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  1. Top gainers and losers on August 27: SBI Life, Maruti Suzuki, Bajaj Finserv among NIFTY movers; JSW Steel top drag

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Top gainers and losers on August 27: SBI Life, Maruti Suzuki, Bajaj Finserv among NIFTY movers; JSW Steel top drag

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2 min read | Updated on August 27, 2024, 16:47 IST

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SUMMARY

Bajaj Finserv shares gained the most among NIFTY shares. The stock settled at ₹1,727.6 apiece, up by 2.46%. Among other NIFTY constituents, SBI Life Insurance, Maruti Suzuki, and HDFC Life Insurance were the major gainers. JSW Steel and Titan emerged as the top drag among NIFTY shares.

Top gainers and losers on August 27: SBI Life, Maruti Suzuki, Bajaj Finserv among NIFTY movers; JSW Steel top drag

Top gainers and losers on August 27: SBI Life, Maruti Suzuki, Bajaj Finserv among NIFTY movers; JSW Steel top drag

Benchmark indices closed flat on Tuesday, August 27, as NIFTY50 maintained the 25,000 level. The key index closed at 25,017.75, up by 7.15 points, or 0.03%. The benchmark index scaled an intraday high of 25,073.1.

BSE SENSEX gained 13.65 points, or 0.02%, to settle at 81,711.76. The index hit a high of 81,919.11 in intraday trade.

Among the sectoral indices NIFTY Media and Financial Services were the top gainers as they closed higher by 4.1% and 1.48%, respectively. On the other hand FMCG, Metal and Auto closed in the red.

Out of the total 50 NIFTY constituents, 31 closed in the negative territory dragged by JSW Steel, Titan Company and Hindustan Unilever.

Bajaj Finserv and SBI Life among top NIFTY gainers

Bajaj Finserv gained the most among NIFTY shares. The stock settled 2.46% higher at ₹1,727.6 apiece. The financial services stock touched an intraday high of ₹1,729 apiece on the NSE.
SBI Life Insurance Company’s stock rallied nearly 3% to hit an intraday high of ₹1,848.6 apiece. The stock closed 2.27% higher at ₹1,837 apiece.
Shares of automaker Maruti Suzuki gained more than 2% to hit a high of ₹12,530 apiece on the NSE. The stock closed higher by 1.91% at ₹12,478 apiece.
HDFC Life shares surged over 2% to hit an intraday high of ₹742.45 apiece. The stock closed 1.66% higher at ₹737.7 apiece on the NSE.
On the other hand, shares of Larsen & Toubro rose by 2.61% to hit an intraday high of ₹3,737 apiece before closing at ₹3,700.1.
Among other NIFTY constituents, Shriram Finance, Bajaj Finance and Infosys closed higher by up to 1.55% on August 27.

JSW Steel and Titan emerge as top losers

JSW Steel shares declined the most among NIFTY shares. The stock dipped nearly 2.15% to hit a low of ₹942.75 apiece. The company’s stock closed at ₹943.8 apiece, down 2.04%.
Tata Group stock, Titan Company’s shares declined nearly 3% to hit an intraday low of ₹3,530.5 per share. The stock closed lower by 1.93% at ₹3,560 apiece.
Shares of FMCG major Hindustan Unilever closed lower by nearly 1.92% at ₹2,767 and Grasim’s stock dropped 1.26% to ₹2,702.05 apiece. Coal India stock tanked 1.18% to ₹531.75 apiece at the close.
Stocks of NTPC, Tata Motors and ITC were the other major losers among NIFTY shares.
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