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  1. Top gainers, losers on Sept 26: Maruti Suzuki, Grasim, Tata Motors, and Shriram Finance lead NIFTY movers

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Top gainers, losers on Sept 26: Maruti Suzuki, Grasim, Tata Motors, and Shriram Finance lead NIFTY movers

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3 min read | Updated on September 26, 2024, 20:25 IST

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SUMMARY

Maruti Suzuki India shares gained the most among benchmark NIFTY constituents. The auto stock closed at ₹13,358.65 apiece, up by 4.48%. Grasim, Tata Motors and Shriram Finance were the other major gainers among NIFTY constituents. On the other hand, Cipla and ONGC emerged as the top drags among NIFTY shares.

Top gainers and losers: Maruti Suzuki, Grasim, Tata Motors, Shriram Finance lead NIFTY movers; Cipla major drag

Top gainers and losers: Maruti Suzuki, Grasim, Tata Motors, Shriram Finance lead NIFTY movers; Cipla major drag

Benchmark indices SENSEX and NIFTY50 scaled record highs on Thursday, led by a rally in auto stocks amid positive global cues. The NIFTY50 closed at 26,216 points, up by 211 points, or 0.81%, and the SENSEX settled at 85,836, up 666 points, or 0.78%.

NIFTY scaled to a fresh peak of 26,250 points, and the SENSEX soared to a record high of 85,930 points in intraday trade.

Among sectoral indices, NIFTY Auto and NIFTY Metal closed higher by 2.26% and 2.13%, respectively. On the other hand, NIFTY Consumer Durables closed lower by 0.9%.

Out of the total 50 NIFTY constituents, 9 closed in the red dragged by Cipla, ONGC, and Larsen and Toubro shares.

Maruti Suzuki India and Grasim emerge as top NIFTY gainers

Maruti Suzuki India shares gained the most among benchmark NIFTY constituents. The automotive company’s shares closed at ₹13,358.65 apiece, up by 4.48%. The stock surged nearly 5% to hit an intraday high at ₹13,411 apiece. The stock also emerged as the biggest gainer on the NIFTY Auto index.
Grasim shares traded higher by more than 3% to hit an intraday high of ₹2,750 apiece. The stock settled 3.19% higher at ₹2,747 apiece on the NSE.
Tata Motors gained over 3% to hit an intraday high of ₹994.95 apiece on the NSE. The stock closed higher by 2.83% at ₹990.9 apiece.
Shriram Finance shares gained over 3% to hit an intraday high of ₹3,637 apiece. The stock closed 2.78% higher at ₹3,622 apiece on the NSE.
Shares of Bajaj Finserv gained over 3% to trade at an intraday high of ₹1988.25 apiece before closing at ₹1978.4 up by 2.59%.

Among other NIFTY constituents, Mahindra and Mahindra, Tata Steel and Hindalco shares closed higher by up to 2.52% on September 26.

Cipla and ONGC emerge as top losers

Cipla stock declined the most among NIFTY constituents. The stock dipped over 2% to hit a low of ₹1,602.3 apiece. The company’s stock closed at ₹1,619 apiece, down by 1.47%.
State-owned Natural Gas Corporation (ONGC) declined more than 2% to hit an intraday low of ₹291.5 per share. The stock closed lower by 1.24% at ₹295 apiece.

Shares of L&T closed lower by 0.82% at ₹3,760 apiece while Hero MotoCorp settled at ₹6,039.7 apiece, down by 0.8%. NTPC stock also closed 0.6% lower at ₹433.5 apiece.

Divi’s Laboratories, Infosys and HDFC Bank shares also emerged as losers among constituents of the NIFTY index, declining up to 0.54%.

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