Top gainers and losers, Oct 14: Shriram Finance falls 4%, HDFC LIC down 3%, Nestle surges 4%; check list

On Tuesday, the foreign institutional investors (FIIs) sold shares worth ₹1,305.13 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹2,439.24 crore on a net basis, according to exchange data.

India VIX, the volatility gauge, peaked at 6.4% to hit the day’s high of 15.02 during the trading session.

The SENSEX tumbled as much as 0.6% to hit an intraday low of 72,578.75. Meanwhile, the NIFTY50 dropped as much as 0.72% to touch the session’s low of 22,558.95.

On October 14, the SENSEX declined by 251.89 points or 0.34% to close at 72,781.89, while the NIFTY50 ended at 22,622.70, down by 99.25 points or 0.44%.

NIFTY50 top gainers and losers

Shriram Finance shares weighed down on the NIFTY50 index, closing 3.85% lower.

It was followed by HDFC Life Insurance Company (-2.85%), Bajaj Finance (-2.16%), Mahindra & Mahindra (M&M) (-2.47%) and SBI Life Insurance Company (-2.20%), which were among the top losers on Wednesday.

On the flip side, the top gainers included Nestle India (3.69%), Tata Consumer Products (2.91%), Infosys (2.44%), Tata Consultancy Services (TCS) (2.11%) and Coal India (2.08%).

NIFTY Midcap 100 top gainers and losers

NSE’s NIFTY Midcap 100 gauge declined by 0.08% or 50.10 points to close at 59,409.10 on October 14.

The top losers included Meesho (-5.85%), LIC Housing Finance (-5.14%), L&T Finance (-3.29%), Exide Industries (-3.16%) and Max Financial Services (-3.13%).

On the other hand, JSW Energy (6.47%), Bharat Heavy Electricals Ltd (BHEL) (4.89%), NLC India (4.79%), PI Industries (4.17%) and Havells India (3.50%) were among the top winners.

BHEL's standalone revenue from operations rose 24% annually to ₹9,300 crore from ₹7,512 crore a year earlier.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 index ended at 19,384.80, marking a 62.60-point or 0.32% fall.

Sterlite Technologies (-4.30%), Gallantt Ispat (-3.76%), City Union Bank (-3.72%), IIFL Finance (-3.37%) and Welspun Corp (-3.35%) were among the top losers.

On the contrary, the top gainers included Vedanta Power (11.23%), IDBI Bank (8.33%), Aegis Logistics (6.68%), Tata Elxsi (5.73%), and Chennai Petroleum Corporation (5.70%).

In a regulatory filing, Aegis Logistics said that it aims to acquire approximately 89.8% of Tristar Holdings from Agility Tristar Holdings, Gulf Investment Corporation and Diamond Holdings for an equity consideration of $809 million, including contingent and interest for deferred consideration.

Despite the increase in revenues and improvement in margins on a sequential basis during the July to September quarter of FY27, Tata Elxsi posted an overall flat net profit growth due to the overall increase in employee costs and other expenses in the period.

NSE filings showed that Tata Elxsi recorded a flat net profit after tax at ₹170.2 crore in the Q2 results, in comparison to ₹170.6 crore in the previous quarter. However, on a YoY basis, the profits jumped 10% to its second-quarter level, from ₹154.81 crore in the corresponding quarter of the previous fiscal year.