Top gainers and losers on May 27: UltraTech Cement, JSW Steel, ITC fall over 1.85%; check full list

The Indian equity benchmarks snapped their two-day winning streak on Tuesday, May 27 on account of profit booking. The SENSEX ended 643 points lower at 81,552 and NIFTY50 index dropped 175 points to close at 24,826. Index heavyweights like ICICI Bank, HDFC Bank, Reliance Industries, ITC, Axis Bank, Tata Consultancy Services, Infosys and Mahindra & Mahindra were among the top drags in the SENSEX. They collectively wiped out over 350 points from the SENSEX.

NIFTY50 top gainers and losers

UltraTech Cement was top loser in the NIFTY50 index, the stock fell 2.28% to close at ₹11,422 mirroring losses in other cement shares as monsoon rains arrived two weeks earlier than anticipated.

JSW Steel (-2.02%), ITC (-1.85%), Tata Motors (-1.65%) and Grasim (-1.63%) were also among the losers.

On the flipside, Jio Financial Services was top gainer in the NIFTY50 index, the stock rose 3.87% to close at ₹292.65 after Jio BlackRock Asset Management Private Limited, a 50:50 joint venture between Jio Financial Services and BlackRock, received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as an investment manager for their mutual fund business in India.

IndusInd Bank (2.61%), Trent (0.80%), Adani Ports (0.33%) and Sun Pharma (0.32%) were also among the gainers.

NIFTY Midcap 100 gainers and losers

NIFTY Midcap 100 index rose 0.15% or 87 points to close at 57,155. As many as 55 shares in the 100-share index ended higher.

Supreme Industries was top gainer in the NIFTY Midcap 100 index, the stock rose 3.69% to close at ₹4,185. Container Corporatin (3.11%), Bharat Dynamics (2.64%), Mazagon Dock (2.39%) and IDFC First Bank (2.37%) were also among the gainers.

On the other hand, BSE (-1.67%), Muthoot Finance (-1.58%), MRF (-1.55%), Page Industries (-1.23%) and ACC (-1.19%) were among the losers in the NIFTY Midcap 100 index.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index advanced 0.10% or 17 points to close at 17,725. As many as 56 shares in the NIFTY Smallcap 100 index ended lower while 44 closed higher.

ITI was top gainer in the NIFTY Smallcap 100 index, the stock rose 10% to close at ₹309 ahead of its March quarter earnings announcement.

IFCI (4.82%), Garden Reach Shipbuilders (3.51%), Reliance Power (3.18%) and Aarti Industries (2.76%) were also among the gainers.

On the contrary, Brainbees Solutions was top loser in the NIFTY Smallcap 100 index, the stock fell 5.92% to close at ₹ 353 after its loss in the January-March quarter widened to ₹77 crore from a loss of ₹52 crore in the same period last year.

Its revenue from operations, however, rose 16% to ₹1,930 crore from ₹1,667 crore in the year-ago period.

Sagility fell 5% as its promoter, Sagility BV, started selling a stake in the company via an offer for sale (OFS). Sagility BV is selling up to a 15.02% stake in the company through an OFS, aiming to align with minimum public shareholding norms.

Action Construction Equipment (-4%), Devyani International (-1.99%) and Affle India (-1.92%) were also among the laggards.