Top gainers and losers on November 18: Tata Consumer Products, Tech Mahindra, Jio Financial Services fall over 2%; check full list

The Indian equity benchmarks snapped their six-day winning run on Tuesday, November 18, on the back of weak global cues following a slump in US markets as Nvidia and other superstars created by the frenzy around artificial-intelligence technology dimmed some more. The SENSEX dropped as much as 393 points and NIFTY50 index touched an intraday low of 25,876 dragged down by losses HDFC Bank, Infosys, ICICI Bank, Larsen & Toubro and Eternal.

The SENSEX ended 278 points lower 84,673 and NIFTY50 index dropped 103 points to close at 25,910.

NIFTY50 top gainers and losers

Tata Consumer Products was top loser in the NIFTY50 index, the stock dropped 2.28% to close at ₹1,152. Tech Mahindra (-2.21%), Jio Financial Services (-1.99%), InterGlobe Aviation (-1.95%) and Eternal (-1.63%) were also among the losers.

On the flipside, Bharti Airtel was top gainer in the NIFTY50 index, the stock rose 1.6% to close at ₹2,146.

Axis Bank (1.07%), Asian Paints (0.65%), Shriram Finance (0.62%) and Titan (0.42%) were also among the gainers.

NIFTY Midcap 100 gainers and losers

NIFTY Midcap 100 index declined 0.59% or 359 points to close at 60,822 on account of profit booking a day after it touched record high in the previous session.

One 97 Communications was top loser in the NIFTY Midcap 100 index, the stock fell 3% to close at ₹1,292 after a large block deal on Tuesday, November 18.

A total of 1.32 crore shares, representing 2.07% of the company’s equity, changed hands in a block deal at ₹1,307 per share, valuing the transaction at approximately ₹1,722 crore.

According to news reports, the transaction was estimated to be worth up to ₹1,639.7 crore, based on the floor price and the indicated share quantity.

Cummins India (-2.99%), SBI Cards (-2.5%), PI Industries (-2.33%) and Oberoi Realty (-2.19%) were also among the losers.

On the other hand, GMR Airports (6.47%), M&M Financial Services (2.83%), Bharti Hexacom (2.69%), Federal Bank (2.32%) and HUDCO (1.94%) were among the notable gainers in the NIFTY Midcap 100 index.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index dropped 1.05% or 193 points to close at 18,154.75. As many as 83 shares in the index ended lower while 16 closed higher.

Kaynes Technology was top loser in the NIFTY Smallcap 100 index, the stock dropped 5.56% to close at ₹5,890. International Gemmological Institute (-4.93%), Inox Wind (-3.67%), Zen Technologies (-3.41%) and Narayana Hrudayalaya (-3.1%) were also among the laggards.

On the contrary, Devyani International (4.16%), Mahanagar Gas (2%), Atul (1.89%), Dr Lal Path Labs (1.16%) and Jyoti CNC (0.88%) were notable gainers in the NIFTY Smallcap 100 index.