Top gainers and losers on December 4: Tech Mahindra, HDFC Life, TCS shares rise over 1.48%; check full list

The Indian equity benchmarks snapped their four-day losing streak on Thursday, December 4, led by gains in index heavyweights such as Infosys, Tata Consultancy Services (TCS), Bharti Airtel, ITC, Axis Bank and Mahindra & Mahindra.

The SENSEX rose as much as 499 points from the day's lowest level and NIFTY50 index touched an intraday high of 26,098 after hitting low of 25,938.

The SENSEX ended 159 points higher at 85,265 and NIFTY50 index advanced 48 points to close at 26,034.

NIFTY50 top gainers and losers

Tech Mahindra was top gainer in the NIFTY50 index, the stock rose 1.51% to close at ₹1,565. HDFC Life (1.49%), TCS (1.48%), SBI Life (1.41%) and Bharat Electronics (1.25%) were also among the gainers.

On the flipside, InterGlobe Aviation was top loser in the NIFTY50 index, the stock dropped 2.39% to close at ₹5,461.50 after its operations were significantly disrupted across the network for the past two days.

According to a PTI report, IndiGo cancelled more than 100 flights at various airports, and scores of services were delayed on Wednesday as the country's largest airline grappled with significant operational disruptions, mainly due to crew shortages.

Aviation watchdog DGCA said it was investigating IndiGo flight disruptions and has asked the airline to submit the reasons for the current situation as well as the plans to reduce flight cancellations and delays.

As part of the calibrated adjustments announced by IndiGo, there will be cancellations and rescheduling of flights, PTI reported, quoting sources, on Wednesday, a day when airports witnessed chaos as hundreds of passengers faced hardships due to services getting cancelled and delayed for long.

Reliance Industries (-0.88%), Hindalco (-0.65%), Maruti Suzuki (-0.64%) and Kotak Mahindra Bank (-0.56%) were also among losers in the NIFTY50 index.

NIFTY Midcap 100 gainers and losers

NIFTY Midcap 100 index ended marginally lower at 60,299. As many as 54 shares ended higher while 46 closed lower.

Bharat Dynamics was top gainer in the NIFTY Midcap 100 index, the stock jumped 3.7% to close at ₹1,538 mirroring gains in other defence shares on expectations of defence deal between India and Russia ahead of Russian President Vladimir Putin's two-day state visit to India.

Coforge (2.83%), Astral (2.43%), Exide Industries (2.15%) and Hero MotoCorp (2.07%) were also among the gainers.

On the other hand, Hitachi Energy India (-8.01%), Patanjali (-5.63%), Biocon (-5.38%), Waaree Energies (-4.46%) and Premier Energies (-3.43%) were top loser in the NIFTY Midcap 100 index.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index declined 0.24% or 42 points close at 17,608. As many as 65 shares ended lower while 35 closed higher.

Wockhardt (-6.06%), Ola Electric (-5.02%), Amber Enterprises (-4.34%) and HBL Engineering (-3.93%) were also among laggards in the NIFTY Smallcap 100 index.

On the Multi-Commodity Exchange (MCX), copper futures for December 31 delivery rose 1% to a record high of ₹1,087.20 per kilogram on Thursday, bolstered by supply concerns.

The supply fears were driven by planned production cuts by Chinese smelters, lower output in Chile’s top producers in October, and dollar weakness.

JB Chemicals & Pharmaceuticals (3.37%), Himadri Speciality Chemical (3.29%), Five-Star Business Finance (3.06%) and Aptus Value Housing Finance (2.84%) were also among the top gainers in the NIFTY Smallcap 100 index.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

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