap index jumped by 436.40 points or 2.62% to close at 17,079.10.

Its top gainers included IFCI (20%), Netweb Technologies India (9.51%), Tata Teleservices (9.51%), Aegis Vopak Terminals (8.97%) and Inox Wind (8.53%).

On the contrary, Cemindia Projects (-3.44%), Onesource Specialty Pharma (-2.80%), Gland Pharma (-2.10%), Cartrade Tech (-1.86%) and Balrampur Chini Mills (-1.45%) were among its top losers.