Top gainers and losers, October 3: Tata Steel, Power Grid surge 3%, Max Healthcare falls 4%; check full list

Top gainers and losers: The Indian benchmark indices, SENSEX and NIFTY50, closed in positive territory on Friday, October 3, for the second day straight, supported by buying in metal stocks and a rally in global markets.

The 30-share BSE SENSEX ended at 81,207.17, up by 223.86 points or 0.28%, with 14 stocks advancing against 16 stocks declining on the index.

The 50-share NSE NIFTY edged higher by 57.95 points, or 0.23%, to 24,894.25.

NIFTY50 top gainers and losers

Tata Steel led the NIFTY50 pack, closing 3.45% higher. This comes after Bloomberg, citing a draft proposal, reported that the European Union is preparing to increase tariffs on steel imports and significantly lower the quota volumes before duties are imposed. This move could benefit Tata Steel Europe.

According to the draft, the tariff rate would rise to 50% “to minimise the risk of trade diversion”.

It was followed by Power Grid (2.85%), Kotak Bank (2.17%), Axis Bank (2.03%), and Larsen & Toubro (1.98%), which were among the top gainers on Friday.

L&T shares gained after Larsen & Toubro’s Buildings & Factories (B&F) vertical secured major construction orders in India in the range of ₹5,000 crore to ₹10,000 crore. The business won a lump-sum turnkey contract from a reputed MNC to construct one of the largest proposed IT parks in Bengaluru.

On the other hand, shares of Max Healthcare Institute closed in the red, down 3.88%. Tech Mahindra (-1.27%), Eicher Motors (-1.23%), Coal India (-1.18%), and Maruti Suzuki India (-0.98%) were the day’s top laggards.

NIFTY Midcap 100 top gainers and losers

NSE’s midcap gauge, the NIFTY Midcap 100, closed in the green at 57,503.35, up by 473.65 points or 0.83%.

The gains were led by buying in Kalyan Jewellers India (5.43%), Indian Bank (4.12%), Vodafone Idea (3.76%), National Aluminium Company (3.08%), and Waaree Energies (3.06%).

On the flipside, Bharti Hexacom fell as much as 1.37%. The other top losers included ITC Hotels (-1.27%), FSN E-Commerce Ventures (-1.09%), Max Financial Services (-1.07%), and Ashok Leyland (-1.06%).

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 index increased by 122.30 points or 0.69% to close at 17,878.15.

The gains were led by Aegis Logistics, which closed 11.03% higher. It was followed by Aegis Vopak Terminals (8.21%), Mangalore Refinery and Petrochemicals (8.02%), Data Patterns (7.57%), and the Great Eastern Shipping Company (6.12%), which were among the top winners.

On the contrary, Cholamandalam Financial Holdings (-3.53%), Ola Electric Mobility (-3.03%), Wockhardt (-2.53%), Devyani International (-2.49%), and Go Digit General Insurance (-1.66%) were among the top losers.