Top gainers and losers, Oct 1: Bajaj Auto tumbles 8%, Maruti Suzuki tanks 5%, Infosys jumps 4%; check list

On Wednesday, the foreign institutional investors (FIIs) sold shares worth ₹10,148.41 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹11,271.73 crore on a net basis, according to exchange data.

Furthermore, the volatility gauge, India VIX, surged as much as 16.3% to an intraday high mark of the 15.69 level.

The SENSEX tanked as much as 1.64% to hit an intraday low of 71,292.88. Meanwhile, the NIFTY50 crashed as much as 1.8% to reach the session’s low of 22,217.30, on the back of a broad-based selloff.

On October 1, the SENSEX tumbled by 570.59 points or 0.79% to close at 71,909.70. Meanwhile, the NIFTY50 fell by 198.50 points or 0.88% to end at 22,421.95.

The markets will reopen on Monday, October 5, following a long weekend.

NIFTY50 top gainers and losers

The top losers in the index included Bajaj Auto (-7.62%), Maruti Suzuki (-4.86%), Shriram Finance (-3.84%), Tata Steel (-3.42%) and Adani Ports and Special Economic Zones (-3.36%).

On the other hand, Infosys (4.11%), HDFC Life Insurance Company (2.49%), HDFC Bank (1.76%), SBI Life Insurance Company (1.49%) and Max Healthcare Institute (1.20%) were among the top gainers.

NIFTY Midcap 100 top gainers and losers

NSE’s NIFTY Midcap 100 gauge tumbled 1.01% or 600.05 points to end at 58,732 on October 1.

The index was weighed down by selling in the shares of PB Fintech (-7.89%), Swiggy (-4.84%), Kalyan Jewellers India (-4.46%), UPL Ltd (-4.25%) and LIC Housing Finance (-4.00%), which were among the top laggards.

On the flip side, the top winners included MphasiS (4.45%), Coforge (4.40%), Havells India (2.36%), Fortis Healthcare (1.95%) and Tata Communications (1.79%).

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 index declined by 0.97% or 187.05 points to close at 19,058.65.

Its top losers were Chennai Petroleum Corporation (-6.64%), IFCI Ltd (-5.47%), Welspun Corp (-5.04%), Piramal Pharma (-3.98%) and Affle 3i (-3.97%).

On the contrary, the top gainers included IDBI Bank (5.96%), HFCL Ltd (5%), Sterlite Technologies (5%), Nuvama Wealth Management (2.05%) and Cohance Lifesciences (2.03%) were the top gainers.

Shares of Sterlite Tech hit a 52-week high as the company received a Long-Term Supply Agreement (LTSA) worth $1.2 billion from an international hyperscale partner.

More specifically, the contract has a total potential value of approximately $1.2 billion over its tenure, based on prevailing selling prices of connectivity products being supplied.

Under the agreement, Sterlite Technologies will be expected to supply optical connectivity products as per customer specifications, and the agreement will be valid up to December 2030.