Top gainers and losers on September 25: Trent, Power Grid, Tata Motors fall over 2.6%; check full list

The Indian equity benchmarks fell for a fifth straight session on Thursday, September 25, dragged down by losses in index heavyweights like Tata Consultancy Services, Reliance Industries, ICICI Bank, Bajaj Finance, Power Grid, Larsen & Toubro and Tata Motors. The SENSEX fell as much as 623 points and NIFTY50 index touched an intraday low of 24,878. In the last five trading sessions, the SENSEX has dropped 2.23% and NIFTY50 index has plunged 2%.

The SENSEX ended 556 points lower at 81,160 and NIFTY50 index tumbled 166 points to close at 24,891.

NIFTY50 top gainers and losers

Citing people with knowledge on the matter, Financial Times reported that if JLR cannot produce vehicles until November, the carmaker might suffer a revenue hit of more than £3.5bn, or about £1.3bn in gross profits.

The report further stated that JLR may be unable to recover the losses—along with other costs related to the cyberattack—as it was still in talks with insurance broker Lockton about purchasing a policy at the time the breach occurred.

Trent (3.61%), Power Grid (-3.10%), TCS (-2.55%) and Asian Paints (-2.17%) were also among the losers.

On the flipside, Bharat Electronics (BEL) was top gainer in the NIFTY50 index, the stock rose 2.07% to close at ₹403.65 after L&T announced that it has formed a strategic partnership with BEL to support the Advanced Medium Combat Aircraft (AMCA) programme of the Indian Air Force.

The consortium will participate in the Expression of Interest notice issued by the Government of India’s (GoI) Aeronautical Development Agency by way of submitting a response in the coming weeks, the press release said.

Hero MotoCorp (1.51%), Hindalco (0.8%), ONGC (0.49%) and Axis Bank (0.35%) were also among the notable gainers.

NIFTY Midcap 100 gainers and losers

NIFTY Midcap 100 index fell 0.64% or 369 points to close at 57,556. As many as 77 shares in the index ended lower while 22 closed higher.

Aditya Birla Fashion and Retail was top loser in the NIFTY Midcap 100 index, the stock fell 4.53% to close at ₹87. Kalyan Jewellers (-3.19%), Escorts Kubota (-2.62%), Godrej Properties (-2.61%) and Astral (-2.54%) were also among the losers.

On the other hand, Hindustan Zinc was top gainer in the NIFTY Midcap 100 index, the stock rose 3.32% to close at ₹468. Bharti Hexacom (1.92%), Cochin Shipyard (1.85%), Oil India (1.72%) and KPIT Technologies (1.62%) were also among the gainers.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index fell 0.57% or 103 points to close at 17,967. As many as 77 shares ended lower in the NIFTY Smallcap 100 index.

BLS International Services was top loser in the NIFTY Smallcap 100 index, the stock fell 4.2% to close at ₹341. RK Forgings (-3.75%), Aditya Birla Real Estate (-3.64%), Afcons (-3.2%) and International Gemmological Institute (-2.93%) were also among the losers.

The sharp surge in copper price came after the world's leading mining company - Freeport-McMoRan - declared force majeure on contracted supplies from its giant Grasberg mine in Indonesia, the second-largest source of the metal, news agency Bloomberg reported.

Navin Fluorine (2.71%) and Credit Access Grameen (2.21%) were also among the gainers.