Top gainers and losers, Nov 28: SBI Life falls 2%, Adani Enterprises, Sun Pharma surge over 1%; check list

Halting its two-day rally, the 30-share BSE SENSEX slipped by 13.71 points or 0.02% to settle at 85,706.67. Similarly, NIFTY skidded 12.60 points or 0.05% to 26,202.95.

NIFTY50 top gainers and losers

The 50-share NIFTY index was dragged down by selling in SBI Life Insurance Company, which closed 1.72% lower.

It was followed by HDFC Life Insurance Company (-1.36%), Shriram Finance (-1.35%), Power Grid Corporation of India (-1.35%) and Bharti Airtel (-0.74%), which were among the top losers of the day.

Furthermore, its wholly-owned subsidiary, Adani Defence Systems and Technologies Ltd, along with Horizon Aero Solutions Ltd (HASL) signed share purchase agreements on November 27 to acquire 72.8% stake in Flight Simulation Technique Centre Pvt Ltd for an enterprise value of ₹820 crore.

Sun Pharmaceutical (1.20%), Kotak Mahindra Bank (0.71%) and Hindustan Unilever (0.66%) trailed behind Mahindra & Mahindra and Adani Enterprises.

NIFTY Midcap 100 top gainers and losers

NSE’s midcap gauge, the NIFTY Midcap 100, fell 69.90 points, or 0.11%, to settle at 61,043.25 on Friday. The index was weighed down by Swiggy, which closed 2.50% lower.

The other top laggards included Godfrey Phillips India (-2.15%), Page Industries (-2.13%), Astral (2.11%) and Tube Investments of India (-1.83%).

On the flipside, shares of Motilal Oswal Financial Services advanced 3.34%.

SRF Ltd (3.27%), Kalyan Jewellers India (2.39%), Mahindra & Mahindra Financial Services (2.28%) and One 97 Communications (2.08%) were among the top winners.

Shares of One97 Communications, the parent entity of Paytm, rallied following a positive research note by Goldman Sachs. According to news reports, Goldman Sachs stated that the company's EBITDA margin will more than double over the next 3-4 years and that Paytm’s cost control has been a big positive surprise.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 ended at 17,829.25, down by 47.55 points or 0.27% on November 28. It was pulled down by selling in Wockhardt (-3.45%), Multi Commodity Exchange of India (-3.08%), Jindal Saw (-2.72%), CreditAccess Grameen (-2.70%) and Jyoti CNC Automation (-2.64%).

On the contrary, Poonawalla Fincorp (3.72%), Neuland Laboratories (3.60%), Laurus Labs (2.92%), Cholamandalam Financial Holdings (2.63%) and BLS International Services (2.43%) were among the top gainers.